[{"data":1,"prerenderedAt":532},["ShallowReactive",2],{"document-general-power-of-attorney-D1037":3},{"document":4,"label":23,"preview":11,"thumb":24,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":25,"breadcrumb":29,"related":35,"customDescModule":184,"customdescription":6,"mdFm":185,"mdProseHtml":531},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":15,"keywords":22},"GENERAL POWER OF ATTORNEY This General Power of Attorney (the \"Agreement\") is made and effective [DATE], BETWEEN: [ATTORNEY NAME] (the \"Attorney\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Client\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] TERMS KNOW ALL MEN BY THESE PRESENTS, that this Power of Attorney is given by Client to Attorney and that the Client hereby appoints Attorney to be its attorney and to do in its name and on its behalf anything that the Client can lawfully do by an attorney, including but not limited to; To ask, demand, sue for, recover, collect, and receive all sums of money, debts, dues, accounts, legacies, bequests, interest, dividends, annuities, and demands of every type that are now or may later become due, owing, payable or belonging to Client and have, use, and take all lawful ways and means in Client's name or otherwise for the recovery thereof, by attachments, arrest, distress, or otherwise, and to compromise and agree for them and acquaintances or other sufficient discharges for them; For Client and in its name, to make, seal, and deliver, to bargain, contract, agree for, purchase, receive, and take lands, and tenements, and accept the possession of all lands, and all deeds and other assurances, in the law therefore, and to lease, let, demise, bargain, sell, release, convey, mortgage, and hypothecate lands, and tenements on the terms and conditions and under the covenants as Attorney thinks fit;",null,"General Power of Attorney","3",36,"doc","https://templates.business-in-a-box.com/imgs/1000px/general-power-of-attorney-D1037.png","https://templates.business-in-a-box.com/imgs/250px/1037.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1037.xml",{"title":6,"description":6},[16,19],{"label":17,"url":18},"Legal Agreements","/templates/business-legal-agreements/",{"label":20,"url":21},"Power of Attorney","/templates/power-of-attorney/","general power attorney","General Power of Attorney Template","https://templates.business-in-a-box.com/imgs/400px/1037.png",[26,16,19],{"label":27,"url":28},"Templates","/templates/",[30,31,32],{"label":27,"url":28},{"label":17,"url":18},{"label":33,"url":34},"Personal & Estate 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Agreement","/template/power-purchase-agreement-D12873","https://templates.business-in-a-box.com/imgs/250px/12873.png",{"label":77,"url":78,"thumb":79,"extension":80},"General Ledger","/template/general-ledger-D12609","https://templates.business-in-a-box.com/imgs/250px/12609.png","xls",{"label":82,"url":83,"thumb":84,"extension":10},"General By-Laws","/template/general-by-laws-D1008","https://templates.business-in-a-box.com/imgs/250px/1008.png",{"description":86,"descriptionCustom":6,"label":87,"pages":88,"size":89,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":95,"keywords":104,"url":105},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: CERTIFICATE OF CORPORATE RESOLUTION Dear [Contact name], I, [NAME], secretary of [YOUR Company NAME], do hereby certify that at a duly constituted meeting of the [Directors and/or Stockholders] of the Corporation held at [Place] on [Date], it was upon motion duly made and seconded, that it be VOTED: That [Describe approved corporate action] ","Certificate of Corporate Resolution","1",513,"https://templates.business-in-a-box.com/imgs/1000px/certificate-of-corporate-resolution-D3.png","https://templates.business-in-a-box.com/imgs/250px/3.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#3.xml",{"title":94,"description":6},"certificate of corporate resolution",[96,99,102],{"label":97,"url":98},"Business Plan Kit","business-plan-kit",{"label":100,"url":101},"Board of Directors","board-of-directors",{"label":17,"url":103},"business-legal-agreements","certificate corporate resolution","/template/certificate-of-corporate-resolution-D3",{"description":107,"descriptionCustom":6,"label":108,"pages":8,"size":89,"extension":10,"preview":109,"thumb":110,"svgFrame":111,"seoMetadata":112,"parents":114,"keywords":113,"url":119},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":113,"description":6},"non disclosure agreement nda",[115,116],{"label":17,"url":103},{"label":117,"url":118},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":121,"descriptionCustom":6,"label":122,"pages":123,"size":124,"extension":10,"preview":125,"thumb":126,"svgFrame":127,"seoMetadata":128,"parents":129,"keywords":133,"url":134},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[130],{"label":131,"url":132},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":136,"descriptionCustom":6,"label":137,"pages":138,"size":139,"extension":10,"preview":140,"thumb":141,"svgFrame":142,"seoMetadata":143,"parents":144,"keywords":152,"url":153},"EMPLOYMENT AGREEMENT FOR AN EXECUTIVE This Employment Agreement for an Executive (the \"Agreement\") is made and effective this [Date], BETWEEN: [EXECUTIVE NAME] (the \"Executive\"), an individual with his main address at: AND: [COMPANY NAME] (the \"Company\"), an entity organized and existing under the laws of the [STATE/PROVINCE], with its head office located at: Recitals In consideration of the covenants and agreements herein contained and the moneys to be paid hereunder, the Company hereby employs the Executive and the Executive hereby agrees to perform services as an Executive of the Company, upon the following terms and conditions: TERM The Company hereby employs Executive to serve as [position] and to serve in such additional or different position or positions as the Company may determine in its sole discretion. The term of employment shall be for a period of [NUMBER] years (\"Employment Period\") to commence on [DATE], unless earlier terminated as set forth herein. The effective date of this Agreement shall be the date first set forth above, and it shall continue in effect until the earlier of: The effective date of any subsequent employment agreement between the Company and the Executive; The effective date of any termination of employment as provided elsewhere herein; or [NUMBER] year(s) from the effective date hereof, provided, that this Employment Agreement shall automatically renew for successive periods of [NUMBER] years each unless either party gives written notice to other that it does not wish to automatically renew this Agreement, which written notice must be received by the other party no less than [NUMBER] days and no more than [NUMBER] days prior to the expiration of the applicable term. Duties and Responsibilities Executive will be reporting to [IDENTIFY]. Within the limitations established by the By-laws of the Company, the Executive shall have each and all of the duties and responsibilities of that position and such other or different duties on behalf of the Company, as may be assigned from time to time by [identify what person or body may assign additional responsibilities]. Location The initial principal location at which Executive shall perform services for the Company shall be [location]. Acceptance of Employment Executive accepts employment with the Company upon the terms set forth above and agrees to devote all Executive's time, energy and ability to the interests of the Company, and to perform Executive's duties in an efficient, trustworthy and business-like manner. Devotion of Time to Employment The Executive shall devote the Executive's best efforts and substantially all of the Executive's working time to performing the duties on behalf of the Company. The Executive shall provide services during the normal business hours of the Company as determined by the Company. Reasonable amounts of time may be allotted to personal or outside business, charitable and professional activities and shall not constitute a violation of this Agreement provided such activities do not materially interfere with the services required to be rendered hereunder. QUALIFICATIONS The Executive shall, as a condition of this Agreement, satisfy all of the qualification that are reasonably and in good faith established by the Board of Directors. Compensation Base Salary Executive shall be paid a base salary (\"Base Salary\") at the annual rate of [salary], payable in bi-weekly installments consistent with Company's payroll practices. The annual Base Salary shall be reviewed on or before [DATE] of each year, unless Executive's employment hereunder shall have been terminated earlier pursuant to this Agreement, starting on [agreed upon date] by the Board of Directors of the Company to determine if such Base Salary should be increased for the following year in recognition of services to the Company. In consideration of the services under this Agreement, Executive shall be paid the aggregate of basic compensation, bonus and benefits as hereinafter set forth. Payment Payment of all compensation to Executive hereunder shall be made in accordance with the relevant Company policies in effect from time to time, including normal payroll practices. Bonus From time to time, the Company may pay to Executive a bonus out of net revenues of the Company. Payment of any bonus compensation shall be at the sole discretion of the Board of Directors or the Executive committee of the Board of Directors and the Executive shall have no entitlement to such amount absent a decision by the Company as aforesaid to make such bonus compensation. Executive shall also be entitled to a bonus determined as follows: [DESCRIBE] Benefits The Company shall provide Executive with such benefits as are provided to other senior management Of the Company. Benefits shall include at a minimum (i) paid vacation of [NUMBER] days per year, at such times as approved by the Board of Directors, (ii) health insurance coverage under the same terms as offered to other Executives of the Company, (iii) retirement and profit sharing programs as offered to other Executives of the Company, (iv) paid holidays as per the Company's policies, and (v) such other benefits and perquisites as are approved by the Board of Directors. The Company has the right to modify conditions of participation, terminate any benefit, or change insurance plans and other providers of such benefits in its sole discretion. The Executive shall be reimbursed for out of pocket expenses that are pre-approved by the Company, subject to the Company's policies and procedures therefore, and only for such items that are a necessary and integral part of the Executive's job functions. NonDeductible Compensation In the event a deduction shall be disallowed by the Internal Revenue Service or a court of competent jurisdiction for federal income tax purposes for all or any part of the payment made to Executive by the Company or any other shareholder or Executive of the Company, shall be required by the Internal Revenue Service to pay a deficiency on account of such disallowance, then Executive shall repay to the Company or such other individual required to make such payment, an amount equal to the tax imposed on the disallowed portion of such payment, plus any and all interest and penalties paid with respect thereto. The Company or other party required to make payment shall not be required to defend any proposed disallowance or other action by the Internal Revenue Service or any other state, federal, or local taxing authorities. Withholding All sums payable to Executive under this Agreement will be reduced by all federal, state, local, and other withholdings and similar taxes and payments required by applicable law. Other Employment Benefits Business Expenses Upon submission of itemized expense statements in the manner specified by the Company, Executive shall be entitled to reimbursement for reasonable travel and other reasonable business expenses duly incurred by Executive in the performance of his duties under this Agreement. Benefit Plans Executive shall be entitled to participate in the Company's medical and dental plans, life and disability insurance plans and retirement plans pursuant to their terms and conditions. Executive shall be entitled to participate in any other benefit plan offered by the Company to its Executives during the term of this Agreement (other than stock option or stock incentive plans, which are governed by Section 3(d) below). Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any Executive benefit plan or program from time to time. Vacation Executive shall be entitled to [agreed upon number of time] weeks of vacation each year of full employment, exclusive of legal holidays, as long as the scheduling of Executive's vacation does not interfere with the Company's normal business operations.","Employment Agreement Executive","12",97,"https://templates.business-in-a-box.com/imgs/1000px/employment-agreement_executive-D543.png","https://templates.business-in-a-box.com/imgs/250px/543.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#543.xml",{"title":6,"description":6},[145,148,151],{"label":146,"url":147},"Human Resources","human-resources",{"label":149,"url":150},"Hire an Employee","hire-employee",{"label":17,"url":103},"employment agreement executive","/template/employment-agreement-executive-D543",{"description":155,"descriptionCustom":6,"label":156,"pages":157,"size":89,"extension":10,"preview":158,"thumb":159,"svgFrame":160,"seoMetadata":161,"parents":163,"keywords":168,"url":169},"LAST WILL AND TESTAMENT OF [YOUR NAME] I, [YOUR NAME], a resident of [CITY, PROVINCE OR STATE], hereby declare that this is my last will and testament and that I hereby revoke, cancel and annul all wills and codicils previously made by me either jointly or severally. I declare that I am of legal age to make this will and of sound mind and that this last will and testament expresses my wishes without undue influence or duress. ARTICLE I IDENTIFICATION OF FAMILY I am married to [SPOUSE'S NAME] and all references in this Will to \"my spouse\" are references to [SPOUSE'S NAME]. I have the following children, biological or adopted. The names of my children are [NAME OF CHILD] and [NAME OF CHILD]. All references in this Will to \"my children\" are references to the above-named children. ARTICLE II APPOINTMENT OF EXECUTOR I appoint [SPOUSE'NAME], as the executor of my Will. If [SPOUSE'S NAME] is unable or unwilling to serve as executor, then I appoint [NAME OF SECOND EXECUTOR] as the executor. I hereby give and grant the Executor all powers and authority as are required or allowed in law, and especially that of assumption. The executor shall not be required to furnish security and shall serve without any bond. and will have the authority to carry out the provisions of my Will, including without limitation, the power to buy, sell, and maintain property; to pursue any claims or legal actions on behalf of my estate; and to pay my probate and funeral expenses prior to any distribution of property. Pending the distribution of my estate my Executors shall have authority to carry on any business, venture or partnership in which I may have any interest at the time of my death. My Executors shall have full and absolute power in his/her discretion to sell all or any assets of my estate, whether by public auction or private sale and shall be entitled to let any property in my estate on such terms and conditions as may be acceptable to my beneficiaries. My Executors shall have authority to borrow money for any purpose connected with the liquidation and administration of my estate and to that end may encumber any of the assets of my estate. ARTICLE III GUARDIANSHIP OF MINOR CHILDREN In the event that me and my spouse die before a child of mine reaches the age of eighteen, I appoint [NAME OF THE GUARDIAN], who resides at [ADDRESS OF THE GUARDIAN], to serve as guardian for my minor child(ren). If this named guardian is unable or unwilling to serve, then I appoint [NAME OF THE GUARDIAN], who resides at [ADDRESS OF THE GUARDIAN], as alternate guardian. ARTICLE IV PAYMENT OF DEBTS AND EXPENSES I direct my Executor to pay my judicially enforceable debts, funeral expenses and expenses of last illness be first paid from my estate, as soon after my death as practicable. Further, I direct that all estate and inheritance taxes and other taxes in the general nature thereof (together with any interest or penalty thereon), which shall become payable upon or by reason of my death with respect to any property passing by or under the terms of this Will or any codicil to it hereafter executed by me, or with respect to the proceeds of any life insurance policy or policies, or with respect to any other property (including property over which I have a taxable power of appointment) included in my gross estate for the purpose of such taxes, shall be paid by my Executor out of the principal of my residuary estate. ARTICLE V TRUST FOR THE BENEFIT OF THE MINOR CHILDREN In the event that I bequeath any of my estate in this Will to a child of mine who is under the age of eighteen years at the time of my death, then I direct that all such bequests for that child be held in a separate trust until the child reaches the age of [SPECIFY]. I appoint [NAME, ADRESSE OF THE TRUSTEE], as the trustee for each child's trust created by this Will. If this person or institution is unwilling or unable to serve as trustee, then I appoint [NAME AND ADRESS OF THE TRUSTEE], as alternate trustee. The trustee will serve without bond. The Trustee's Duties: The trustee will convert to cash all debts and securities that are not qualified legal investments, will reinvest cash in proper securities, and will protect and preserve the trust property","Last Will and Testament - Married with Children","5","https://templates.business-in-a-box.com/imgs/1000px/last-will-and-testament---married-with-children-D12557.png","https://templates.business-in-a-box.com/imgs/250px/12557.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12557.xml",{"title":162,"description":6},"last will and testament - married with children",[164,165],{"label":97,"url":98},{"label":166,"url":167},"Last Will & Testament","/last-will-testament","last will testament   married with children","/template/last-will-and-testament---married-with-children-D12557",{"description":171,"descriptionCustom":6,"label":172,"pages":173,"size":174,"extension":10,"preview":175,"thumb":176,"svgFrame":177,"seoMetadata":178,"parents":179,"keywords":182,"url":183},"VOTING TRUST AGREEMENT This Voting Trust Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [FIRST PARTY NAME] (the \"Employee\"), an individual with his main address located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the \"Trustee\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] For good and valuable consideration, the receipt and legal sufficiency of which are hereby expressly acknowledged, the parties hereto agree as follows: WHEREAS the authorized capital of [COMPANY NAME] (\"Employee\") consists of an unlimited number of Class A common shares and Class B special common shares; WHEREAS Employee has offered to its shareholders of record as at [EFFECTIVE DATE] as well as to its employees, directors and officers the right to subscribe for certain numbers of Class A common shares in the capital stock of Employee at a subscription price of [AMOUNT] per share; WHEREAS the Employees of Employee (the \"Employee\") have subscribed for, in the aggregate, [NUMBER] Class A common shares in the capital stock of Employee (the \" Employee Shares\"); WHEREAS each of the Employee believes it to be in the best interests of Employee that, insofar as he has indicated his desire to subscribe for and purchase Class A common shares of Employee under the said rights offering, the Trustee exercise all the voting rights attached to his shares in respect of the matters set forth herein, subject to the conditions and terms set out herein below; NOW THEREFORE AND IN CONSIDERATION OF THE PREMISES, THE MUTUAL COVENANTS AND AGREEMENTS HEREIN CONTAINED AND OF OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY WHEREOF IS HEREBY ACKNOWLEDGED, THE PARTIES HERETO COVENANT AND AGREE WITH EACH OTHER AS FOLLOWS: TRANSFER OF SHARES TO TRUSTEE Transfer of Shares The Employee hereby agrees that upon his subscription for and purchase of Class A common shares of Employee, he shall transfer and assign to the Trustee the aggregate number of shares in the capital stock of Employee beneficially owned by him and shall deliver to the Trustee share certificates representing such shares, duly endorsed for transfer in favor of the Trustee. The Employee shall cause the Trustee to be recorded on the books and records of Employee as the registered holder thereof and shall cause Employee to issue to and deliver to the Trustee a share certificate or certificates in the name of the Trustee, representing the shares so transferred. Issue of Voting Trust Certificates Upon receipt by the Trustee of the share certificate or certificates representing the shares of Employee beneficially owned by the Employee, the Trustee shall issue to the Employee [NUMBER] or more voting trust certificates representing the number of shares of Employee transferred and delivered by such shareholder to the Trustee, which voting trust certificates shall be substantially in the form annexed hereto as Schedule [SPECIFY]. Register of Voting Trust Holders The Trustee shall maintain a register of the holders of voting trust certificates (a \"Voting Trust Certificate Holder\") and a register of the transfer of voting trust certificates. The registered holder of a voting trust certificate shall be deemed for all purposes to be the owner thereof notwithstanding any notice to the contrary. Voting trust certificates shall not be transferable except as provided in the Amended and Restated Shareholders Agreement relating to Employee entered into as of [DATE] (the \"Shareholders Agreement\"). Subject to the Shareholders Agreement, voting trust certificates shall be transferable, in accordance with their terms, upon surrender to the Trustee by the registered holder thereof of the voting trust certificates duly endorsed by the registered holder. Upon receipt of such voting trust certificate, duly endorsed, the Trustee shall issue and deliver to the transferee thereof, a new voting trust certificate, registered in the name of the transferee. Each transferee of a voting trust certificate by his acceptance thereof, shall be deemed to be a party hereto and shall be embraced within the meaning of the terms \"Voting Trust Certificate Holder\" and \"Voting Trust Certificate Holders\" whenever used herein. The Trustee shall be entitled to rely on an opinion of his counsel in order to determine whether the Shareholders Agreement has been complied with, as provided in Section [NUMBER] hereof. Additional Shares In the event that a Employee or purchases or otherwise acquires any such additional shares, he shall forthwith transfer the aggregate number of all such shares to the Trustee and the provisions of sections 1.1 and 1.2 hereof shall apply mutantis mutandis to such transfer, purchase or acquisition. The Trustee shall hold all such additional shares subject to the terms of this Agreement in like manner and to the same effect as if the same had been originally transferred and delivered to him. RIGHTS AND DUTIES OF TRUSTEE Voting and Shareholder's Rights During the continuance of this Agreement and subject to the terms hereof, the Trustee shall, as to all shares of Employee held in trust pursuant to the terms hereof, possess and be exclusively entitled in his sole discretion to exercise all shareholder's rights of every kind and nature in connection with such shares, including, without limiting the generality of the foregoing, the right to receive all notices of and to attend at all meetings of the shareholders of Employee and to vote in person or by proxy thereat. No Voting by Voting Trust Certificate Holder A Voting Trust Certificate Holder shall not have any right, with respect to any shares held by the Trustee, to vote or take part in or consent to any corporate or shareholders' action of Employee. Acceptance of Trustee The Trustee accepts the trusts hereunder and agrees to carry out and discharge the same as herein provided unless and until he is discharged therefrom. The Trustee may act on the opinion or advice of his legal counsel or other chosen experts and shall not be responsible for any loss occasioned by so acting and shall incur no liability or responsibility for deciding in good faith not to act upon any such opinion or advice. The Trustee may pay such experts a reasonable remuneration for such opinion and advice. Indemnification of Trustee The Trustee assumes no responsibility as such in connection with the management of the business and affairs of Employee by its directors or officers or in connection with any action taken by the directors or officers of Employee. In addition, the parties hereto agree that the Trustee shall not incur any liability or responsibility by reason of any error or mistake of any kind or arising out of any matter or thing whatsoever done or omitted to be done under or in relation to this agreement, save and except for his own willful neglect and default. The Voting Trust Certificate Holder shall indemnify the Trustee against all costs, charges, expenses, including any amount paid to settle an action or satisfy a judgment, reasonably incurred by the Trustee in respect of any civil, criminal or administrative action or proceeding to which he is made a party by reason of being or having been Trustee, if the Trustee acted honestly and in good faith with a view to the best interests of the Voting Trust Certificate Holder, and, in the case of a criminal or administrative action or proceeding that is enforced by a monetary penalty, had reasonable ground for believing that his conduct was lawful.","Voting Trust Agreement","7",65,"https://templates.business-in-a-box.com/imgs/1000px/voting-trust-agreement-D926.png","https://templates.business-in-a-box.com/imgs/250px/926.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#926.xml",{"title":6,"description":6},[180,181],{"label":17,"url":103},{"label":17,"url":103},"voting trust agreement","/template/voting-trust-agreement-D926",false,{"seo":186,"reviewer":199,"legal_disclaimer":203,"quick_facts":204,"at_a_glance":206,"personas":210,"variants":235,"glossary":260,"clauses":293,"how_to_fill":343,"common_mistakes":384,"faqs":409,"industries":437,"comparisons":462,"diy_vs_lawyer":476,"jurisdictions":489,"related_template_ids_curated":510,"schema":520,"classification":521},{"meta_title":187,"meta_description":188,"primary_keyword":189,"secondary_keywords":190},"General Power of Attorney Template | BIB","Free general power of attorney template in Word. Grants broad authority to manage finances, property, and business affairs.","general power of attorney template",[191,192,193,194,195,196,197,198],"power of attorney template word","general power of attorney form","power of attorney template free","durable power of attorney template","business power of attorney template","power of attorney document download","general poa template","printable power of attorney form",{"name":200,"credential":201,"reviewed_date":202},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":205,"legal_review_recommended":203,"signature_required":203,"notarization_required":203},"advanced",{"what_it_is":207,"when_you_need_it":208,"whats_inside":209},"A General Power of Attorney is a legally binding document in which one person (the Principal) grants another person or entity (the Agent, also called Attorney-in-Fact) broad authority to act on their behalf in financial, business, legal, and property matters. This free Word download covers all standard grant-of-authority provisions and can be edited online and exported as PDF for notarization and filing.\n","Use it when a business owner, executive, or individual needs to authorize another party to manage financial accounts, execute contracts, handle real estate transactions, or conduct business dealings during an absence, incapacity, or logistical constraint. It is also commonly used for international transactions where the Principal cannot be physically present to sign.\n","Identification of Principal and Agent, a broad grant of authority covering financial and business matters, optional durability clause, effective date and termination conditions, Agent's acceptance and duties, revocation provisions, notarization block, and witness signature lines.\n",[211,215,219,223,227,231],{"title":212,"use_case":213,"icon_asset_id":214},"Business owners traveling abroad","Authorizing a trusted manager to execute contracts and banking transactions while away","persona-small-business-owner",{"title":216,"use_case":217,"icon_asset_id":218},"Real estate investors","Delegating authority to close property purchases or sales without attending in person","persona-real-estate-investor",{"title":220,"use_case":221,"icon_asset_id":222},"Corporate officers","Granting a colleague authority to sign regulatory filings or financial documents during a leave","persona-ceo",{"title":224,"use_case":225,"icon_asset_id":226},"Individuals with aging parents","Securing legal authority to manage a parent's financial and business affairs proactively","persona-family-caregiver",{"title":228,"use_case":229,"icon_asset_id":230},"Startup founders","Appointing a co-founder or attorney to handle government filings and bank accounts during incorporation","persona-startup-founder",{"title":232,"use_case":233,"icon_asset_id":234},"International entrepreneurs","Enabling a local representative to act on their behalf in a foreign jurisdiction","persona-international-employer",[236,240,244,247,250,254,257],{"situation":237,"recommended_template":238,"slug":239},"Authority must survive the Principal's incapacity or cognitive decline","Durable Power of Attorney","general-power-of-attorney-D1037",{"situation":241,"recommended_template":242,"slug":243},"Authority limited to a single real estate transaction","Limited (Special) Power of Attorney","limited-power-of-attorney-D1038",{"situation":245,"recommended_template":246,"slug":239},"Authority limited to healthcare and medical decisions only","Medical Power of Attorney",{"situation":248,"recommended_template":249,"slug":239},"Granting authority only during a defined period or trip","Temporary Power of Attorney",{"situation":251,"recommended_template":252,"slug":253},"Corporate resolution granting signing authority to an officer","Corporate Resolution","certificate-of-corporate-resolution-D3",{"situation":255,"recommended_template":256,"slug":239},"Agent must manage finances but not healthcare decisions","Financial Power of Attorney",{"situation":258,"recommended_template":259,"slug":239},"Authority required specifically for a vehicle title transfer","Vehicle Power of Attorney",[261,264,267,270,272,275,278,281,284,287,290],{"term":262,"definition":263},"Principal","The person who creates the power of attorney and grants authority to the Agent to act on their behalf.",{"term":265,"definition":266},"Agent (Attorney-in-Fact)","The person or entity authorized by the Principal to act on their behalf under the terms of the power of attorney.",{"term":268,"definition":269},"Grant of Authority","The specific clause that lists the powers being transferred from Principal to Agent — financial, legal, real estate, or business powers.",{"term":238,"definition":271},"A power of attorney that remains in effect if the Principal becomes mentally incapacitated, requiring explicit durability language to achieve this effect.",{"term":273,"definition":274},"Springing Power of Attorney","A power of attorney that only becomes effective upon the occurrence of a specified triggering event, such as the Principal's incapacity.",{"term":276,"definition":277},"Revocation","The formal act by which the Principal cancels the power of attorney and withdraws the Agent's authority, typically done in writing and delivered to the Agent and relevant third parties.",{"term":279,"definition":280},"Notarization","Certification by a licensed notary public that the Principal's signature is genuine and was made voluntarily — required for a power of attorney to be accepted by most financial institutions and government registries.",{"term":282,"definition":283},"Fiduciary Duty","The legal obligation of the Agent to act in the Principal's best interests, avoid conflicts of interest, and not misuse the authority granted.",{"term":285,"definition":286},"Third-Party Acceptance","The willingness of banks, registries, or counterparties to honor the power of attorney — some institutions require their own forms or a recently dated document.",{"term":288,"definition":289},"Witness","A disinterested adult who observes the Principal signing the document and attests that the signature was made freely and without duress.",{"term":291,"definition":292},"Incapacity","A state in which the Principal lacks the legal or mental capacity to make informed decisions — a general (non-durable) POA terminates automatically upon incapacity.",[294,299,303,308,313,318,323,328,333,338],{"name":295,"plain_english":296,"sample_language":297,"common_mistake":298},"Identification of Principal and Agent","States the full legal names, addresses, and relationship of both the Principal and the Agent — establishing who is granting authority and who is receiving it.","I, [PRINCIPAL FULL LEGAL NAME], residing at [PRINCIPAL ADDRESS] ('Principal'), hereby appoint [AGENT FULL LEGAL NAME], residing at [AGENT ADDRESS] ('Agent' or 'Attorney-in-Fact'), to act on my behalf as set forth in this General Power of Attorney.","Using a nickname or trade name instead of the Principal's full legal name. Financial institutions and government offices match names exactly against identity documents; a mismatch causes the POA to be rejected.",{"name":268,"plain_english":300,"sample_language":301,"common_mistake":302},"Lists the specific categories of actions the Agent is authorized to take — banking, investment management, real estate, business operations, tax filings, and contract execution.","Agent is authorized to: (a) manage and transact on any financial account held by Principal; (b) buy, sell, lease, or encumber real property; (c) execute contracts on Principal's behalf; (d) file tax returns and represent Principal before tax authorities; and (e) operate and manage Principal's business interests.","Using a single vague sentence like 'to handle all my affairs' instead of enumerated powers. Many banks and registries refuse to honor a POA that does not specifically list the power being exercised.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Durability Clause","States whether the power of attorney survives the Principal's incapacity — without this clause, most jurisdictions automatically terminate the POA if the Principal loses mental capacity.","This Power of Attorney shall not be affected by subsequent disability or incapacity of the Principal. / This Power of Attorney is NOT durable and shall terminate immediately upon the Principal's incapacity.","Omitting the durability clause entirely and assuming the POA survives incapacity by default. In most US states and Canadian provinces, a POA without explicit durability language terminates upon incapacity — defeating the purpose of long-term planning.",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Effective Date and Triggering Conditions","Specifies when the Agent's authority begins — immediately upon signing, on a future date, or only upon a defined triggering event such as the Principal's certified incapacity.","This Power of Attorney shall become effective immediately upon execution. / This Power of Attorney shall become effective upon delivery to Agent of a written certification from a licensed physician that Principal is unable to manage their own affairs.","Leaving the effective date blank or undefined. An undated POA creates ambiguity about whether the Agent's authority has begun, which banks and counterparties resolve by refusing to honor the document.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Agent's Duties and Fiduciary Standard","Establishes that the Agent must act solely in the Principal's best interests, keep accurate records, avoid self-dealing, and act consistently with how the Principal would act if able.","Agent shall act in the best interests of Principal, keep complete records of all actions taken, avoid conflicts of interest, and shall not benefit personally from any transaction conducted under this Power of Attorney except as expressly authorized.","No fiduciary duties clause at all. Without it, the Agent's obligations are defined only by statute — which varies by jurisdiction and may offer weaker protections against Agent misconduct.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Successor Agent","Names a backup agent who assumes authority if the primary Agent is unwilling or unable to act, preventing a lapse in the Principal's coverage.","If [AGENT FULL NAME] is unable or unwilling to serve, I appoint [SUCCESSOR AGENT FULL NAME], residing at [ADDRESS], as successor Agent with all the same powers granted herein.","Naming only one Agent with no successor. If the Agent dies, becomes incapacitated, or declines to act, the POA becomes unusable — and obtaining a new one may be impossible if the Principal has already lost capacity.",{"name":324,"plain_english":325,"sample_language":326,"common_mistake":327},"Limitation and Exclusion of Powers","Carves out specific powers the Agent is expressly NOT authorized to exercise — such as making gifts to themselves, changing beneficiary designations, or creating a new will on the Principal's behalf.","Notwithstanding the foregoing, Agent shall not: (a) make gifts of Principal's property to Agent or Agent's family members exceeding $[AMOUNT] per year; (b) amend or revoke any trust established by Principal; or (c) change Principal's beneficiary designations without express written consent.","Granting unlimited gifting authority to the Agent without a cap. Unlimited self-gifting authority has been used to drain entire estates; most jurisdictions impose default caps, but explicit limitations in the document are more protective.",{"name":329,"plain_english":330,"sample_language":331,"common_mistake":332},"Revocation Clause","Specifies how the Principal can cancel the POA and what steps are required to notify the Agent and relevant third parties of the revocation.","Principal may revoke this Power of Attorney at any time by delivering written notice of revocation to Agent. Revocation is effective upon Agent's receipt of written notice. Principal shall also notify any third party relying on this Power of Attorney of such revocation.","No revocation procedure specified. Without clear revocation language, a third party who deals with the Agent in good faith after oral revocation may still bind the Principal to those transactions.",{"name":334,"plain_english":335,"sample_language":336,"common_mistake":337},"Indemnification of Third Parties","Protects banks, registries, and counterparties who act in good faith on the Agent's instructions from liability — increasing the likelihood that institutions will honor the POA.","Any third party dealing with Agent in reliance on this Power of Attorney, and without notice of its revocation or termination, is fully protected in dealing with Agent as if this Power of Attorney were still in full force and effect.","Omitting third-party protection language. Without it, institutions are more likely to demand their own proprietary POA forms or refuse to act — causing costly delays.",{"name":339,"plain_english":340,"sample_language":341,"common_mistake":342},"Governing Law and Execution Block","States the jurisdiction whose law governs the POA, followed by signature lines for the Principal, notary public, and witnesses.","This Power of Attorney shall be governed by the laws of [STATE / PROVINCE / COUNTRY]. Executed this [DATE] by: [PRINCIPAL SIGNATURE LINE] | Acknowledged before me, [NOTARY NAME], Notary Public, on [DATE]. | Witness: [WITNESS 1 SIGNATURE] [WITNESS 2 SIGNATURE].","Choosing a governing law that has no connection to where the Principal lives or where the powers will be exercised. Some jurisdictions refuse to honor POAs governed by foreign law without a separate apostille or legalization process.",[344,349,354,359,364,369,374,379],{"step":345,"title":346,"description":347,"tip":348},1,"Enter the Principal's and Agent's full legal names and addresses","Use each party's name exactly as it appears on government-issued identification. Include full mailing addresses. If the Agent is a corporation, include the registered entity name and jurisdiction of formation.","Cross-check the Agent's name spelling against a copy of their government ID before finalizing — a single character mismatch gives banks grounds to refuse the document.",{"step":350,"title":351,"description":352,"tip":353},2,"Define the scope of authority","Review the grant-of-authority clause and check or delete each category of power. Grant only the powers the Agent actually needs. If the Agent will manage bank accounts but not real estate, remove or cross out the real estate authority.","Narrowing authority reduces the risk of misuse and increases the chance that specific institutions — particularly banks — will accept the document without requiring their own form.",{"step":355,"title":356,"description":357,"tip":358},3,"Choose durable or non-durable status","Decide whether authority should survive the Principal's incapacity. For long-term estate planning or elderly Principal scenarios, include the durability clause. For a short-term business delegation, a non-durable POA is typically more appropriate.","If in doubt between durable and non-durable, a durable POA with a defined end date gives the most flexibility without leaving permanent open-ended authority.",{"step":360,"title":361,"description":362,"tip":363},4,"Set the effective date and any triggering conditions","Enter today's date for immediate effectiveness, or specify a future date or triggering event. If springing effectiveness is desired, describe the triggering condition precisely and identify who certifies that the condition has been met.","Avoid vague triggers like 'when I am unable to act.' Specify a formal certification mechanism — a written statement from two licensed physicians is the common standard.",{"step":365,"title":366,"description":367,"tip":368},5,"Name a successor agent","Identify at least one alternate Agent by full legal name and address. Confirm they are willing to serve before finalizing the document.","Contact the successor Agent before signing to confirm their availability and willingness — discovering they are unavailable after the Principal has lost capacity is not recoverable.",{"step":370,"title":371,"description":372,"tip":373},6,"Add any limitations on Agent's authority","Specify any powers explicitly excluded — gifting caps, prohibition on changing beneficiaries, or restriction from self-dealing transactions — in the limitations clause.","Setting a dollar cap on self-gifting (e.g., no more than $[ANNUAL EXCLUSION AMOUNT] per year) is the single most important limitation for protecting the Principal's estate.",{"step":375,"title":376,"description":377,"tip":378},7,"Execute before a notary public and two witnesses","Sign in front of a licensed notary and two disinterested adult witnesses. Witnesses must not be the Agent, a successor Agent, or a beneficiary of the Principal's estate.","Schedule the notary appointment before the signing day and confirm they accept walk-ins or allow remote online notarization if available in your jurisdiction.",{"step":380,"title":381,"description":382,"tip":383},8,"Distribute certified copies to relevant institutions","Provide a certified copy to each financial institution, government registry, or business counterpart where the Agent will act. Keep the original in a secure location known to a trusted third party.","Some financial institutions require the POA to have been executed within the past 6 or 12 months — date the document as recently as practicable before delivering it.",[385,389,393,397,401,405],{"mistake":386,"why_it_matters":387,"fix":388},"Vague grant of authority","A broad statement like 'all my affairs' without enumerated powers causes banks and registries to reject the document, leaving the Agent unable to act when it matters most.","List each category of authority explicitly — banking, real estate, taxes, business operations — using separate lettered sub-clauses so institutions can match the power to the action requested.",{"mistake":390,"why_it_matters":391,"fix":392},"Omitting the durability clause when long-term planning is the goal","Without durability language, the POA terminates automatically on the Principal's incapacity in most jurisdictions — precisely the moment it is most needed.","Include explicit durability language ('this POA shall not be affected by subsequent disability or incapacity') whenever the document is intended for estate planning or medical scenarios.",{"mistake":394,"why_it_matters":395,"fix":396},"Failing to execute before a notary and two witnesses","An improperly witnessed or unnotarized POA is rejected by virtually every bank, title company, and government registry — rendering it legally useless regardless of content.","Always execute the document in front of a licensed notary public and two disinterested adult witnesses, and confirm the jurisdiction's specific execution requirements before the signing appointment.",{"mistake":398,"why_it_matters":399,"fix":400},"Granting unlimited gifting authority to the Agent","Unlimited self-gifting authority has been used by Agents to transfer the Principal's entire estate to themselves — financial elder abuse frequently originates here.","Cap gifts to the Agent or Agent's relatives at the annual IRS gift-tax exclusion amount and add explicit language prohibiting gifts that exceed that cap without a separate written instrument.",{"mistake":402,"why_it_matters":403,"fix":404},"No named successor Agent","If the sole Agent dies, becomes incapacitated, or refuses to act, the POA becomes unexercisable — and obtaining a replacement may be impossible if the Principal has already lost capacity.","Name at least one successor Agent by full legal name in the document, and confirm their willingness to serve before execution.",{"mistake":406,"why_it_matters":407,"fix":408},"Delivering the POA to the Agent before it is needed","A General POA grants broad, immediate authority the moment it is in the Agent's hands. Early delivery creates a window for unauthorized use before the Principal intends the powers to activate.","Retain the executed original with a trusted third party — an attorney or bank vault — and deliver it to the Agent only when the triggering circumstances arise.",[410,413,416,419,422,425,428,431,434],{"question":411,"answer":412},"What is a general power of attorney?","A general power of attorney is a legal document in which a Principal grants an Agent broad authority to manage financial, legal, real estate, and business affairs on their behalf. Unlike a limited or special POA, it covers a wide range of actions rather than a single transaction. It is used when the Principal needs comprehensive delegation of authority due to absence, travel, or incapacity planning.\n",{"question":414,"answer":415},"What is the difference between a general and a durable power of attorney?","A general power of attorney terminates automatically if the Principal becomes mentally incapacitated, unless explicit durability language is included. A durable power of attorney contains specific language stating that authority survives incapacity — making it the appropriate instrument for long-term estate planning. In practice, most estate planning attorneys recommend making any general POA durable to avoid a gap in coverage.\n",{"question":417,"answer":418},"Does a general power of attorney need to be notarized?","Yes, in virtually every jurisdiction a power of attorney must be signed before a licensed notary public and, in many states and provinces, two disinterested witnesses as well. Without notarization, financial institutions and government registries will typically refuse to honor the document. Some jurisdictions also require recording with a county or land registry office when real estate transactions are involved.\n",{"question":420,"answer":421},"Can a general power of attorney be revoked?","Yes. The Principal can revoke a power of attorney at any time while they have legal capacity, by delivering written notice of revocation to the Agent. To be fully effective, revocation should also be communicated to every institution or third party that has been relying on the document. Recording a formal revocation notice with the county recorder is advisable when real property powers were granted.\n",{"question":423,"answer":424},"When does a general power of attorney expire?","A general (non-durable) power of attorney terminates upon the Principal's death, upon the Principal's incapacity (unless durable), upon expiration of a stated end date, or upon formal revocation by the Principal. Some financial institutions also impose informal expiration policies — refusing documents older than 6 to 12 months — regardless of whether the document itself contains an end date.\n",{"question":426,"answer":427},"What powers should NOT be included in a general power of attorney?","Most jurisdictions prohibit or strictly regulate certain powers even in a general POA: the Agent typically cannot create or amend the Principal's will, make unlimited gifts to themselves, change insurance beneficiary designations unless expressly authorized, or transfer the Principal's property to satisfy the Agent's personal debts. Granting these powers without explicit safeguards is the most common source of elder financial abuse under POA arrangements.\n",{"question":429,"answer":430},"Can a business use a power of attorney?","Yes. Businesses regularly use general powers of attorney to authorize officers, managers, or attorneys to execute contracts, manage bank accounts, handle regulatory filings, and close real estate transactions on behalf of the company. A corporate POA is typically authorized by a Board resolution and executed by an officer with signing authority. Third parties often require a certified copy of the authorizing resolution alongside the POA itself.\n",{"question":432,"answer":433},"Do I need a lawyer to create a general power of attorney?","For straightforward delegations — a business owner authorizing a manager to handle banking for 60 days — a high-quality template is typically sufficient. Legal review is strongly recommended when the POA is intended to survive incapacity, involves significant assets or real property, will be used across multiple jurisdictions, or involves an elderly Principal where abuse risk is elevated. A lawyer review typically costs $300–$800 and is worth it for any document granting long-term or broad financial authority.\n",{"question":435,"answer":436},"What is the difference between a general and a limited power of attorney?","A general power of attorney grants broad authority across financial, legal, and business categories. A limited (or special) power of attorney restricts authority to a single transaction or category — for example, authorizing an Agent to close one specific real estate sale. Use a limited POA whenever the scope of needed authority is narrow and defined; use a general POA when comprehensive, ongoing authority is required.\n",[438,442,446,450,454,458],{"industry":439,"icon_asset_id":440,"specifics":441},"Real Estate","industry-real-estate","Investors and buyers use general POAs to authorize attorneys or brokers to execute purchase agreements, mortgage documents, and closing paperwork when they cannot attend in person — particularly common in cross-border property transactions.",{"industry":443,"icon_asset_id":444,"specifics":445},"Financial Services","industry-fintech","Banks and investment firms require a notarized general POA — often on their own form — before allowing an Agent to trade securities, access accounts, or execute wire transfers on a client's behalf.",{"industry":447,"icon_asset_id":448,"specifics":449},"Small Business and Entrepreneurship","industry-professional-services","Business owners use general POAs to authorize a trusted manager or attorney to sign contracts, file permits, and manage banking during extended travel, medical leave, or international expansion.",{"industry":451,"icon_asset_id":452,"specifics":453},"Healthcare and Elder Care","industry-healthtech","Adult children and care coordinators rely on durable general POAs to manage a parent's financial accounts, insurance claims, and business interests when cognitive decline begins — making early execution critical.",{"industry":455,"icon_asset_id":456,"specifics":457},"International Trade and Import/Export","industry-manufacturing","Importers and exporters grant local agents POA authority to clear customs, sign shipping documents, and negotiate terms with foreign counterparts where the Principal's physical presence is impractical.",{"industry":459,"icon_asset_id":460,"specifics":461},"Legal and Professional Services","industry-legal","Law firms and accounting practices use corporate POAs to authorize specific attorneys or accountants to appear before tax authorities, sign regulatory filings, and execute settlements on behalf of business clients.",[463,465,468,472],{"vs":242,"vs_template_id":243,"summary":464},"A limited power of attorney grants authority for a single defined transaction or category — closing one property sale, managing one bank account, or filing one set of tax returns. A general power of attorney covers all financial and business matters simultaneously. Use a limited POA when the scope of delegation is narrow and specific; use a general POA when the Agent needs ongoing, comprehensive authority across multiple domains.",{"vs":252,"vs_template_id":466,"summary":467},"corporate-resolution-D1133","A corporate resolution is a board-approved internal document authorizing a named officer to take a specific corporate action — signing a lease, opening a bank account, or entering a financing arrangement. A general power of attorney is an external-facing instrument that third parties rely on to accept the Agent's authority. Both documents are often used together: the resolution authorizes the officer internally, and the POA provides external evidence of that authority.",{"vs":469,"vs_template_id":470,"summary":471},"Authorization Letter","D{AUTHORIZATION_LETTER_ID}","An authorization letter is an informal document delegating narrow, temporary authority — collecting a package, attending a single meeting, or picking up documents. It carries no legal presumption of authority and is not accepted by banks, registries, or government offices. A general power of attorney is a formal legal instrument with notarization and witness requirements that institutions are legally required to respect.",{"vs":473,"vs_template_id":474,"summary":475},"Living Trust","D{LIVING_TRUST_ID}","A living trust transfers legal ownership of assets to a trustee for management during the grantor's life and distribution upon death — avoiding probate. A general power of attorney grants an Agent authority to act on the Principal's behalf but does not transfer ownership and terminates on death. The two instruments serve different planning functions and are often used together: the POA manages assets outside the trust; the trust manages those transferred into it.",{"use_template":477,"template_plus_review":481,"custom_drafted":485},{"best_for":478,"cost":479,"time":480},"Business owners granting short-term, defined financial authority to a trusted manager or attorney in a single jurisdiction","Free","20–30 minutes",{"best_for":482,"cost":483,"time":484},"Durable POAs for estate planning, documents involving significant assets, or use across multiple US states or provinces","$300–$800","1–3 days",{"best_for":486,"cost":487,"time":488},"Complex cross-border authority, high-net-worth estate planning, corporate POAs for regulated industries, or situations involving vulnerable or elderly Principals","$800–$3,000+","1–2 weeks",[490,495,500,505],{"code":491,"name":492,"flag_asset_id":493,"note":494},"us","United States","flag-us","POA law is governed at the state level; most states have adopted versions of the Uniform Power of Attorney Act (UPOAA), but execution requirements — notarization, witness count, and statutory form language — vary. California, New York, and Florida each require statutory form language or specific acknowledgment wording or the POA may be rejected. Non-durable POAs terminate on incapacity by default; durability requires explicit language. The FTC's elder financial abuse rules create additional compliance considerations for financial institutions honoring POAs.",{"code":496,"name":497,"flag_asset_id":498,"note":499},"ca","Canada","flag-ca","Powers of attorney are governed by provincial legislation — Ontario's Substitute Decisions Act, British Columbia's Power of Attorney Act, and Quebec's Civil Code each impose different execution and capacity requirements. In Quebec, the document must be in French or bilingual and notarized before a notary (notaire) in the civil law tradition. Most common-law provinces require two witnesses who are not the Attorney or the Attorney's spouse. A 'Continuing Power of Attorney for Property' is the Canadian equivalent of a durable POA.",{"code":501,"name":502,"flag_asset_id":503,"note":504},"uk","United Kingdom","flag-uk","In England and Wales, a general power of attorney is governed by the Powers of Attorney Act 1971 and is suitable for short-term business delegation. For authority that survives incapacity, a Lasting Power of Attorney (LPA) — registered with the Office of the Public Guardian — is required. Scotland uses a Continuing Power of Attorney under the Adults with Incapacity (Scotland) Act 2000. Unregistered POAs are not accepted by financial institutions for incapacity planning.",{"code":506,"name":507,"flag_asset_id":508,"note":509},"eu","European Union","flag-eu","POA law differs significantly across EU member states. France, Germany, Spain, and Italy each have distinct notarial and form requirements; many require the document to be notarized in the jurisdiction where it will be used. The Hague Convention apostille process is typically required for POAs crossing EU borders. GDPR considerations arise when the Agent handles personal data on the Principal's behalf — financial institutions may require a data processing addendum alongside the POA.",[243,253,511,512,513,514,515,515,516,517,518,519],"non-disclosure-agreement-nda-D12692","independent-contractor-agreement-D160","employment-agreement-executive-D543","revocation-of-power-of-attorney-D1039","last-will-and-testament---married-with-children-D12557","voting-trust-agreement-D926","affidavit-D843","service-agreement-D12711","general-release-of-liability-D1044",{"emit_how_to":203,"emit_defined_term":203},{"primary_folder":103,"secondary_folder":522,"document_type":523,"industry":524,"business_stage":525,"tags":526,"confidence":530},"personal-and-estate-legal","agreement","general","all-stages",[527,528,522,529],"legal","power-of-attorney","authority-delegation",0.95,"\u003Ch2>What is a General Power of Attorney?\u003C/h2>\n\u003Cp>A \u003Cstrong>General Power of Attorney\u003C/strong> is a legally binding instrument in which a \u003Cstrong>Principal\u003C/strong> grants a designated \u003Cstrong>Agent\u003C/strong> (also called an Attorney-in-Fact) broad authority to act on their behalf across financial, legal, real estate, and business matters. Unlike a limited power of attorney — which restricts the Agent to a single transaction — a general POA covers a wide range of ongoing activities, from managing bank accounts and signing contracts to filing tax returns and handling real estate dealings. The document functions as a legal stand-in: third parties who deal with the Agent in good faith are entitled to treat the Agent's actions as the Principal's own, as long as the POA is properly executed and has not been revoked.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a properly executed general power of attorney, no bank, government registry, or business counterpart is legally required to accept instructions from anyone other than the Principal — regardless of personal relationship or verbal authorization. That means a business owner who travels internationally without one cannot have a colleague sign an urgent contract on their behalf. An adult child cannot manage a parent's financial accounts during a medical crisis without court intervention, which can take months and cost thousands of dollars in legal fees. A real estate investor cannot close a time-sensitive transaction if they cannot be physically present. A general power of attorney eliminates all of these gaps in a single executed document — and when drafted with a durability clause, it remains in force precisely when the Principal needs it most. This template gives you a professionally structured starting point covering every critical clause, ready to be tailored to your circumstances and executed before a notary.\u003C/p>\n",1778773439397]