1. Grant of Authority
The Principal hereby appoints the Agent as the Principal's true and lawful attorney-in-fact to act for the Principal and in the Principal's name, place, and stead with respect to the powers and authorities set forth in this Power of Attorney.
This Power of Attorney is granted pursuant to the Alaska Uniform Power of Attorney Act, Alaska Statutes AS 13.26.665 through AS 13.26.695 (the "Act").
2. Durability
[[This Power of Attorney shall be durable and shall not be affected by the subsequent disability, incapacity, or incompetence of the Principal. OR This Power of Attorney is not durable and shall terminate upon the disability, incapacity, or incompetence of the Principal.]]
3. Effective Date and Springing Power
[[This Power of Attorney shall become effective immediately upon execution. OR This Power of Attorney shall become effective only upon the Principal's incapacity or disability as certified in writing by a licensed physician or as otherwise provided by law (a "springing" power of attorney).]]
The Agent's authority under this Power of Attorney shall continue until revoked by the Principal or until the Principal's death, whichever occurs first, subject to any limitations set forth herein.
4. Scope of Authority - Financial Powers
The Agent is authorized to perform any act that the Principal could perform with respect to the following matters (check or initial all that apply or specify "all"):
- Real property transactions, including buying, selling, leasing, mortgaging, or otherwise dealing with real estate located in Alaska or elsewhere
- Banking and financial institution transactions, including opening, closing, and managing accounts, making deposits and withdrawals, and obtaining loans
- Stocks, bonds, and securities transactions, including buying, selling, and voting proxies
- Insurance and annuity transactions
- Retirement plan and benefit transactions, including IRA, 401(k), and pension elections
- Tax matters, including preparation and filing of returns, representation before the IRS and Alaska Department of Revenue, and claims for refunds
- Safe deposit box access and management
- Personal and family maintenance, including paying bills, providing for support of the Principal and dependents
- Benefits from military service, Social Security, Medicare, Medicaid, and other governmental programs
- Estate, trust, and other beneficiary transactions
5. Hot Powers - Express Grant Required
Under the Alaska Uniform Power of Attorney Act, certain "hot powers" require an express grant in this document to be effective. The Principal expressly grants the Agent authority to perform the following acts only if initialed or checked below:
- Create, amend, revoke, or terminate an inter vivos trust
- Make a gift of the Principal's property to the Agent or to others (subject to the limitations in Section 6)
- Create or change rights of survivorship or beneficiary designations
- Delegate authority granted under this Power of Attorney
- Waive the Principal's right to be a beneficiary of a joint and survivor annuity
- Exercise fiduciary powers that the Principal has authority to delegate
- Disclaim or refuse an interest in property
The Agent may not exercise any hot power unless the corresponding box or initial is provided by the Principal in this instrument or a separate writing attached hereto.
6. Gifts and Transfers
The Agent may make gifts of the Principal's property only as expressly authorized above and only to the extent such gifts are consistent with the Principal's known estate plan, if any, and the Principal's best interests. Annual gifts to any one individual shall not exceed the federal gift tax annual exclusion amount in effect for the year of the gift without additional express written authority from the Principal.
7. Real Estate Powers
With respect to real property, the Agent may:
- Buy, sell, exchange, lease, mortgage, or grant easements in real property
- Execute, acknowledge, and deliver deeds, leases, mortgages, and other instruments
- Manage rental properties, collect rents, and make repairs
- Obtain title insurance and satisfy liens
Any instrument executed by the Agent affecting real property should reference this Power of Attorney and be recorded as required by Alaska law.
8. Tax and Business Powers
The Agent is authorized to:
- Prepare, sign, and file federal, state, and local tax returns on behalf of the Principal
- Represent the Principal before the Internal Revenue Service, Alaska Department of Revenue, and other taxing authorities
- Receive tax refunds and apply them as directed
- Sign contracts, open and operate business accounts, hire and fire employees, and conduct day-to-day business affairs of any sole proprietorship or interest the Principal may own
9. Healthcare and Personal Care (if granted)
[[If this Power of Attorney is intended to include healthcare decisions, a separate Alaska Healthcare Power of Attorney or Advance Health Care Directive complying with AS 13.52 or the Act's healthcare provisions should be executed. This document focuses on financial and property powers. Two witnesses or notarization may be required for healthcare scope under Alaska law.]]
If healthcare authority is granted herein, the Agent may make medical, surgical, dental, and mental health decisions, consent to or refuse treatment, access records under HIPAA, and arrange for long-term care, subject to any limitations stated by the Principal.
10. Agent's Fiduciary Duties
The Agent shall act in the Principal's best interest, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, and in good faith.
The Agent shall:
- Keep accurate records of all transactions
- Avoid conflicts of interest and self-dealing unless expressly authorized
- Act loyally for the Principal's benefit
- Maintain confidentiality of the Principal's affairs
- Provide an accounting to the Principal or the Principal's conservator or successor upon request
The Agent is entitled to reasonable compensation for services rendered and reimbursement of reasonable expenses, unless otherwise directed by the Principal in writing.
11. Revocation
The Principal may revoke this Power of Attorney at any time by a written instrument signed by the Principal and delivered to the Agent and to any third party who has relied or may rely upon it. Revocation shall be effective upon receipt by the Agent or upon recording if affecting real property.
This Power of Attorney is automatically revoked upon the death of the Principal.
12. Reliance by Third Parties
Any person, including any bank, broker, title company, government agency, or other third party, may rely upon this Power of Attorney and the Agent's authority as set forth herein without further inquiry, unless such person has actual knowledge that this Power of Attorney has been revoked or terminated.
A photocopy or electronic copy of this signed Power of Attorney shall have the same force and effect as an original.
13. Nomination of Guardian or Conservator
If a court determines that the Principal is in need of a guardian or conservator, the Principal nominates the Agent (or Successor Agent) to serve in that capacity, to the extent permitted by Alaska law.
14. Governing Law
This Power of Attorney shall be governed by and construed in accordance with the laws of the State of Alaska, including the Alaska Uniform Power of Attorney Act (AS 13.26.665-695).
15. Severability
If any provision of this Power of Attorney is held invalid or unenforceable, the remaining provisions shall continue in full force and effect.
16. Entire Understanding
This Power of Attorney sets forth the entire understanding of the Principal with respect to the subject matter hereof and supersedes any prior powers of attorney granted by the Principal to the Agent or others for the same or overlapping purposes, except as expressly preserved in writing.
IMPORTANT NOTICE: This is a legal document. The Principal should read it carefully and consult an Alaska-licensed attorney if the Principal does not understand any provision. The Agent's authority may be limited by law and by the express terms of this document. Hot powers must be expressly granted. This document does not authorize the Agent to make healthcare decisions unless a healthcare power of attorney or directive meeting Alaska statutory requirements (including witness or notarization rules) is separately executed.
Template - not professional (legal/financial/medical) advice. This is a template power of attorney prepared for use in Alaska under AS 13.26.665-695. Requirements for execution (notarization for financial POAs; two witnesses often required for healthcare POAs) must be followed exactly for validity. The Principal and Agent should verify current statutory requirements and consult qualified counsel. As of 2026.
Principal's Signature and Acknowledgment
I, [[Principal Full Legal Name]], the Principal, sign my name to this Power of Attorney on [[Execution Date]] and declare that I am of sound mind, understand the contents of this instrument, and intend it to be effective as stated.
Principal Signature: ________________________________ Date: [[Execution Date]]
Printed Name: [[Principal Full Legal Name]]
Notary Acknowledgment (Alaska)
State of Alaska
[[Judicial District or Borough]]
On this [[Day]] day of [[Month]], [[Year]], before me, the undersigned notary public, personally appeared [[Principal Full Legal Name]], proved to me through satisfactory evidence of identification, which was [[type of ID]], to be the person whose name is signed on the preceding document, and acknowledged to me that they signed it voluntarily for its stated purpose.
Notary Public Signature: ________________________________
Printed Name: [[Notary Name]]
My commission expires: [[Date]]
(Seal)
Agent's Acceptance
I, [[Agent Full Legal Name]], accept appointment as Agent under this Power of Attorney. I understand my fiduciary duties under Alaska law and agree to act in the Principal's best interest.
Agent Signature: ________________________________ Date: [[Acceptance Date]]
Printed Name: [[Agent Full Legal Name]]
Successor Agent Acceptance (if applicable)
I, [[Successor Agent Full Legal Name]], accept appointment as Successor Agent and agree to serve if the primary Agent is unable or unwilling to act.
Successor Agent Signature: ________________________________ Date: [[Acceptance Date]]
Printed Name: [[Successor Agent Full Legal Name]]
Witnesses (recommended/required for healthcare scope or as good practice)
The Principal signed this instrument in our presence. We are not the Agent or successor agent named herein.
Witness 1 Signature: ________________________________ Date: [[Date]]
Printed Name: [[Witness 1 Name]]
Address: [[Witness 1 Address]]
Witness 2 Signature: ________________________________ Date: [[Date]]
Printed Name: [[Witness 2 Name]]
Address: [[Witness 2 Address]]
