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How to write your Durable Power of Attorney Agreement

We include this 2 page template with Human Resources Contract Pack and the Proposal Kit Professional. You will get more content and software automation for data merging, managing client documents, and creating proposals with line item quoting with a Contract Pack or the Professional.

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Use the Durable Power of Attorney Agreement to ensure a third-party has the legal rights to perform tasks needed to keep an operation running. This is common in partnerships and situations involving joint right of survivorship or stranding of assets or access to accounts that are business critical.
Document Length: 2 Pages
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1. Get Human Resources Contract Pack or the single template that includes this business contract document.

We include this Durable Power of Attorney Agreement in editable Word format that can be customized using your office software.

2. Download and install after ordering.

Once you have ordered and downloaded your template or pack, you will have all the content you need to get started.

3. Customize the contract template with your information.

You can customize the contract document as much as you need. If you get a Contract Pack or Professional Bundle, you can also use the included Wizard software to automate name/address data merging.

Durable Power of Attorney Agreement

How do you write a Durable Power of Attorney Agreement document?

I, First Last, the undersigned, residing at Address do hereby appoint Designated Agent Name ("Designated Agent") of Designated Agent’s Full Address as my attorney in fact to handle all of my obligations and duties that I handle on a daily basis. Designated Agent Name is hereby granted the power of delegation and substitution in regard to the administration of my obligations and duties. This Durable Power of Attorney shall become effective on the date below and shall remain in effect until my death.

This Durable Power of Attorney may be rescinded by either party by providing written notice to both the undersigned and the Designated Agent. I hereby revoke, as of the date on this agreement, all previous powers of attorney in existence, except for any Health Care Directive(s), which shall remain in full force. Once executed by all listed parties and notarized, this document shall be interpreted as my durable power of attorney and my authorization for my Designated Agent to have the full power and authority to act on my behalf as it relates to all of my property and affairs. In addition to the above powers and duties, I also wish my Designated Agent to make provisions for the following property and affairs.

Insert additional actions to be taken on behalf of the undersigned. I do hereby indemnify and hold harmless the person acting as my Designated Agent from and against any and all claims, judgments, awards, costs, expenses, damages and liabilities (including reasonable attorney fees) of whatsoever kind and nature that may be asserted, granted or imposed against Designated Agent directly or indirectly arising from or in connection with the execution of this Durable Power of Attorney as well as any error or omission made in good faith by my Designated Agent while carrying out such duties. Designated Agent shall not be held responsible for delay or failure in performance hereunder caused by acts of third parties, nature, strikes, embargoes, fires, war or other causes beyond Designated Agent’s reasonable control. If any provision of this agreement is held to be unenforceable, the enforceability of the remaining provisions shall in no way be affected or impaired thereby.

This agreement and any disputes arising hereunder shall be governed by the laws of State, without regard to conflicts of law principles. A failure by any party to exercise or delay in exercising a right or power conferred upon it in this agreement shall not operate as a waiver of any such right or power. Designated Agent shall be compensated for his/her services at a rate or as determined by law, and shall be reimbursed for all expenses deemed ordinary and necessary that are incurred during the execution of any duties as my Designated Agent.

Each party represents and warrants that, on the date first written above, they are authorized to enter into this Agreement in entirety and duly bind their respective principals by their signature below:

This document was acknowledged before me on this Current Day day of Current Month, Current Year by Insert Designated Agent Name (Notary's full legal name).

The complete Durable Power of Attorney Agreement - with the actual formatting and layout - is available as a single template or as part of a library of related templates in a Contract Pack or the Professional Bundle.
Durable Power of Attorney Agreement
Product name:
Durable Power of Attorney Agreement
Produced by:
Proposal Kit
Category:
Software › Computer Software › Business & Productivity Software
Price:
$19 USD
Code:
CT-332
 
 
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Related documents may be used in conjunction with this document depending on your situation. Many related documents are intended for use as part of a contract management system.

Related Documents:

Key Takeaways

  • The Durable Power of Attorney Agreement is available as a ready-to-edit template.
  • The Contract Packs and Professional Bundle include many related agreements and documents.
  • You can automate financials and data merging into contracts using a Contract Pack or Professional Bundle.
  • You can also create business proposals and integrate your contracts using the Professional Bundle.
  • There are no ongoing subscription fees. You get lifetime unlimited use.
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Disclaimers

Proposal Kit, Inc. makes no warranty and accepts no responsibility for the suitability of any materials to the licensee's business. Proposal Kit, Inc. assumes no responsibility or liability for errors or inaccuracies. Licensee accepts all responsibility for the results obtained. The information included is not legal advice. Names in use cases have been fictionalized. Your use of the Durable Power of Attorney Agreement template and any purchased packages constitutes acceptance and understanding of these disclaimers and terms and conditions.

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