New Maryland Power of Attorney Statute Goes into Effect Oct. 1

Maryland’s General Assembly passed a new statute governing powers of attorney that would be valid under Maryland law, including providing two new forms in the statute to help standardize the forms used by attorneys to help their clients plan their estate.  Powers of attorney executed after October 1 will need to comply with the requirements of the statute, including the requirement that signatures of principals be notarized and accompanied by the signatures of two witnesses.  In addition, the new statutory forms provide a space for the Agent to sign, accepting their appointment, and for the signature of the Agent to be notarized.

Hopefully the changes to Maryland law will help to reduce the fraud and confusion with regards to what constitutes a valid power of attorney.  The Maryland Law Blog provides further comments and links to the legislation.

Published by

faithatlaw

Maryland technology attorney and college professor.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s