Mississippi Durable (Financial) Power of Attorney Form
The Mississippi Durable Power of Attorney is a legally-binding document that provides an individual, the Principal, with the means to name an individual or entity, the Agent, who they will give the decision making capabilities required to carry out financial tasks on their behalf. Any tasks that the Principal wants the Agent to complete (such as those related to banking, investments, and other financial matters) must be clearly noted in the form. In addition to agreeing to carry out these tasks, the Agent must agree, in line with the durable nature of this contract, to continue fulfilling their role even if the Principal becomes legally incapable of communicating for themselves.
State Laws & Signing Requirements
State Laws – Powers and Letters of Attorney
Signing Requirements – There are no state-mandated signing requirements for a Mississippi Durable (Financial) Power of Attorney Form. It is therefore highly advisable to safeguard the interests of all parties that the Principal signs the form before a Notary Public and two (2) witnesses.