What is the name of your state (only U.S. law)? Maryland
I have a 20 year old daughter that will be studying out of country for the next 3.5 months. It was suggested that we get a POA in place for managing her finances and tax issues while of country. Currently I have a web from for Maryland POA that allows section of multiple topics such as business issues, investments, real estate, retirement, and tax. As her parents we are only looking to manage her finance and tax issues while away since she does not have these other listed activities. As of now I am planning to sign and notarize this document, but are there steps needed to have this instrument fully activated?
I have a 20 year old daughter that will be studying out of country for the next 3.5 months. It was suggested that we get a POA in place for managing her finances and tax issues while of country. Currently I have a web from for Maryland POA that allows section of multiple topics such as business issues, investments, real estate, retirement, and tax. As her parents we are only looking to manage her finance and tax issues while away since she does not have these other listed activities. As of now I am planning to sign and notarize this document, but are there steps needed to have this instrument fully activated?