Statutory Form Power of Attorney - Idaho - Edit, Fill, Sign Online

IDAHO STATUTORY FORM POWER OF ATTORNEY - 1

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IDAHO STATUTORY FORM POWER OF ATTORNEY

OF

JANE SMITH

Important Information

This power of attorney authorizes another person (your agent) to make decisions

concerning your property for you (the principal). Your agent can make decisions and act with

respect to your property (including your money) whether or not you are able to act for yourself.

The meaning of authority over subjects listed on this form is explained in the uniform power of

attorney act, chapter 12, title 15, Idaho Code.

This power of attorney does not authorize the agent to make health care decisions for

you.

You should select someone you trust to serve as your agent. The agent’s authority will

continue until your death unless you revoke the power of attorney or the agent resigns.

Your agent is entitled to reasonable compensation unless you state otherwise in the

Special Instructions.

The form provides for designation of one (1) agent. If you wish to name more than one

(1) agent, you may name a coagent in the Special Instructions. Coagents are not required to act

together unless you include that requirement in the Special Instructions.

If your agent is unable or unwilling to act for you, your power of attorney will end unless

you have named a successor agent. You may also name a second successor agent.

This power of attorney becomes effective immediately unless you state otherwise in the

Special Instructions.

If you have questions about the power of attorney or the authority you are granting to

your agent, you should seek legal advice before signing this form.

1. Designation of Agent. I, Jane Smith , name the following person as

my agent:

Name: Spouse

Address: 123 Main

Telephone Number: 456-7890

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2. Designation of Successor Agent(s) (Optional). If my agent is unable or unwilling

to act for me, I name as my successor agent:

Name: Sister Smith

Address: 456 Broadway

Telephone Number: 123-4567

If my successor agent is unable or unwilling to act for me, I name as my second successor

agent:

Name: Brother Smith

Address: 789 Center

Telephone Number: 987-6543

3. Grant of General Authority. I grant my agent and any successor agent general

authority to act for me with respect to the following subjects as defined in the uniform power of

attorney act, chapter 12, title 15, Idaho Code:

(INITIAL each subject you want to include in the agent’s general authority. If you wish

to grant general authority over all of the subjects you may initial “All Preceding Subjects”

instead of initialing each subject.)

Real Property

Tangible Personal Property

Stocks and Bonds

Commodities and Options

Banks and Other Financial Institutions

Operation of an Entity or Business

Insurance and Annuities

Estates, Trusts, and Other Beneficial Interests

Claims and Litigation

Personal and Family Maintenance

Benefits from Governmental Programs or Civil or Military Service

Retirement Plans

Taxes

All Preceding Subjects

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4. Grant of Specific Authority (Optional). My agent MAY NOT do any of the

following specific acts for me UNLESS I have INITIALED the specific authority listed below:

(CAUTION: Granting any of the following will give your agent the authority to take

actions that could significantly reduce your property or change how your property is distributed

at your death. INITIAL ONLY the specific authority you WANT to give your agent.)

Create, amend, revoke, or terminate an inter vivos trust

Make a gift, subject to the limitations of the uniform power of attorney act,

chapter 12, title 15, Idaho Code, and any special instructions in this power of

attorney

Make a gift without limitations except any special instructions in this power of

attorney

Create or change rights of survivorship

Create or change a beneficiary designation

Authorize another person to exercise the authority granted under this power of

attorney

Waive the principal’s right to be a beneficiary of a joint and survivor annuity,

including a survivor benefit under a retirement plan

Exercise fiduciary powers that the principal has authority to delegate

5. Limitation on Agent’s Authority. An agent that is not my ancestor, spouse, or

descendant MAY NOT use my property to benefit the agent or a person to whom the agent owes

an obligation of support unless I have included that authority in the Special Instructions.

6. Special Instructions (Optional). On the following lines you may give special

instructions:

7. Effective Date. This power of attorney is effective immediately unless I have

stated otherwise in the Special Instructions.

8. Nomination of Conservator (Optional). If it becomes necessary for a court to

appoint a conservator of my estate, I nominate the following person(s) for appointment:

Name: Spouse

Address: 123 Main

Telephone Number: 456-7890

9. Reliance on This Power of Attorney. Any person, including my agent, may rely

upon the validity of this power of attorney or a copy of it unless that person knows it is

terminated or invalid.

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10. Signature and Acknowledgement.

Signature:

Date:

Name Printed: Jane Smith

Address: 123 Main

Phone Number: 456-7890

STATE OF IDAHO )

) ss.

County of Ada )

On this 2nd day of August , 2012, before me, a Notary Public in and for said state,

personally appeared Jane Smith , known or identified to me to be the person whose name

is subscribed to the foregoing Power of Attorney, and acknowledged to me that she executed the

same.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the

day and year in this certificate first above written.

Notary Public for Idaho

Residing at

My commission expires

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IMPORTANT INFORMATION FOR AGENT

1. Agent’s Duties. When you accept the authority granted under this power of

attorney, a special legal relationship is created between you and the principal. The relationship

imposes upon you legal duties that continue until you resign or the power of attorney is

terminated or revoked. You must:

a. Do what you know the principal reasonably expects you to do with the

principal’s property or, if you do not know the principal’s expectations, act in

the principal’s best interest;

b. Act in good faith;

c. Do nothing beyond the authority granted in this power of attorney; and

d. Disclose your identity as an agent whenever you act for the principal by

signing the name of the principal and signing your own name as “agent’ in the

following manner:

(Principal’s Name) by (Your Signature) as agent

Unless the Special Instructions in this power of attorney state otherwise, you must also:

a. Act loyally for the principal’s benefit;

b. Avoid conflicts that would impair your ability to act in the principal’s best

interest;

c. Act with care, competence and diligence;

d. Keep a record of all receipts, disbursements, and transactions conducted

for the principal;

e. Cooperate with any person that has authority to make health care decisions

for the principal to do what you know the principal reasonably expects or,

if you do not know the principal’s expectations, to act in the principal’s

best interest; and

f. Attempt to preserve the principal’s estate plan if you know the plan and

preserving the plan is consistent with the principal’s best interest.

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2. Termination of Agent’s Authority. You must stop acting on behalf of the

principal if you learn of any event that terminates this power of attorney or your authority under

this power of attorney. Events that terminate a power of attorney or your authority to act under a

power of attorney include:

a. Death of the principal;

b. The principal’s revocation of the power of attorney or your authority;

c. The occurrence of a termination event stated in the power of attorney;

d. The purpose of the power of attorney is fully accomplished; or

e. A legal action is filed with a court to end your marriage to the principal, or for

your legal separation, unless the Special Instructions in this power of attorney

state that such an action will not terminate your authority.

3. Liability of Agent. The meaning of the authority granted to you is defined in the

act. If you violate the act or act outside the authority granted, you may be liable for any damages

caused by your violation.

IF THERE IS ANYTHING ABOUT THIS DOCUMENT OR YOUR DUTIES THAT

YOU DO NOT UNDERSTAND, YOU SHOULD SEEK LEGAL ADVICE.

Fillable Printable Statutory Form Power of Attorney - Idaho

Fillable Printable Statutory Form Power of Attorney - Idaho

Statutory Form Power of Attorney - Idaho