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Alaska Power of Attorney Forms

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Alaska Power of Attorney is a document that can be written and modified for a person to be able to set their future rights and decisions to be made by another person for medical or financial needs. The document must be written in pursuant with the Alaska Statutes () and be notarized (if applicable) after it has been completed. All power of attorney documents in Alaska are to be held by the people involved and is not filed with any government office. The form is to be shown every time it is to be used by the appointed representative.

Types

Durable Power of Attorney – Solely for the use of financial representation of an individual or business. The document remains in effect if and when the principal should become in a mental state of incapacitation.

General Power of Attorney – Used by a principal to select someone else to handle their personal monetary or business decisions, although unlike the durable, does not remain in effect of the principal should become incapacitated.

Limited Power of Attorney – A principal that would like the agent to make decisions, conduct, or manage a clearly defined monetary related act.

Medical Power of Attorney (Advance Health Care Directive) – To elect an agent to handle any type of health care related decision in the chance that the principal may not be able to do so on their own.

Minor Children Power of Attorney (PG-700) – A parent may have another person handle the responsibility of their children with this form for a period of up to one (1) year.

Real Estate Power of Attorney – Elect another person to sell, manage, or have the power to refinance the premises.

Revocation of a Power of Attorney – To cancel a presently valid power of attorney form.

Tax Power of Attorney (775 POA) – Used by a filer to have someone else, usually a certified public accountant (CPA), to handle all their tax preparation needs with the Department of Revenue.

Vehicle Power of Attorney (Form 847) – Used by an owner of a vehicle to choose someone else to sign any and all documents relating to title and registration for the following vehicle.

How to Write

1 – Selecting the File Type

You may obtain the necessary paperwork directly from this page. You should make sure that you have the appropriate program if you wish to enter this information on the screen. For instance, you may enter information into a PDF file, if you have a program that will edit such files. Select the file type you prefer using the buttons under the image on this page.

2 – Defining the Principal and Agent

When ready, locate the space labeled “Name of principal” in the first statement. The Principal (individual giving Authority) must have his or her Name provided. On the blank space, “Address of principal,” report the Principal’s Street Address. This should be a complete report that includes the Building Number, Street, City, State, and Zip Code where the Principal is known to be located.On the blank space following the term “do hereby appoint,” present the Full Name of the designated Agent. This is the individual who shall receive Authority over the Principal Matters defined later. Also, on this same line, document the Agent’s Complete Address.

3 – Transferring Authority

Section 2 will have a checklist of matters that may apply to the Principal. The General Authority given to this Agent will be limited by the statements that are Initialed and Crossed Out. That is, a horizontal line should be drawn from the first word of the statement to the last word of the statement.

If the Principal does not wish to bestow Authority concerning matters in Real Estate, then he or she must Initial the blank line preceding Item (A) then strike through the statement “Real estate transactions” with a horizontal line.

If the Principal intends to retain Authority in matters regarding “tangible personal property, chattels, and goods” then, he or she must Initial Item (B) and strike through the following statement.

If the Principal wants to keep the Authority in such matters as “Bonds, shares, and commodities transactions,” then he or she should Initial Item (C) then strike through the corresponding statement.

Should the Principal intend to remain in Authority when it comes to “Banking transactions,” then he or she must Initial Item (D) and draw a line through the appropriate statement.Should the Principal decide to retain Authority over his or her “Business Operating Transactions,” then this party’s Initials must be supplied in Item (E) and the corresponding sentence must be crossed out.

If the Principal does not wish to release Authority over “Insurance transactions,” then have the Principal supply his or her Initials in Item (F). The statement immediately following “(F)” must be crossed out with a line.

If the Principal has decided it will be in his or her best interest to retain Power over “Estate transactions,” then he or she must Initial Item (G) and use a horizontal line to strike through this statement.

In the event the Principal has decided to retain Power and Authority over all “Gift transactions,” then his or her initials must be presented in Item (H) and the statement crossed through with a horizontal line.

Should the Principal decide to not release Authority regarding “Claims and litigation” then he or she must Initial Item (I) and the appropriate sentence must have a strikethrough.

If the Principal will not relinquish Authority over his or her “Personal relationships and affairs,” then Item (J) must be initialed and the statement crossed out.

In a case where the Principal will retain Authority regarding “Benefits from government programs and military service, then Item (K) must have the Principal’s Initials and the statement must have a horizontal line struck through it.

Where the Principal will not release Authority over “Records, reports, and statements,” then he or she must Initial Item (M) and produce a horizontal line across the statement it precedes.

If the Principal intends to retain Powers of “Delegation,” then Item (N) must bear his or her Initials and the sentence defining it must have a straight horizontal line drawn through it.

If the Principal wished to remain in Authority over matters not defined in this list, then he or she must Initial Item (O) and the Matters the Principal will remain in Power over must be perfectly described.

4 – Define Interaction Between Agents

Locate Section 3. If the Principal has named more than one Agent and intends that each exercise their powers without conferring with each other then check the blank line preceding the words “Each agent may…” However, if these Agents may only exercise their powers after consulting each other, then check the blank line preceding the words “All agents shall….”

5 – Option to Approve Durable Power

Locate Section 4. Here, you must indicate if this document goes into effect upon the Principal Signing it or if it goes into effect when the Principal is rendered disabled. If the Principal wishes this paperwork to go into effect upon signing, mark the first blank line. If the Principal wishes this paperwork to only go into effect if (or when) the Principal is rendered disabled, then mark the second blank line.

Section 5 will apply if this document is to become in effect upon Signing and has been documented as the case in the previous section. Make sure there is a “Yes,” by the first statement.

Section 6 is conditional. If this is document has a lifespan. That is, if it becomes null and void within a certain amount of time, then locate the blank space following the phrase “…in effect for” then report the Number of Years and Months from the Date of Signing the Power of Attorney shall be considered valid. If this is a Durable Power of Attorney, do not list an Expiration Date for the Agent’s Authority and skip this section.

6 – Provisions

If the Principal has executed a (separate) Alaska Advance Health Care Directive, then mark the first blank line in Section 8. If this is not the case, then mark the second blank line in Section 8.

7 – Assigning Alternate Agents

Section 9 will provide an opportunity for the Principal to name two Alternate or Successive Agents. An individual listed here will be able (and expected to) assume the Authority granted to the Original Agent in this document should he or she be unable to carry out the responsibility they have assumed. You may Name two Successor Agents. Enter the Full Name and Address of the First Successive Agent on the blank line following the phrase “First alternate…”

Use the blank line following the words “Second alternate…” to report the Name and Complete Address of the second Successor Agent.

8 – Certifying this Document

Section 10 has been provided to verify the intentions of the Principal. This document must be Signed by the Principal and Notarized.

To begin, locate the line beginning with the words “In Witness Whereof…” Here the Principal must use the three blank spaces provided to report the Calendar Date of the Signature.

Below this, the Principal must Sign his or her Name on the blank line labeled “Signature of principal”

The area beginning with “State of Alaska,” will only be accepted if it is filled out and stamped by the Notary Public at the time of Signing.

If this document had to be translated, the Translator’s Name must be reported on the blank space in the “Translation Clause” statement. The Translator Must Sign his or her Name on the blank line labeled “Translator.”



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