An Arkansas power of attorney allows another individual (the agent) to make decisions on your behalf (the principal). You can use the document to grant this authority and have someone manage your finances when you’re unavailable to sign paperwork or plan for a time when you need someone to make medical decisions for you.
Laws
Statute: Uniform Power of Attorney Act (Title 28, Subtitle 5, Chapter 68 of the Code of Arkansas).
By Type
Durable (Financial)
Gives an agent the legal authority to continue to make decisions on your behalf if you become incapacitated.
Signing Requirements: Notary public.
Medical
Authorizes caregivers to fulfil your medical wishes in the event that you become unable to make those decisions.
Signing Requirements: Either a notary public or two witnesses (Ark. Code § 20-6-103).
Limited (Special)
Enables you to give powers to an agent for a task (such as signing paperwork), and typically ends when the task has been completed.
Signing Requirements: Notary public.
Non-Durable (General)
Allows your chosen agent to make and execute financial decisions on your behalf.
Signing Requirements: Notary public.
Springing
"Springs” into effect in a certain situation (such as your incapacitation), and ends at a time you specify on the form.
Signing Requirements: Notary public.
Motor Vehicle
Allows a representative to manage your affairs in relation to motor vehicles.
Signing Requirements: Principal Only.
Real Estate
Empowers the principal to select a trusted person as their “agent” to manage their real estate transactions.
Signing Requirements: Notary public.
Tax
Allows the taxpayer to designate an agent to represent them in tax-related matters.
Signing Requirements: Taxpayer.
Minor (Child)
Authorizes a third party (agent) to take parental responsibility for a minor temporarily.
Signing Requirements: Notary public.
