A Massachusetts limited power of attorney is a legal document granting an agent specific authority to manage financial affairs or tasks on behalf of another person for a set period or event. It is commonly used for real estate transactions but can apply to various needs.
The agent must act in the principal’s best interests, with the power expiring upon task completion, a specified date, the principal’s death, or through a revocation form. This ensures clear, documented instructions, minimizing misinterpretation risks.
Legal Considerations
Statute – Chapter 190B: Massachusetts Uniform Probate Code
Signing Requirements – M.G.L.A. 190B § 5-103 – Two witnesses.
Related Forms
Vehicle Power of Attorney Form
Signing Requirements: Principal, agent and witness for each signature.
Minor (Child) Power of Attorney
Signing Requirements:Two witnesses.
Real Estate Power of Attorney
Signing Requirements:Notary public and two witnesses.
