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First, if you live in Florida, you and the principal will need to create a valid power of attorney under Florida law rather than under the law of another state. My Durable Power of Attorney was created in another state. Is it still valid in Florida? A power of attorney used by an individual residing in Florida to authorize a third party to manage the individual's property and financial matters.

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A power of attorney for financial purposes can be useful for a busy businessperson. You can enact one to entitle an agent to sell or buy a car in your name. My Durable Power of Attorney was created in another state. Is it still valid in Florida? A Power of Attorney in Florida is a legal document that provides a way to appoint another person to have legal authority to take action and make decisions.

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A power of attorney for financial purposes can be useful for a busy businessperson. You can enact one to entitle an agent to sell or buy a car in your name. The agent is a “fiduciary” to the principal and therefore must act within the scope of the power of attorney form, must act in good faith, and should be acting. Power of attorney forms are legal papers that state that a person, a group of people, a financial institution, or a business, known as “agent” or “attorney-in-.