Create an Alaska Power of Attorney with our customizable template!
An Alaska power of attorney is a legal form that acts as the authorization for an individual, known as the agent or attorney-in-fact, to make financial decisions, healthcare decisions, real estate decisions, or estate decisions on behalf of the person granting this authority. An Alaska power of attorney is often used for estate planning. There are other instances when a POA is a useful tool.
Quick Reference:
The person granting permission is referred to as the principal, donor, or grantor.
The person receiving authorization is known as the agent or the attorney-in-fact.
Power of attorney forms are state-specific. An Alaska power of attorney must comply with Alaska statutes and be notarized by a notary public to be legally recognized. The Alaska Court System provides a PDF of a statutory form power of attorney. However, before you decide to use a power of attorney, you should understand that the document shall become effective generally when you sign it unless it is a springing power of attorney so it is important that you get competent advice from a law firm.
The statute regarding power of attorney outlines a lengthy guideline to composing a legally enforceable power of attorney document. It creates what is known as a statutory power of attorney. While the document is never turned in to any legal authority and is kept in the possession of the signees, it is very much a legal document and is to be presented when performing power of attorney duties. Title 13, Chapter 26 of the Alaska Statutes outline:
A power of attorney is also terminated when:
There are many reasons why someone would use an Alaska power of attorney form to give someone the authority to make decisions related to their tangible personal property, financial institution transactions, tax matters, or their well-being. Some of those reasons include:
General Power of Attorney
A general power of attorney grants an agent the ability to make decisions on behalf of the principal.
Durable Power of Attorney
A durable power of attorney is used to allow an agent to act on the behalf of the principal.
Limited Power of Attorney
A limited power of attorney, also known as a special power of attorney, has limited power to whatever the principal specifies.
Medical Power of Attorney
A medical power of attorney grants power to the healthcare agent to make medical or health decisions on the principal’s behalf, but it cannot be used to make end-of-life decisions.
Minor Children Power of Attorney
Known in the state of Alaska as form PG-700, a minor children power of attorney allows a parent or guardian to grant decision-making rights over their child to a temporary guardian in the case that the parent or guardian may not be present during a medical emergency.
Real Estate Power of Attorney
A real estate power of attorney allows the agent to buy, sell, or manage real estate on the principal’s behalf.
Tax Power of Attorney
Initiated by Form 774 POA, a tax power of attorney form allows a capable individual, generally an accountant, to handle all tax preparation and submission needs on the principal’s behalf.
Vehicle Power of Attorney
The vehicle power of attorney, officially known as Form 847, grants the agent power of attorney to handle all documents relating to the title and registration of the principal’s vehicle.
Download Word Template
Download PDF
Create Custom Alaska Power of Attorney
Word
PDF
