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State Laws Vary
Beyond the ability to make gifts on your behalf,
many aspects of a Power of Attorney are governed by state law.
Generally, the law of the state in which you reside at the time
you sign a Power of Attorney will govern the powers and
actions of the agent(s) under that document.
What if I move?
Generally, a Power of Attorney that is valid
when you sign it will remain valid even if you change your state
of residence. Although it should not be necessary to sign a new
Power of Attorney merely because you have moved to a new state,
it is a good idea to take the opportunity to update your Power
of Attorney.
Will my Power of Attorney expire?
Some states used to require renewal of Powers
of Attorney for continuing validity. Today, most states permit
a "durable" Power of Attorney that remains valid once signed until
you die or revoke the document. However, you should periodically
meet with your lawyer to revisit a Power of Attorney and consider
whether your choice of agent still meets your needs and learn
whether developments in state law affect your Power of Attorney.
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