跳到主要内容

Formswift: Create an Arkansas power of attorney with our customizable template

Enhance your legal planning with our Arkansas power of attorney template. Safeguard your interests, ensuring smooth decision transitions for healthcare, real estate, and finances.

A person sits using their laptop in a busy public space.
What is an Arkansas power of attorney?

An Arkansas power of attorney (POA) is a legal document that grants someone you trust, typically a family member or a trusted friend, the authority to make decisions and act on your behalf. This appointed person is known as your agent or attorney-in-fact.

Two people sit chatting in front of an open laptop.

Why would you use an Arkansas power of attorney?

Using an Arkansas power of attorney offers numerous benefits, such as the following:

A hand takes out a dated folder from a shelf full of files.

Incapacity panning

The power of attorney plays an essential role in planning for unforeseen circumstances. For example, illness or accident. It ensures that your affairs are properly handled if you become incapacitated.

Two hands connecting two puzzle pieces together.

Convenience

A power of attorney allows your attorney-in-fact to handle important matters on your behalf, saving you time and reducing effort.

A person sits in front of a computer with a green checkmark on its screen.

Expertise in specific areas

A power of attorney also enables you to designate a subject matter expert to act in your best interest, particularly in complex legal or financial matters.

Common types of Arkansas power of attorney

There are a number of types of power of attorney in Arkansas, including:

This type grants broad powers to your agent. It allows them to handle various financial and legal matters on your behalf, like dealing with financial institutions or handling tax matters. It's typically used for a specific period or until revoked.

One hand holding an hourglass.

Unlike a general power of attorney, a durable power of attorney (durable POA) remains in effect even if you become incapacitated. It’s an essential tool in incapacity planning.

A hand using a pass to gain access.

With a limited power of attorney, you can grant specific powers to your agent for a defined period. This is useful when you need someone to handle specific transactions like real estate or a motor vehicle, make medical decisions in your absence, or manage a retirement plan.

A figure seated on a car.

This type of power of attorney gives the attorney-in-fact the power to make medical decisions for you in case you're unable to do so.

A figure browsing through various archived files.
Which laws relate to an Arkansas power of attorney?

The Arkansas Power of Attorney Act (Title 28, Chapter 68), part of Arkansas law, governs the creation, validity, and termination of power of attorney documents. It outlines the requirements and procedures to ensure legal compliance.

A person seated on the ground with a mug in hand, looking at various files around them on the floor.
When is an Arkansas power of attorney terminated according to state law?

In Arkansas, a power of attorney is terminated under the following circumstances:

  • Revocation: You can revoke the power of attorney by written notice to the agent and possible third parties.
  • Incapacity: The power of attorney ends when incapacitated and without a durable POA.
  • Expiration: The power of attorney may specify an expiration date or a triggering event upon which it will terminate.
Hands typing on a laptop at a desk with papers and a notebook.

Frequently asked questions

While you can create an Arkansas power of attorney on your own using legal forms or templates, we advise you consult a law firm or seek legal advice. This will ensure the document meets all legal requirements and reflects your specific needs.

Yes, you can appoint multiple agents in your POA. However, it's important to define their roles and responsibilities to avoid conflicts. Specify each agent's authority clearly.

Yes, you have the right to revoke or modify your Arkansas power of attorney at any time, so long as you’re mentally competent to do so. Notify your agent in writing to ensure they’re aware of the changes.

Yes, a specific type of power of attorney known as a Healthcare power of attorney or Medical power of attorney grants your agent the authority to make healthcare decisions on your behalf.

Looking for other Arkansas documents?

Arkansas bill of sale

Prepare for selling an item with a clear bill of sale.

Arkansas vehicle bill of sale

Create a bill of sale specifically for selling a motor vehicle.

Arkansas promissory note

Set out the terms of a loan, including interest and the repayment schedule.

Arkansas non-disclosure agreement

Protect your business with a formal confidentiality agreement.

Arkansas lease agreement

Protect yourself and your tenant throughout their tenancy.