Kentucky General (Financial) Power of Attorney
A general (financial) power of attorney in Kentucky permits an individual (the principal) to designate another person (the agent) to oversee their financial matters. Unlike a durable power of attorney, a general POA is no longer valid if the principal is deemed mentally incompetent to make decisions independently.
Signing Requirements
Two witnesses and a notary public.
Laws
Durable - A power of attorney is durable unless it expressly provides that it is terminated by the incapacity of the principal[1]
Incapacity - Means the inability of a person to manage their property or business affairs due to an impairment, is missing, detained (incarcerated), or is outside the United States and is unable to return.[2]
Signing Requirements - Must be notarized.[3]
Sources
Notice
The information and templates provided on this website are for general informational purposes only and are not a substitute for professional legal advice. While we strive to offer accurate and up-to-date forms, the legal landscape is complex and varies by jurisdiction. We strongly recommend that you consult with a qualified attorney for specific legal issues or questions. Using our templates does not create an attorney-client relationship, and we are not responsible for any actions taken based on the information provided here.
The Significance of POA
