![]() If the Nevada Attorney-in-Fact and the First Successor Agent are unavailable, then the Second Successor Agent identified by name, address, and phone number in this document will be considered eligible for the Attorney-in-Fact appointment. If this happens, the First Alternative Agent to the Attorney-in-Fact can be approached to immediately assume the powers the Principal intends to convey through this Nevada appointment. He or she will not be able to assume or wield any of the principal authority in this document unless the Attorney-in-Fact discontinues his or her representation of the Principal, has had his or her principal authority revoked, or is unable to function effectively in this capacity. A Nevada Alternate Agent to the Attorney-in-Fact acts as a reserve Agent. In addition to granting an Attorney-in-Fact of the Principal’s choosing with the authority needed to represent him or her, this document allows for Alternate Agents to be named. The address and phone number of the Attorney-in-Fact is needed. The Agent that the Principal intends to name as holding some or all of his financial powers should be named as the Nevada Attorney-in-Fact. This is the Nevada Party who shall designate some or all of the authority over his or her affairs to a predetermined Agent. The first middle and last name of the Principal issuing this document must introduce the declaration statement. The Nevada State Legislature has provided a sample statutory form available at NRS 162A.620. The principal must sign in front of a notary public ( NRS 162A.220(1)). “Power of attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term “power of attorney” is used ( NRS 162A.090). “Durable,” with respect to a power of attorney, means not terminated by the principal’s incapacity ( NRS 162A.040). ![]() Versions (2)Ĭhapter 162A (POWER OF ATTORNEY FOR FINANCIAL MATTERS AND DURABLE POWER OF ATTORNEY FOR HEALTH CARE DECISIONS) Definition of “Durable” ![]() The statutory form allows for limited or unrestricted financial powers that remain in effect even if the principal should become incapacitated. The form allows the person granting authority (“principal”) to choose someone else (“agent”) to have the same powers as if they were acting themselves. A Nevada durable statutory power of attorney form allows a person to choose someone else to handle their financial decisions and affairs. ![]()
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