Alaska Power of Attorney Form (General Financial)

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An Alaska general power of attorney is a legal document. It lets you, the principal, name an agent to act for you on financial matters such as banking, real estate, and taxes. This Alaska power of attorney form is valid once you sign it and acknowledge the signature before a notary public.[3.2] It does not cover medical decisions, which belong in an Alaska living will. For narrower authority, see the other Alaska power of attorney forms.

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Alaska Power of Attorney Form Requirements

An Alaska power of attorney is valid if the principal signs it and acknowledges the signature before a notary public or another individual authorized by law to take acknowledgments. If the principal is physically unable to sign, the principal can direct another individual to sign the principal's name in the principal's conscious presence. Alaska Stat. § 13.26.600 sets both rules.[3.2]

Alaska General Power of Attorney Form Details

Document NameAlaska General Power of Attorney Form
Other NameAlaska Financial Power of Attorney
Relevant LawsAlaska Stat. § 13.26.600 and related sections
Avg. Time to Fill Out10 minutes
# of Fillable Fields41
Available FormatsAdobe PDF

The title printed on the form is "Alaska Financial Power of Attorney." It is the same document this page calls the Alaska general power of attorney.

Effective Date Rule

If the principal does not indicate when the document becomes effective, it becomes effective on the date of the principal's signature.[1] The form lets you initial a line to start the document right away, or enter a later date instead.

Agent Acceptance

Unless the power of attorney says otherwise, a person accepts appointment as an agent by exercising authority or performing duties as an agent. Any other assertion or conduct indicating acceptance also counts.[2]

Termination of an Alaska Power of Attorney

Under Alaska's power of attorney revocation law, the document terminates when:

  • the principal dies
  • the principal revokes the power of attorney
  • the purpose of the power of attorney is accomplished
  • the power of attorney provides that it terminates
  • there is an incapacity of the principal, if the power of attorney is not durable
  • the principal revokes the agent's authority, there is an incapacity of the agent, the agent dies, or the agent resigns, and the power of attorney does not provide for another agent to act.[3.1]

Think before you initial the incapacity line in the termination section of the form. A power of attorney that ends on incapacity stops working at the time many people need an agent most. To keep the authority alive after incapacity, use an Alaska durable power of attorney form instead.

Acts Taken in Good Faith

Death or incapacity of the principal does not end the agency for an agent who acts in good faith under it without actual knowledge of the death or incapacity. Action taken this way, unless otherwise invalid or unenforceable, binds the principal and the heirs, devisees, and personal representatives of the principal.[3.1]

Agent Resignation

Unless the power of attorney provides a different method, an agent may resign by giving notice to the principal. If the principal is incapacitated, the agent gives notice to the conservator or guardian, if one has been appointed, and to a coagent or successor agent.[3.1]

If there is no such person, the agent gives notice to the principal's custodian or caregiver. The agent can also notify another person with sufficient interest in the principal's welfare, or a governmental agency with statutory authority to protect the principal's welfare.[3.1]

How to Fill Out the Alaska Power of Attorney Form

The Alaska power of attorney form PDF runs five pages. You name the principal and agent on page 1 and initial the powers on page 2. You choose the effective and termination dates on page 3, then sign and name a successor agent on page 4. The notary acknowledgment is on page 5.

The screenshots under each step show the FormsPal Alaska general power of attorney template filled with sample entries in blue, so you can see where each answer goes. The names, addresses, dates and amounts are examples only.

  1. Principal and agent names and addresses (page 1). Write your name and address as the principal, then the name and address of your agent. The notice at the top warns that the powers are broad and sweeping, so choose someone you trust.
    Alaska general power of attorney: ATTORNEY IF YOU LATER WISH TO DO SO, filled with sample entries
    Step 1: sample entries, not a real document.
  2. Initial powers (A) to (K) (page 2). Initial the line in front of each power you grant, from (A) real property transactions to (K) benefits from government programs. Leave a line blank to withhold that power.
    Alaska general power of attorney: INITIAL, filled with sample entries
    Step 2: sample entries, not a real document.
  3. Lines (L), (M) and (N): retirement, tax, all powers (page 2). Initial (L) for retirement plan transactions and (M) for tax matters if you want your agent to handle them. Initial (N) alone to grant every listed power. The special instructions on pages 2 and 3 cover medical reimbursement claims, retirement accounts, and digital assets.
    Alaska general power of attorney: Initial, filled with sample entries
    Step 3: sample entries, not a real document.
  4. Effective date (page 3). Initial one of two lines. The first starts the document right away. The second starts it on the date you write in the blank.
    Alaska general power of attorney: EFFECTIVE DATE, filled with sample entries
    Step 4: sample entries, not a real document.
  5. Termination: written revocation (page 3). The form asks you to initial one of three termination lines. The first ends the document when you sign a written revocation.
    Alaska general power of attorney: TERMINATION DATE, filled with sample entries
    Step 5: sample entries, not a real document.
  6. Termination on a date or on incapacity (page 3). The second line ends the document on a date you enter. The third ends it when you are determined to be incapacitated. The form defines that as a court finding of incompetence, a court-appointed conservator or guardian, or written statements from two unrelated physicians. A copy of the court order or the physicians' statements is attached to the original.
    Alaska general power of attorney: A WRITTEN REVOCATION, filled with sample entries
    Step 6: sample entries, not a real document.
  7. Successor attorney-in-fact (page 4). Write your agent's name, then the name and address of the alternate agent who takes over if your agent is unable or unwilling to serve. The paragraph about more than one agent is printed text and needs no entry.
    Alaska general power of attorney: Agent's name, Alternate agent's name and more, filled with sample entries
    Step 7: sample entries, not a real document.
  8. Date and sign the form (page 4). Write the day, month, and year on the "Signed this" line, then sign above "(signature)" and print your name below it.
    Alaska general power of attorney: Day, Date and more, filled with sample entries
    Step 8: sample entries, not a real document.
  9. Acknowledgment: county, date and officer (page 5). Enter the county, the date, the officer's name and title, and your name as the person who appears before the officer. The acknowledgment says the officer verifies only your identity, not the truth or validity of the document.
    Alaska general power of attorney: STATE OF ALA SKA, filled with sample entries
    Step 9: sample entries, not a real document.
  10. Notary signature and seal (page 5). The notary public or other officer signs the last line and adds the seal.
    Alaska general power of attorney: Signature, filled with sample entries
    Step 10: sample entries, not a real document.

How to Sign and Use the Alaska Power of Attorney Form

Once the form is filled in, the principal signs and acknowledges the signature before a notary public or another individual authorized by law to take acknowledgments.[3.2] After that, the signed document is ready for your agent, and you can revoke it later if your plans change.

  1. Go to the notary. The acknowledgment on page 5 says the officer verifies the identity of the person who signed, so bring identification.
  2. Give your agent the signed document. An agent accepts the appointment by exercising authority or performing duties as an agent, or by other conduct showing acceptance.[2] Many people also give copies to the banks and other institutions the agent will deal with.
  3. Keep the original safe. Many people store it where the agent can reach it and keep a copy for themselves.
  4. Revoke it when you no longer want it. The principal can revoke a power of attorney.[3.1] Many people also destroy the original and tell the agent and every institution that holds a copy.

Need less than general authority? The Alaska limited power of attorney, minor child power of attorney, and motor vehicle power of attorney forms each cover a single purpose.

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Frequently Asked Questions

How do you get power of attorney in Alaska?

A principal makes a power of attorney by signing it. A principal who is physically unable to sign can direct another individual to sign the principal's name in the principal's conscious presence.[3.2]

Does a power of attorney need to be notarized in Alaska?

Yes. An Alaska power of attorney is valid if the principal acknowledges the signature before a notary public or other individual authorized by law to take acknowledgments.[3.2]

When does an Alaska power of attorney take effect?

If the principal has not indicated when the power of attorney becomes effective, it becomes effective on the date of the principal's signature.[1]

Does a power of attorney end when the principal dies in Alaska?

Yes. A power of attorney terminates when the principal dies.[3.1]

Does an Alaska power of attorney end if the principal becomes incapacitated?

It ends if the principal becomes incapacitated, unless the power of attorney is durable.[3.1]

Can an agent resign from a power of attorney in Alaska?

Yes. Unless the power of attorney provides a different method, an agent may resign by giving notice to the principal.[3.1]

General information, not legal or tax advice.

Sources

Unless noted otherwise, the sources below are from the Alaska Statutes.

  1. Alaska Statutes Alaska Stat. 13.26.660(2).
  2. Alaska Statutes AS 13.26.605.
  3. Alaska Statutes §§ AS 13.26.620; AS 13.26.625 to 13.26.600.
    • 3.1 AS 13.26.620; AS 13.26.625
    • 3.2 § 13.26.600
Mara Erlach
Mara Erlach
Writer & Attorney
Mara has been practicing estate planning and trust law in California since 2003, taking pride in helping clients of all backgrounds and asset profiles form a complete and customized estate plan. Her specialties are: estate planning, wills and trusts, trust and probate administration.