An Indiana power of attorney is a legal document that gives someone (the “agent”) the authority to make important financial or medical decisions for you (the “principal”) if you need help managing your affairs or become incapacitated due to injury or illness. The agent has a fiduciary duty to act in your best financial interest and in accordance with your wishes.
Signing Requirements: The power of attorney must be signed in the presence of a notary public or at least two witnesses (Ind. Code § 30-5-4-1).
Provides an agent with the broad authority to act on the principal’s behalf in predominantly financial matters.
Signing Requirements: Notary public or before witnesses.
Offers legal guidance to your caregivers on how to proceed with your medical care.
Signing Requirements: Notary public or two witnesses (Ind. Code § 16-36-7-28).
Ensures the validity of your document even if you lose the capacity to make your own decisions.
Signing Requirements: Notary public or before witnesses.
Gives a third party certain limited powers to manage your affairs.
Signing Requirements: Notary public or before witnesses.
Comes into effect at a future time and only when a specific event occurs, such as the incapacitation of the principal.
Signing Requirements: Notary public or before witnesses.
The agent may execute vehicle-related transactions such as transfer of ownership on behalf of the principal.
Signing Requirements: Notary public.
Grants an individual or entity you appoint the legal capacity to file taxes and manage other tax issues on your behalf.
Signing Requirements: Taxpayer.
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Use this document to authorize an agent to handle real estate matters.
Signing Requirements: Notary public or two witnesses.
Use this form to delegate parental responsibilities for up to 12 months.
Signing Requirements: Notary public.
Use to to cancel the authority previously granted to an agent.
Signing Requirements: Notary public (recommended).
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The document above is a sample. Please note that the language you see here may change depending on your answers to the document questionnaire.
