Most people do not a power of attorney in Kentucky, but in some cases, it can benefit you to get another person to perform financial transactions or make medical decisions on your behalf. To do this, you have to execute one of the following power of attorney documents. This is a legal form that lets you assign authority over your business or health affairs to another person, called an agent. The process is simple in most cases, but requires careful consideration. You must think about precisely which actions you want your agent to perform, how long you want to grant this power, and you must select an agent you have absolute trust in. Both financial and medical forms have durable statements which means that if the principal should suffer from any type of mental condition that impairs their normal everyday thinking, the document remains in effect.
- Durable Statute – http://www.lrc.ky.gov/Statutes/statute.aspx?id=35836
- Tax – http://wikidownload.com/wp-content/uploads/2013/10/kentucky-tax-power-of-attorney.pdf
- Parental POA Over a Child – http://www.jefferson.k12.ky.us/Departments/GeneralCounsel/AOC_Power_of_Attorney.pdf