New Jersey Power Of Attorney Form
Section 3 of the form allows you to list which tax matters your representative is authorized to handle on your behalf.
New jersey power of attorney form. Executing a power of attorney is not difficult you can obtain a form online and then write in which powers you want to grant to your agent the person who will act on your behalf. The person giving power principal will have the choice of handing over limited or unrestricted power to the other person agent. To set up a power of attorney both the agent and principal need to fill out and sign a power of attorney form.
The new jersey durable financial power of attorney is a document that authorizes another person to handle one s financial matters. New jersey general durable power of attorney the powers you grant below are effective even if you become disabled or incompetent notice. They are explained in the uniform statutory form power of attorney act.
The authorized individual or attorney in fact can be given control over all or a part of the principal s personal and or business finances. This type of form is often used for long term planning purposes for when a person wants to make sure his or her affairs continue to be managed in the unfortunate event of mental or physical incapacity. New jersey power of attorney forms are utilized to grant authority from a person to another and handle the affairs related to finances and health care.
You are called the principal in this relationship. The principal should appoint someone who is reliable possibly a relative or close friend who will act with the principal s best interests at heart. Durable power of attorney in new jersey is a form whereby a principal the person granting authority can appoint an agent the representative who exercises the authority to generally manage and control their assets and property.
You must sign the document and in new jersey you must get two witnesses or a notary to sign it as well. Powers of attorney are regulated by nj rev stat 46 2b while health care proxies new jersey power of attorney for health care must be executed according to nj rev stat 26 2h 53 to 26 2h 67. The new jersey tax power of attorney form form m 5008 r is used to appoint an agent or an entity to handle a person s taxes with the division of taxation.
Use this form to designate a representative s and grant the representative s the authority to obligate bind and or appear on your behalf before the new jersey division of taxation.