The Kansas Standard Power of Attorney Form is used to give the Attorney-in-Fact broad power over the Principal’s financial affairs. Generally this will include management of the Principal’s bank accounts, overseeing the Principal’s investments, buying or renting property and automobiles and giving gifts on behalf of the Principal.
Note that, in Kansas, this kind of agreement is not durable and will take effect immediately upon being signed. In addition, under Kansas state law, regardless of the terms contained within the agreement, if the Principal and the Attorney-in-Fact are spouses and they get a divorce or separation, the agreement is immediately terminated. If the Principal still wishes to have an agreement like this in place, they will need to get a new Power of Attorney form drafted and signed.