A New Jersey General Power of Attorney Form is an agreement that gives the Attorney-in-Fact across the board power to manage the Principal’s financial affairs. This usually includes buying or selling large scale property, overseeing investments and managing bank accounts. These agreements are generally not Springing, and will thus go into effect immediately upon being signed.
In New Jersey, the signing of this agreement must be witnessed by at least two (2) adults or a Notary Public in order for it to be valid. Unlike many states, there are no restrictions on who these witnesses can be; They can be related to the Principal or the Attorney-in-Fact, or can be complete strangers, or anything in between.