In order to make sure your POA is fully valid upon completion and signing, you must make sure that you follow the right steps to prepare your IN Power of Attorney document before successfully putting it into action.
To do this you will need to meet the following criteria:
Make sure all the details on the form are correct such as names, addresses, dates, and the powers that are to be granted.
The completed form should be signed by both the Agent and Principal.
It is essential that the signing of the document is viewed by 2 witnesses or a notary public.
A notary public must also be present at the signing to notarize the document.
In the event that the POA will be used to manage real estate, the document must be filed with the clerk of the county where the property is located.
For more specific information on IN Power of Attorney signing requirements, check the Indiana code.
In addition to these steps, it is crucial that all the signing parties are legally able to enter into this agreement. This means that they must:
Lastly, the Agent must be a legal adult or a financial institution with trust powers, a registered place of business within the state and that has the authority to carry out trust business in Indiana. They should also be someone that the Principal has full confidence in.