Free Mississippi Durable Power of Attorney Form

The Mississippi durable power of attorney is a formal legal agreement where a person (known as the “principal”) designates another individual (called the “agent” or “attorney-in-fact”) to oversee their financial matters. This document retains its validity even if the principal loses the ability to make decisions independently due to mental or physical impairments. The durable POA in Mississippi must be properly drafted to comply with state law.

The document grants the agent the authority to handle tasks such as paying bills, managing bank accounts, investing money, handling real estate transactions, and performing other financial actions on behalf of the principal. The “durable” aspect of this power of attorney means that the agent’s power remains in force under circumstances where the principal can no longer act due to incapacity, unlike a non-durable power of attorney, which would automatically end in such situations.

You can also find Mississippi POA forms online to make it easy to designate someone to manage your legal affairs for all of your cases.

mississippi durable financial poa

Create a high-quality Mississippi Durable Power of Attorney Form now!

Build Your Document

Answer a few simple questions to make your document in minutes

Save and Print

Save progress and finish on any device, download and print anytime

Sign and Use

Your valid, lawyer-approved document is ready

... or download your Mississippi Durable Power of Attorney Form as a  PDF file
Create a high-quality Mississippi Durable Power of Attorney Form now!

Mississippi Signing Requirements and Laws

In Mississippi, a durable power of attorney is crucial for ensuring that an individual’s financial and legal affairs can be managed during incapacity. Defined under § 87-3-105 of the Mississippi Annotated Code, a DPOA is a formal written document granting an agent the authority to act on the principal’s behalf. This authority remains unaffected by:

  • The principal’s subsequent disability or incapacity.
  • The lapse of time since the document’s execution.

An authority can also be confirmed by specific phrases in the document, such as, “This power of attorney shall not be affected by subsequent disability or incapacity of the principal” or “This power of attorney shall become effective upon the disability or incapacity of the principal.”

Furthermore, § 87-3-107 confirms that any actions the attorney-in-fact takes while the principal is disabled hold the same legal weight as if the principal were able to make those decisions themselves. Lastly, § 87-3-111 extends the durability of a power of attorney beyond the principal’s death, provided the agent remains unaware of the principal’s passing and acts in good faith. Actions taken under these circumstances are binding on the principal’s successors, ensuring that all decisions are valid and enforceable.

Mississippi Durable Power of Attorney Form Details

Document Name Mississippi Durable Power of Attorney Form
Other Names Mississippi Financial Durable Power of Attorney, MS DPOA
Relevant Laws Mississippi Annotated Code, Section 87-3-105
Signing Requirements Notary Public
Avg. Time to Fill Out 10 minutes
# of Fillable Fields 37
Available Formats Adobe PDF

Steps to Complete the Form

Completing the Mississippi durable power of attorney form with careful attention to each step ensures that your financial matters will be handled according to your wishes, even if you cannot manage them yourself.

1. Principal’s Information

Begin by entering your full name and current address in the designated spaces at the top of the document. This identifies you as the principal granting the powers contained in the form.

2. Designation of Agent

Identify the person appointed as your attorney-in-fact or agent by writing their full name and address. This individual will be authorized to act on your behalf according to the powers you grant.

3. Granting Powers

You must initial next to each specific power you wish to grant your agent. These powers range from real property transactions (A) to tax matters (M). If you prefer to grant all listed powers, simply initial next to option (N), which states “ALL OF THE POWERS LISTED ABOVE,” and ignore the other lines.

4. Special Instructions

If specific powers or limitations are not covered by the standard form you wish to include, detail these under the SPECIAL INSTRUCTIONS section. This field could include additional powers under HIPAA or other specifics regarding your financial management preferences.

5. Effective Date

Choose when you want this power of attorney to become effective. You can select for it to be effective immediately, from a specific future date, or only upon your incapacitation. Initial your choice accordingly.

6. Successor Attorney-in-Fact

If your initially appointed agent is unable or unwilling to serve at any point, you may designate a successor by entering their name and address under the “Successor Attorney-in-Fact” section.

7. Execution of the Document

After filling out all necessary sections of the form, sign and date the document in the presence of a notary public. This formalizes the power of attorney and ensures it is legally binding.

8. Notarization

The final step is to have the form notarized. A notary public must witness your signature and verify your identity. Once notarized, your power of attorney becomes a legally enforceable document.

seal of mississippi state
Other Mississippi Forms
Listed here are various other Mississippi documents filled out by our users. Try our step-by-step builder to customize these forms to your needs.

Download a Free Mississippi Durable Power of Attorney Form

Template Preview
Create a high-quality Mississippi Durable Power of Attorney Form now!
Published: Aug 12, 2024