A Maine General Power of Attorney Form is designed to give the Attorney-in-Fact blanket power to act on behalf of the Principal in financial matters. This will generally include everything from managing the Principal’s investments, to depositing and withdrawing funds from bank accounts. Regardless of the terms of this agreement it cannot be used to give the Attorney-in-Fact power over the Principal’s medical treatments.
In Maine, a Power of Attorney form is required to be signed and dated by at least two (2) witnesses in order to be valid, neither of whom can be related to either the Principal or the Attorney-in-Fact. If the form is witnessed, signed and dated by a Notary Public however, a second witness is not required. This agreement, more than most others, requires care on the part of the Principal, as it granting the Attorney-in-Fact a large amount of power.