Power of Attorney (Financial) in Michigan

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 Michigan law says

Power of attorney signing rules	Under Michigan's power of attorney act (2023 PA 187), a power of attorney must be signed by the principal, or by another person in the principal's conscious presence at the principal's direction. For a power signed by the principal to be durable, it must either be acknowledged before a notary public (or other person authorized to take acknowledgments) or be signed in the presence of two witnesses who also sign; an agent named in the power may not be a witness, and one witness may also be the notary. If someone else signs for the principal, two witnesses are required even if it is notarized. A signature acknowledged before a notary is presumed genuine. Source: MCL 556.205

Power of attorney signing rules

Under Michigan's power of attorney act (2023 PA 187), a power of attorney must be signed by the principal, or by another person in the principal's conscious presence at the principal's direction. For a power signed by the principal to be durable, it must either be acknowledged before a notary public (or other person authorized to take acknowledgments) or be signed in the presence of two witnesses who also sign; an agent named in the power may not be a witness, and one witness may also be the notary. If someone else signs for the principal, two witnesses are required even if it is notarized. A signature acknowledged before a notary is presumed genuine.

Source: MCL 556.205

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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 · Michigan 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.