Power of Attorney (Financial) in Maine

A financial power of attorney lets you name an agent to handle money and property for you. Many states have their own statutory form and signing rules (notary, witnesses), and banks often ask for that form. Check your state's rules below; if your state has a statutory form, use it.

What Maine law says

Power of attorney signing rules	Maine adopted the Uniform Power of Attorney Act (18-C M.R.S. Article 5, Part 9). A power of attorney must be signed by the principal (or by someone in the principal's conscious presence at the principal's direction) and, to be valid, must be acknowledged before a notary public or other officer authorized to take acknowledgments. A durable power of attorney is valid only if it contains the statutory 'Notice to the Principal' and 'Notice to the Agent' substantially in the form set out in §5-905. A power of attorney under this Part is durable unless it expressly says it ends when the principal becomes incapacitated (§5-904). Source: 18-C M.R.S. §§5-904, 5-905

Power of attorney signing rules

Maine adopted the Uniform Power of Attorney Act (18-C M.R.S. Article 5, Part 9). A power of attorney must be signed by the principal (or by someone in the principal's conscious presence at the principal's direction) and, to be valid, must be acknowledged before a notary public or other officer authorized to take acknowledgments. A durable power of attorney is valid only if it contains the statutory 'Notice to the Principal' and 'Notice to the Agent' substantially in the form set out in §5-905. A power of attorney under this Part is durable unless it expressly says it ends when the principal becomes incapacitated (§5-904).

Source: 18-C M.R.S. §§5-904, 5-905

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FINANCIAL POWER OF ATTORNEY

I, [principal full name], of [principal address], appoint [agent full name], of [agent address], as my agent.

Successor agent (if my agent cannot serve): [successor agent name and address]

My agent may act for me in these matters: [list the powers you grant, e.g. banking, real estate, taxes, benefits, bills]

Limits or special instructions: [any limits, or 'none']

This power of attorney [continues if I become incapacitated (durable) / ends if I become incapacitated], and takes effect [now / on a date or event].

Signed on [date]. Principal signature: ____________________

[Witness signatures and notary acknowledgment, as your state requires]

Agent's acceptance (if your state requires it): ____________________

Power of Attorney (Financial) for other states · Maine tenant rights

General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.