An Indiana General Power of Attorney Form is a legal form designed to give the Attorney-in-Fact power over a wide variety of the Principal’s affairs. Most of these powers are related to the Principal’s finances; withdrawing or depositing money into the Principal’s accounts, managing the Principal’s investments, etc. although childcare can sometimes be included in a General Power of Attorney Agreement.
Under Indiana state law, this kind of form is not automatically durable, and will thus immediately become void if the Principal is declared incapacitated or if the Principal and Attorney-in-Fact are spouses and get a divorce. If the Principal wishes the Attorney-in-Fact to retain their powers even if they are incapacitated, they must specify as such in the agreement. It should also be noted that, regardless of the terms of this agreement, it cannot be used to give the Attorney-in-Fact power over the Principal’s medical care.