Statutory Power of Attorney Form - Maryland

Statutory Power of Attorney Form - Maryland

A Maryland Statutory Power of Attorney Form is a legal document that provides official permission for an agent to act on behalf of a principal and manage their finances. This means that the agent gains rights to make certain financial decisions relating to the person under question - even in the case that the principal is deemed unfit to do this themselves. The selected agent needs to be reliable and after signing the form, it needs to be safely stored away ready to be retrieved at any time that it may be needed.

In Maryland, there is a legal requirement for the principal to sign in front of the notary during the formation of a Maryland Statutory Power of Attorney. It would also require at least two witnesses. If this is not done, the document will hold no legal power and will be considered invalid. This is why we recommend you explore all of the fine details, including information concerning the two witnesses.


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