A Nevada durable power of attorney is a legal document that allows an individual (also known as “the principal “) to appoint someone else (“an agent”) to manage financial matters. The agent must act on behalf and in the principal’s best interest, and their power remains in effect even if the principal becomes incapacitated.
This form is generally used for financial and business matters.
Laws
In Nevada, power of attorney forms are durable by default.
- Relevant Laws: Chapter 162A (POWER OF ATTORNEY FOR FINANCIAL MATTERS AND DURABLE POWER OF ATTORNEY FOR HEALTH CARE DECISIONS)
- Presumed Durable: Yes. § 162A.210
- Signing: A signature is required.
- Notarization: A durable power of attorney is not required to be notarized in Nevada, but the principal’s signature will be validated if acknowledged by a notary public. § 162A.220
- Statutory Form: Yes — § 162A.620
