Attorney Approved Version!

In Mississippi, you can execute a general power of attorney that authorizes your agent to conduct a wide range of activities on your behalf.

These include:

Real estate transactions, e.g., selling or buying property, or contracting for a lease
Stock and bond transactions
Commodities transactions
Banking transactions
Business operation

You can also execute a limited power of attorney, which will enable you to grant the agent a smaller number of powers. For example, you can simply enable the agent to accept insurance payments and deposit them into your bank account. A limited authority like this can be more appropriate if you don’t have many financial transactions to perform, or if you just need someone to take over a few particular duties that are inconveniencing you.

You must exercise caution when choosing an agent. The agent will potentially have a great deal of control over your property, with the abilities to withdraw your money or sell your assets. You must only choose someone you have complete trust in.

New Durable Mississippi POA Law

Sources