Florida General Financial Power of Attorney Form

Suppose an individual wants to delegate the right to make financial decisions on their behalf to somebody they trust. In that case, they can use a free Florida general (financial) power of attorney form. The rights covered by a general power of attorney apply to a broad range of decisions, mostly having to do with personal finances and properties, as it follows from the name. A financial power of attorney cannot be used to grant powers related to medical decisions.

The following are several examples of the powers that could be granted by a Florida financial power of attorney:

  • Opening and terminating banking accounts
  • Managing real property
  • Using debit cards, credit cards, and checks
  • Receiving services from financial institutions
  • Transferring money
  • Managing stocks and bonds
  • Renting vaults and safe-deposit boxes

Florida power of attorney – click to see how many other POA forms you can draft for this state.

florida general financial poa

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An individual to whom powers are delegated is typically called “the agent” or “attorney-in-fact” in Florida power of attorney forms. The person who delegates the powers is called “the principal.” Sometimes, the principal may include “a successor agent” into their power of attorney to ensure that if the primary agent is unavailable or unwilling to act, another person can take over and act on behalf of the principal.

A power of attorney will be applied from the effective date that the principal specifies in the form. There are usually two options:

  • Set the date of signing the form as the effective date and make a power of attorney active immediately after signing.
  • Specify a date in the future.

The termination date can also be specified as an actual date in the future. The principal can also state that they wish to terminate the power of attorney if they become incapacitated.

Naturally, as long as the principal can make decisions themselves, they can do it or instruct their attorney-in-fact on what their wishes are. They can also always revoke a power of attorney. The principal should notify the subject businesses and organizations when they revoke their power of attorney.

According to Chapter 709 of the Florida Statutes, two witnesses should be present during the signing of a Florida general (financial) power of attorney form. The form should also be acknowledged by the principal in front of a notary public.

Florida General Power of Attorney Form Details

Document Name Florida General Power of Attorney Form
Other Name Florida Financial Power of Attorney
Relevant Laws Florida Statutes, Sections 709.2101 to 709.2402
Avg. Time to Fill Out 10 minutes
# of Fillable Fields 41
Available Formats Adobe PDF

Filling Out Florida General (Financial) POA Form

Use our form building software to download this printable power of attorney form and follow these steps to achieve the best results.

1. Read the Notice

Read all the information provided to you at the beginning of the document.

2. Provide Your Name and Other Personal Details

State your full name and your residential address.
Step 2 to filling out a florida general power of attorney - personal details

3. Appoint the Agent

Identify the agent by specifying their name and residential address.
Step 3 to filling out a florida general power of attorney form - agent

4. Specify the Powers You Wish to Delegate to the Agent

The form contains a list of powers that you may want to delegate to your attorney-in-fact. Read the list carefully and decide what powers you want to include. The form clearly outlines different options and combinations you can choose.
Step 4 to filling out a florida general poa sample - powers

5. Choose the Date When the POA Becomes Effective

Initial the preferable option.
Step 5 to filling out a florida general power of attorney example - effective date

6. Choose the Termination Date

Initial the termination option that suits your interests the best.
Step 6 to filling out a florida financial power of attorney - termination date

7. Assign a Successor Agent (When Applicable)

If you have decided to designate a successor agent who will take over if your first-choice attorney-in-fact is not available, specify their details (name and residential address) in this section.
Step 7 to filling out a florida general poa template - successor agent

8. Sign and Date the Form

Complete the main part of the form with your signature and the current date.
Step 8 to filling out a florida financial power of attorney sample - signature and date

9. Let a Notary Public Fill Out the Acknowledgement Section

After filling out the form, you need to request an acknowledgment from a notary public.
Step 9 to filling out a florida general power of attorney example - notarization

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Published: Jun 11, 2021