Maine General Durable Power of Attorney
General Durable Power of Attorney for Real Estate Located in Maine
This form is formatted under the Maine Uniform Power of Attorney Act.
A durable power of attorney is NOT valid unless it contains these notices
1. Notice to the Principal
2. Notice to the Agent
General Authority can be granted to any or all as defined by Maine POA Statutes.
1. Real Property as defined in Section 5-934
2. Tangible Personal Property as defined in Section 5-935
Stocks and Bonds as defined in Section 5-936
4. Commodities and Options as defined in Section 5-937
5. Banks and Other Financial Institutions as defined in Section 5-938
6. Operation of Entity or Business as defined in Section 5-939
7. Insurance and Annuities as defined in Section 5-940
8. Estates, Trusts, and Other Beneficial Interests as defined in Section 5-941
Specific Authority is optional, can be granted to any or all as defined by 5-931.
(1). Create, amend, revoke or terminate an inter vivos trust;
(2). Make a gift;
(3). Create or change rights of survivorship;
(4). Create or change a beneficiary designation;
(5). Delegate authority granted under the power of attorney;
(6). Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement plan;
1. (Signed by principal; acknowledged.
A power of attorney must be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney. A signature on a power of attorney is presumed to be genuine if the principal acknowledges the signature before a notary public or other individual authorized by law to take acknowledgments. A power of attorney under this Part is not valid unless it is acknowledged before a notary public or other individual authorized by law to take acknowledgments.) 5-905(1). Execution of power of attorney
For use in Maine only.