Special durable power of attorney for bank account matters indiana form
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SPECIAL DURABLE POWER OF ATTORNEY
FOR BANK ACCOUNT MATTERS
STATE OF INDIANA
COUNTY OF ________________________
KNOW ALL MEN BY THESE PRESENTS:
That I, ____________________________________ of ________________________ County,
Indiana, being of sound mind and memory, do hereby make, constitute and appoint
____________________________________ as my true and lawful agent and attorney in fact
(hereinafter sometimes called "my agent"), with full power and authority to act for me,
individually, and in my name, place and stead, with reference to the transaction of any and all
business related to or connected with my bank accounts at ____________________________________
Bank, ____________________________________ (Address), ____________________________________
(City), Indiana, ___________ (Zip Code) hereinafter “Bank”, including, but not limited to, the
following:
1. Making deposits, transfers and withdrawals to or from any of my bank accounts
at Bank.
2. Writing, making and endorsing checks, drafts and other instruments in connection
with my bank accounts at Bank.
3. Opening new checking, savings, money market, certificates of deposit, IRA’s or
other accounts in my name and maintaining same.
4. Approving and authorizing automatic withdrawals from my accounts.
5. Executing signature cards for accounts maintained or opened by my agent in my
name.
6. Performing any and all other matters relating to, or in connection with, my bank
accounts at Bank.
I direct that the above-related powers and authority of my said agent shall be so
exercisable and effective regardless of the fact that I may be mentally or physically incapacitated
or incapable of understanding or unable to express myself or act in my own behalf at the time of
any action on my behalf by said agent. Such incapacity, whether mental or physical, that I may
exhibit shall not in any way interfere with the authority of my agent herein to act fully on my
behalf according to the terms hereof. In other words, this Power of Attorney shall not be
affected by the subsequent disability, incompetence or incapacity of the principal.
And I do hereby undertake to ratify and confirm, all and singular, the acts heretofore
performed and to be hereinafter performed by my said agents, acting in my name and on my
behalf.
Bank shall honor this Power of Attorney until and unless Bank receives written notice of
revocation of same signed by me. Bank is hereby indemnified and shall be held harmless by the
undersigned for any and all actions taken by my agent regarding my accounts at Bank, regardless
of whether within the intended scope of this Power of Attorney or not; therefore, Bank shall
have no liability for the actions of my agent or for following the directions of my agent in
connection with my bank accounts at Bank.
IN WITNESS WHEREFORE, I have executed this Special Power of Attorney on this the _____
day of ________________________ , 20 _____ .
_________________________________________
PRINCIPAL
______________________
Witness
______________________
Witness
ATTESTATION
The hereinafter named Witnesses, each declare under penalty of perjury under the laws
of the State of Indiana, that the principal is personally known to us, that the principal signed and
acknowledged this special power of attorney in our presence, that the principal appears to be of
sound mind and under no duress, fraud or undue influence, that we are not the person appointed
as attorney-in-fact by this document and that we witnessed this power of attorney in the presence
of the principal. We are not related to the principal by blood, marriage or adoption, and to the
best of our knowledge, are not entitled to any part of the estate of the principal upon the death of
the principal under a will now existing or by operation of law.
WITNESSES:
______________________________
Signature
Print Name: ___________________________
Address: ______________________________
City: ________________ State: ___________
Zip: __________ WITNESSES:
______________________________
Signature
Print Name: ___________________________
Address: ______________________________
City: ________________ State: ___________
Zip: __________
STATE OF INDIANA
COUNTY OF ________________
Before me, the undersigned, a Notary Public, in and for said County and State, this
_______ day of ________________ , 20 _____ , personally appeared
___________________________ , said person being over the age of 18 years, and acknowledged
the execution of the foregoing instrument.
___________________________
Notary Public
\ Print Name: ___________________________
My commission expires:
___________________________
Principal Name and Address Attorney-in-Fact Name and Address
Name: Name:
Address: Address:
City: City:
State: Zip: State: Zip:
Phone: Phone:
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A Special Durable Power Of Attorney For Bank Account Matters in Indiana allows a designated agent to manage specific bank account transactions on behalf of the principal. This legal document remains effective even if the principal becomes incapacitated, ensuring seamless financial management. It's essential to draft this document accurately to avoid any potential legal complications.
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A Special Durable Power Of Attorney For Bank Account Matters in Indiana provides numerous benefits, including ensuring that your financial affairs are managed according to your wishes even when you're unable to do so. It also helps streamline banking transactions and avoids potential delays or complications in accessing funds.
Yes, you can revoke a Special Durable Power Of Attorney For Bank Account Matters in Indiana at any time as long as you are competent. This revocation must be documented in writing and communicated to all parties involved, including your bank. airSlate SignNow makes it easy to create a revocation document if needed.
Yes, to create a valid Special Durable Power Of Attorney For Bank Account Matters in Indiana, certain requirements must be met, including the principal's signature, the agent's acceptance, and notarization. airSlate SignNow provides guidance and templates that ensure compliance with Indiana's legal requirements.
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