1. A power of attorney must be signed by the principal and by two subscribing witnesses and be acknowledged by the principal before a notary public or as otherwise provided in Florida Statute Section 695.03. 2. If the principal is physically unable to sign the power of attorney, the notary public before whom the principal’s [..]
The agent must be a natural person who is 18 years of age or older or a financial institution that has trust powers, has a place of business in this state, and is authorized to conduct trust business in this state.
“Another state” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States.
A state or federal savings or thrift association, bank, savings bank, trust company, international bank agency, international banking corporation, international branch, international representative office, international administrative office, international trust company representative office, credit union, or an agreement corporation operating pursuant to s. 25 of the Federal Reserve Act, 12 U.S.C. ss. 601 et seq. or [..]
“Sign” means having present intent to authenticate or adopt a record to: (a) Execute by signature or mark; or (b) Attach to, or logically associate with the record an electronic sound, symbol, or process.
“Incapacitated” means a judicial determination that a person lacks the capacity to manage at least some of the person’s property or to meet at least some of the person’s essential health and safety requirements. A minor shall be treated as being incapacitated.
An order of appointment of a Personal Representative is authority to distribute apparently intestate assets to the heirs of the decedent if, at the time of distribution, the Personal Representative is not aware of a proceeding challenging intestacy or a proceeding questioning the appointment or fitness to continue.
Any part of the estate of a decedent not effectively disposed of by Will passes to the decedent’s heirs as prescribed in the sections of the Florida Probate Code. The decedent’s death is the event that vests the heirs’ right to the decedent’s intestate property.
An organization that conducts activities through employees has notice or knowledge of a fact involving a power of attorney only from the time information was received by an employee having responsibility to act on matters involving the power of attorney, or would have had if brought to the employee’s attention if the organization had exercised [..]
“Knowledge” means a person has actual knowledge of the fact, has received a notice or notification of the fact, or has reason to know the fact from all other facts and circumstances known to the person at the time in question.