North Carolina General (Financial) Power of Attorney Form
The North Carolina General (Financial) Power of Attorney Short Form is a contract designed to make establishing a Power of Attorney that as straightforward as possible. An individual (referred to as the Principal) can simply mark, via their initials, the acts they wish the Attorney-in-Fact they nominate to complete on their behalf. For example, the Principal can authorize the Attorney-in-Fact to attend to such areas as:
- Real property transactions,
- Banking transactions, and
- Insurance transactions.
In line with the general terms of this contract, the contract will cease to be valid if the Principal becomes medically incapacitated.
State Laws & Signing Requirements
State Laws – North Carolina Uniform Power of Attorney Act
Signing Requirements (§ 32C-1-105) – State law mandates that a Power of Attorney must be:
- Signed by the Principal (or by another individual they direct to sign the form on their behalf, so long as this is completed their conscious presence), and
- Acknowledged before a Notary Public or another individual legally authorized to take lawful acknowledgements.