A Missouri general power of attorney (GPOA) is a legal document conveying rights for an agent to handle a principal’s finances as they relate to their assets and liabilities. Depending on their preferences, a principal can let their attorney-in-fact handle their governmental benefits, insurance policies, and retirement accounts.
This form is non-durable, so the agent can exercise their powers if the principal is alive and mentally competent. Once the principal can no longer make decisions, the agent loses authority. If you want a more enduring document, use a durable power of attorney form.
Laws — MO Rev. Stat. Chapter 404 (Durable Power of Attorney).
Authority (MO Rev. Stat. § 404.710) – An agent can execute their authority on behalf of the principal if they abide by the principal’s constraints.
Signing Requirements (MO Rev. Stat. § 404.705(1)(3)) – A notary public must be present when the principal signs this form.
Presumption of Durability (MO Rev. Stat. § 404.705(1) and (2)) – Missouri state law doesn’t presume durability when it comes to these forms. The principal must include durability language to express they want the power of attorney to continue if they become incapacitated.
