Iowa power of attorney is for estate and long-term planning, it is important to appoint someone to be able to step into your place and make decisions for you if you cannot make them yourself. This legal device allows you to transfer power over your financial and health care affairs to another person, called an agent. This document is flexible and allows you to assign the agent power to handle much of your business or only a small number of tasks, and you can specify the agreement to end after a particular period or continue indefinitely. You can also revoke it at any time as long as you are competent. Use the Power of Attorney Handbook if you have any questions about specific laws or State Statutes.
Sources
- Handbook – http://publications.iowa.gov/9370/1/POA_BookletUpdate.pdf
- Tax (2848) – https://tax.iowa.gov