Indiana General (Financial) Power of Attorney
The Indiana General (Financial) Power of Attorney is designed to streamline the process of applying for a Power of Attorney (POA) relevant to the finances of the applicant (the Principal). This particular type of POA places a restriction on the powers of the Agent (the party nominated by the Principal to act on their behalf) in that they will not be allowed to continue their duties if the Principal enters into a state of incapacity. It is up to the Principal to place this limitation—they may alternatively choose to enact a Durable type of POA that would continue in such circumstances.
State Laws – Powers of Attorney
Signing Requirements (IC 30-5-4-1) – The Principal must sign the POA before a Notary Public