A Massachusetts General Power of Attorney Form is designed to give the Attorney-in-Fact blanket power to manage the Principal’s financial affairs. This will include managing their accounts, supervising their investments, giving gifts on their behalf and paying any bills for utilities, property leasing or insurance that are required. As the name implies, this is a fairly common form that is used when a Principal is legally capable of managing their life but may require assistance.
Under Massachusetts State Law, all Power of Attorney Agreements must be witnessed by either two (2) adults who are unrelated to either the Principal or the Attorney-in-Fact by blood or adoption, or by a notary public. It should also be noted that, in Massachusetts, this kind of agreement is not automatically Springing, and will go into effect immediately upon being signed unless stated otherwise.