Free Tennessee Durable Power of Attorney Form

A Durable Power of Attorney Form is an official form that allows an individual or principal to select an agent who can make financial decisions even if the principal is unable to do so independently due to health problems or other problems. A form of this type is created so that the principal is sure that their interests are taken into account even if the principal loses their legal capacity. It should be noted that this form does not give the agent the right to make decisions regarding the health and treatment of the principal. To appoint a health care agent, you need to fill out another form that will empower the health care agent to make decisions about your health care if you find yourself in a situation in which you cannot make decisions. A Durable Power of Attorney Form requires the form to be notarized after signing the form.

As an agent, choose a person who fully trusts their financial affairs because the agent will make decisions on behalf of the principal. The agent will also have access to all of the principal’s financial documents, bank account, and finance in general. The creation of a Durable Power of Attorney Form is recommended for all adult citizens, regardless of health status.

Tennessee power of attorney forms – this section will let you learn more about some other powers of attorney you can use in Tennessee.

tennessee durable financial poa

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Tennessee DPOA Signing Requirements and Laws

In Tennessee, all legal matters concerning the Durable Power of Attorney Form are governed by Title 6 of the Uniform Durable Power of Attorney Act (Chapter 34, Part 1). It provides a legal definition of the Durable POA form that, in turn, defines all the other legal procedures one has to comply with to fill it out and make it valid in the state. We strongly advise that anyone planning to create a Tennessee Durable Power of Attorney Form should carefully read the rules and conditions Chapter 34 contains.

Here are some of the most Important terms used in a Durable Power of Attorney Form (by Section 34-6-103 of the Uniform Act):

  • Durable – this term means that the agent will have the right to make decisions regarding the financial matters of the principal even if the principal is found to be incapacitated
  • Principal – is a person, an individual, who appoints an agent. If you create a Durable Power of Attorney Form and select an agent, it means you are the principal.
  • An agent – is a person chosen by the principal so that, in the event of the principal’s incapacity, the agent can accept, instead of the principal, decisions regarding the principal’s finances.

The original form must be kept by the agent in an easily accessible but safe place.

After signing, the form must be notarized for the form to take effect.

Steps to Complete the Form

If you are already familiar with all the necessary aspects of creating a Durable Power of Attorney Form and are ready to start filling out a form, we recommend that you familiarize yourself with the detailed step-by-step instructions below. Avoid possible mistakes and shortcomings.

1. Download the document

You can download the template of the form from any reliable resource. To ensure the best result, use our form-building software we provide on our website. Choose any format that suits you.

2. Enter principal and agent info

In the first section of the form, you need to enter the principal’s details and then enter the details of the agent chosen by the principal. First, enter the agent’s full legal name and then enter the contact information (phone number, residential address, and email). Enter the principal’s full legal name in the “Principal’s name” column and specify the agent’s essential data. Optionally, you can provide the name and contact information of the second agent in case your agent cannot make decisions for you.

Principal and agent info entering section of Tennessee dpoa form

3. Specify effective date

In this section of the form, you need to determine the date from which the agent will be eligible to use their authority. If you want the agent to have the right to use their powers from the moment of signing the document, you need to indicate this in this section. If you want the agent to have the right to use their powers only if you are found incapacitated, you must also indicate this in this section.Effective date specification part of Tennessee durable power of attorney

4. Approve the delegated rights and to the agent

In this section of the form, the principal must approve all rights assigned to the agent. The principal must put his initials in front of each item with which he agrees. There are 12 of them in total. If the principal wants to give any comments to the delegated powers, the column “special instructions” can be added in the same section. If the Initials of the principal are not matched against any statement from this list, the agent will not be able to use the authority described in this statement.

Delegated rights approving section of a Tennessee durable poa

5. Sign the form

If you agree with all the points and sections of this form, you need to sign your name and then enter your full legal name, address, contact phone number, and email.

The agent and witness must also fill in their full legal name and contact information and put the signature.

Signing part of Tennessee durable power of attorney template

6. Notarize the form

After you, the agent, and the witness sign the form, you need to notarize the form for it to be valid throughout the state. For this, you need to submit the form to the notary, who will fill in all the required fields and put the state seal. After that, the original copy of the form should be kept by the agent in a safe but easily accessible place.

Notarization part of a durable power of attorney for Tennessee

Other Tennessee Forms

Other major Tennessee templates readily available for download on FormsPal and can be modified in our hassle-free document constructor.

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Published: Nov 19, 2020