Create a South Carolina Power of Attorney with our customizable template!
A South Carolina power of attorney is a legal form that provides the authorization for a person, referred to 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. A South Carolina POA is often used for estate planning. However, there are other instances where it is also a very 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 attorney-in-fact.
A South Carolina power of attorney must comply with the Uniform Power of Attorney Act, Title 62, Article 5 of South Carolina’s probate code. These state laws specifically outline the parameters of a legally enforceable power of attorney and ensures that the form, as well as its duties, are protected under the law. Here are some of the state’s power of attorney requirements:
The principal can explicitly state which powers the agent can and cannot use. The principal can also revoke the power of attorney as long as they are competent. This includes durable powers of attorney. Additionally, a power of attorney terminates when:
There are several reasons why someone would use a South Carolina power of attorney form to provide another person with the ability to make decisions related to their personal property, financial institution transactions, tax matters, or their well-being. Some of those reasons include:
Each person’s power of attorney needs can vary. There are several types of power of attorney documents available. Before you choose one, seek legal advice so that you choose the best one to meet your needs. You should also ask how to revoke the POA in the event it becomes necessary for you to do so. Here are the most common South Carolina power of attorney documents used.
General Power of Attorney
A general power of attorney grants an agent broad power to handle matters on behalf of the principal.
Durable Power of Attorney
A durable power of attorney is an "extended version" of a general power of attorney because it goes beyond the parameters of a general power of attorney.
Limited Power of Attorney
A limited power of attorney, also known as a special power of attorney, grants limited power to whatever the principal specifies.
Healthcare (Medical) Power of Attorney
A healthcare (medical) power of attorney gives the agent the ability to make healthcare decisions on the principal's behalf.
Guardian of Minor Child Power of Attorney
A guardian of minor child power of attorney allows a parent or guardian to grant decision-making rights over their child to a temporary guardian in the event that the parent or guardian may not be present during a medical emergency.
Real Estate Power of Attorney
A real estate power of attorney grants power to the agent to buy, sell, and manage real estate on the principal's behalf.
Tax Power of Attorney
A tax power of attorney, officially known in South Carolina as Form SC-2848, allows the agent who is usually a qualified individual such as an accountant, to prepare and submit tax information to the South Carolina Department of Revenue and discuss tax matters on behalf of the principal.
Vehicle Power of Attorney
A vehicle power of attorney allows the agent to buy, sell, and handle the necessary paperwork with the South Carolina Department of Motor Vehicles on the principal's behalf.
Create a South Carolina Power of Attorney in minutes with our professional document builder.
Get Started Now!