If the Principal intends for the Attorney-in-Fact to have the power to Pay and Collect Money, in the manner defined in the first item, then nothing will need to be done. Only the Principal may initial the blank space to withhold the specified matter of Authority from being assigned to the Attorney-in-Fact’s Principal Powers. There will be sixteen items for the Principal or Grantor to review. If there are any subjects of Authority that should be held from the Attorney-in-Fact, the Principal will need to initial the blank space preceding the numbered paragraph defining that power. If left as is, this document will assign all the Powers of Authority to the Attorney-in-Fact named here. The first section “Powers” will provide a list of the types of Authority most commonly assigned to an Attorney-in-Fact by the Principal. ![]() Finally, enter the State where the Attorney-in-Fact resides on the blank line after the words “State of.”Ĥ – The Attorney-in-Fact’s Principal Powers Should Be Clearly Defined The Principal will officially declare the Attorney-in-Fact intended to act with Principal Authority by reporting the Attorney-in-Fact’s Full Name on the space following the phrase “hereby designate.” The Attorney-in-Fact’s Residential Address should be reported on the next blank line by entering his or her Building/House Number, Street Name, Suite Number (if relevant), and County or City. The final required piece of information for this purpose is to enter the State where the Principal’s Address is located on the blank space after “State of.”ģ – The Intended Attorney-in-Fact’s Identity And Fact Must Be Presented First, enter the Principal’s Name on the blank line presented between the word “I” and “the principal…” The next available blank space, labeled “,” should have the Principal’s Residential Building/House Number, Street Name, (if relevant) Suite Number, and County (or City) entered on it. This should be the Address that appears on his or her legal documents and I.D. ![]() The introduction will seek to specify the Identity of The Principal by calling for his or her Address. Use this blank space to enter the Full Name of the Principal.Ģ – The Principal Identity Must Be Properly Specified Signing Requirements ( 755 ILCS 45/3-3): One (1) witness and a notary public.ġ – The Identity Of The Principal Must Be Prominently Displayedįind the blank line immediately below the Title of this form.Authority ( 755 ILCS 45/3-4) – An agent under a power of attorney may act on behalf of the principal and exercise broad authority as granted by the agreement.
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