South Carolina Durable Power of Attorney Template
This Durable Power of Attorney ("Agreement") is created and made effective as of [__________] (the "Effective Date"), by and between [Primary Person's Full Name], residing at [Primary Person's Address], South Carolina (hereinafter referred to as the "Principal"), and [Agent's Full Name], residing at [Agent's Address], South Carolina (hereinafter referred to as the "Agent").
In accordance with the South Carolina Uniform Power of Attorney Act, Principal hereby appoints Agent as their attorney-in-fact to act on the Principal's behalf in any lawful way with respect to the following initialled powers, subject to any limitations herein:
- Real property transactions
- Tangible personal property transactions
- Stock and bond transactions
- Commodity and option transactions
- Banking and other financial institution transactions
- Business operating transactions
- Insurance and annuity transactions
- Estate, trust, and other beneficiary transactions
- Claims and litigation
- Personal and family maintenance
- Benefits from social security, Medicare, Medicaid, or other governmental programs, or military service
- Retirement plan transactions
- Tax matters
This power of attorney shall become effective immediately upon the execution of this document and shall remain effective until it is revoked by the Principal or until the Principal's death.
The Agent agrees to act in the Principal's best interest in accordance with the South Carolina Code of Laws and to perform their duties under this Agreement. This Durable Power of Attorney is subject to any limitations set forth herein and any conditions or restrictions imposed by law.
The Principal may revoke this Durable Power of Attorney at any time provided that the revocation is in writing and signed by the Principal. The revocation shall be effective upon delivery to the Agent.
In witness whereof, the Principal has executed this Durable Power of Attorney on the date first above written.
_______________________________________
[Printed Name of Principal]
_______________________________________
[Principal's Signature]
Date: ____________________
State of South Carolina
County of [_____________]
On this day, _______________________, before me, [Notary's Name], a Notary Public in and for said state, personally appeared [Principal's Full Name], known to me to be the person whose name is subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained.
In witness whereof, I have hereunto set my hand and official seal.
_______________________________________
Notary Public
My Commission Expires: __________________