ILLINOIS STATUTORY
SHORT FORM
POWER OF ATTORNEY FOR PROPERTY
Prepared by:
Mail to:
NOTICE TO THE INDIVIDUAL SIGNING THE ILLINOIS
STATUTORY SHORT FORM POWER OF ATTORNEY FOR PROPERTY.
PLEASE READ THIS NOTICE CAREFULLY. The form that you will be signing is
a legal document. It is governed by the Illinois Power of Attorney Act. If there is
anything about this form that you do not understand, you should ask a lawyer to
explain it to you.
The purpose of this Power of Attorney is to give your designated "agent"
broad powers to handle your financial affairs, which may include the power to
pledge, sell, or dispose of any of your real or personal property, even without
your consent or any advance notice to you. When using the Statutory Short
Form, you may name successor agents, but you may not name co-agents.
This form does not impose a duty upon your agent to handle your financial
affairs, so it is important that you select an agent who will agree to do this for
you. It is also important to select an agent whom you trust, since you are
giving that agent control over your financial assets and property. Any agent
who does act for you has a duty to act in good faith for your benefit and to
use due care, competence, and diligence. He or she must also act in
accordance with the law and with the directions in this form. Your agent must
keep a record of all receipts, disbursements, and significant actions taken as
your agent.
Unless you specifically limit the period of time that this Power of Attorney
will be in effect, your agent may exercise the powers given to him or her
throughout your lifetime, both before and after you become incapacitated. A
court, however, can take away the powers of your agent if it finds that the
agent is not acting properly. You may also revoke this Power of Attorney if
you wish.
This Power of Attorney does not authorize your agent to appear in court for
you as an attorney-at-law or otherwise to engage in the practice of law unless
he or she is a licensed attorney who is authorized to practice law in Illinois.
The powers you give your agent are explained more fully in Section 3-4 of
the Illinois Power of Attorney Act. This form is a part of that law. The "NOTE"
paragraphs throughout this form are instructions.
You are not required to sign this Power of Attorney, but it will not take
effect without your signature. You should not sign this Power of Attorney if
you do not understand everything in it, and what your agent will be able to do
if you do sign it.
Please place your initials on the following line indicating that you have read this Notice:
………………....................
Principal's initials
ILLINOIS STATUTORY SHORT FORM
POWER OF ATTORNEY FOR PROPERTY
1. I, ......................................................................................................................................, (insert name
and address of principal) hereby revoke all prior powers of attorney for property executed by me and
appoint: ...............................................................……………………………………………………………….
(insert name and address of agent)
(NOTE: You may not name co-agents using this form.)
as my attorney-in-fact (my "agent") to act for me and in my name (in any way I could act in person) with
respect to the following powers, as defined in Section 3-4 of the "Statutory Short Form Power of Attorney for
Property Law" (including all amendments), but subject to any limitations on or additions to the specified
powers inserted in paragraph 2 or 3 below:
(NOTE: You must strike out any one or more of the following categories of powers you do not want your
agent to have. Failure to strike the title of any category will cause the powers described in that category to
be granted to the agent. To strike out a category you must draw a line through the title of that category.)
(a) Real estate transactions.
(b) Financial institution transactions.
(c) Stock and bond transactions.
(d) Tangible personal property transactions.
(e) Safe deposit box transactions.
(f) Insurance and annuity transactions.
(g) Retirement plan transactions.
(h) Social Security, employment and military service benefits.
(i) Tax matters.
(j) Claims and litigation.
(k) Commodity and option transactions.
(l) Business operations.
(m) Borrowing transactions.
(n) Estate transactions.
(o) All other property transactions.
(NOTE: Limitations on and additions to the agent's powers may be included in this power of attorney if they
are specifically described below.)
2. The powers granted above shall not include the following powers or shall be modified or limited in the
following particulars:
(NOTE: Here you may include any specific limitations you deem appropriate, such as a prohibition or
conditions on the sale of particular stock or real estate or special rules on borrowing by the agent.)
........................................................................................................................................................................
............................................................................................................................................................................
............................................................................................................................................................................
................................................................................................................................................................
3. In addition to the powers granted above, I grant my agent the following powers:
(NOTE: Here you may add any other delegable powers including, without limitation, power to make gifts,
exercise powers of appointment, name or change beneficiaries or joint tenants or revoke or amend any trust
specifically referred to below.)
............................................................................................................................................................................
............................................................................................................................................................................
............................................................................................................................................................................
............................................................................................................................................................
(NOTE: Your agent will have authority to employ other persons as necessary to enable the agent to properly
exercise the powers granted in this form, but your agent will have to make all discretionary decisions. If you
want to give your agent the right to delegate discretionary decision-making powers to others, you should
keep paragraph 4, otherwise it should be struck out.)
4. My agent shall have the right by written instrument to delegate any or all of the foregoing powers
involving discretionary decision-making to any person or persons whom my agent may select, but such
delegation may be amended or revoked by any agent (including any successor) named by me who is acting
under this power of attorney at the time of reference.
(NOTE: Your agent will be entitled to reimbursement for all reasonable expenses incurred in acting under
this power of attorney. Strike out paragraph 5 if you do not want your agent to also be entitled to reasonable
compensation for services as agent.)
5. My agent shall be entitled to reasonable compensation for services rendered as agent under this power
of attorney.
(NOTE: This power of attorney may be amended or revoked by you at any time and in any manner. Absent
amendment or revocation, the authority granted in this power of attorney will become effective at the time
this power is signed and will continue until your death, unless a limitation on the beginning date or duration
is made by initialing and completing one or both of paragraphs 6 and 7.)
6. ( ) This power of attorney shall become effective on
..............................................................
(NOTE: Insert a future date or event during your lifetime, such as a court determination of your disability or a
written determination by your physician that you are incapacitated, when you want this power to first take
effect.)
7. ( ) This power of attorney shall terminate on
..............................................................
(NOTE: Insert a future date or event, such as a court determination that you are not under a legal disability
or a written determination by your physician that you are not incapacitated, if you want this power to
terminate prior to your death.)
(NOTE: If you wish to name one or more successor agents, insert the name and address of each successor
agent in paragraph 8.)
8. If any agent named by me shall die, become incompetent, resign or refuse to accept the office of agent,
I name the following (each to act alone and successively, in the order named) as successor(s) to such
agent:
............................................................................................................................................................................
....................................................................................................................................................................For
purposes of paragraph 8, a person shall be considered to be incompetent if and while the person is a minor
or an adjudicated incompetent or disabled person or the person is unable to give prompt and intelligent
consideration to business matters, as certified by a licensed physician.
(NOTE: If you wish to, you may name your agent as guardian of your estate if a court decides that one
should be appointed. To do this, retain paragraph 9, and the court will appoint your agent if the court finds
that this appointment will serve your best interests and welfare. Strike out paragraph 9 if you do not want
your agent to act as guardian.)
9. If a guardian of my estate (my property) is to be appointed, I nominate the agent acting under this
power of attorney as such guardian, to serve without bond or security.
10. I am fully informed as to all the contents of this form and understand the full import of this grant of
powers to my agent.
(NOTE: This form does not authorize your agent to appear in court for you as an attorney-at-law or
otherwise to engage in the practice of law unless he or she is a licensed attorney who is authorized to
practice law in Illinois.)
11. The Notice to Agent is incorporated by reference and included as part of this form.
Dated: .................................
Signed ..........................................................
(principal)
(NOTE: This power of attorney will not be effective unless it is signed by at least one witness and your
signature is notarized, using the form below. The notary may not also sign as a witness.)
The undersigned witness certifies that ........................................................................., known to me to be the
same person whose name is subscribed as principal to the foregoing power of attorney, appeared before me
and the notary public and acknowledged signing and delivering the instrument as the free and voluntary act
of the principal, for the uses and purposes therein set forth. I believe him or her to be of sound mind and
memory. The undersigned witness also certifies that the witness is not: (a) the attending physician or mental
health service provider or a relative of the physician or provider; (b) an owner, operator, or relative of an
owner or operator of a health care facility in which the principal is a patient or resident; (c) a parent, sibling,
descendant, or any spouse of such parent, sibling, or descendant of either the principal or any agent or
successor agent under the foregoing power of attorney, whether such relationship is by blood, marriage, or
adoption; or (d) an agent or successor agent under the foregoing power of attorney.
Dated: ......................................
…………..............................
Witness
(NOTE: Illinois requires only one witness, but other jurisdictions may require more than one witness. If you
wish to have a second witness, have him or her certify and sign here:)
(Second witness) The undersigned witness certifies that .................................................., known to me to be
the same person whose name is subscribed as principal to the foregoing power of attorney, appeared before
me and the notary public and acknowledged signing and delivering the instrument as the free and voluntary
act of the principal, for the uses and purposes therein set forth. I believe him or her to be of sound mind and
memory. The undersigned witness also certifies that the witness is not: (a) the attending physician or mental
health service provider or a relative of the physician or provider; (b) an owner, operator, or relative of an
owner or operator of a health care facility in which the principal is a patient or resident; (c) a parent, sibling,
descendant, or any spouse of such parent, sibling, or descendant of either the principal or any agent or
successor agent under the foregoing power of attorney, whether such relationship is by blood, marriage, or
adoption; or (d) an agent or successor agent under the foregoing power of attorney.
Dated: ..................................
…………………..............................
Witness
click to sign
signature
click to edit
State of ………………)
) SS.
County of ......................)
The undersigned, a notary public in and for the above county and state, certifies that
.........................................., known to me to be the same person whose name is subscribed as principal to
the foregoing power of attorney, appeared before me and the witness(es) ..................................................
(and .....................................................) in person and acknowledged signing and delivering the instrument
as the free and voluntary act of the principal, for the uses and purposes therein set forth (, and certified to
the correctness of the signature(s) of the agent(s)).
Dated: .......................................
..............................
Notary Public
My commission expires .................
(NOTE: You may, but are not required to, request your agent and successor agents to provide specimen
signatures below. If you include specimen signatures in this power of attorney, you must complete the
certification opposite the signatures of the agents.)
Specimen signatures of I certify that the signatures
agent (and successors) of my agent (and successors)
are genuine.
........................................... ..............................................
(agent) (principal)
........................................... ..............................................
(successor agent) (principal)
........................................... ..............................................
(successor agent) (principal)
(NOTE: The name, address, and phone number of the person preparing this form or who assisted the
principal in completing this form should be inserted below.)
Name: ..........................................
Address: ......................................
......................................................
......................................................
Phone: .............................
"NOTICE TO AGENT
When you accept the authority granted under this power of attorney a special legal relationship, known as
agency, is created between you and the principal. Agency imposes upon you duties that continue until you
resign or the power of attorney is terminated or revoked.
As agent you must:
(1) do what you know the principal reasonably expects you to do with the principal's property;
(2) act in good faith for the best interest of the principal, using due care, competence, and diligence;
(3) keep a complete and detailed record of all receipts, disbursements, and significant actions
conducted for the principal;
(4) attempt to preserve the principal's estate plan, to the extent actually known by the agent, if
preserving the plan is consistent with the principal's best interest; and
(5) cooperate with a person who has authority to make health care decisions for the principal to
carry out the principal's reasonable expectations to the extent actually in the principal's best interest As
agent you must not do any of the following:
(1) act so as to create a conflict of interest that is inconsistent with the other principles in this Notice to
Agent;
(2) do any act beyond the authority granted in this power of attorney;
(3) commingle the principal's funds with your funds;
(4) borrow funds or other property from the principal, unless otherwise authorized;
(5) continue acting on behalf of the principal if you learn of any event that terminates this power of
attorney or your authority under this power of attorney, such as the death of the principal, your legal
separation from the principal, or the dissolution of your marriage to the principal.
If you have special skills or expertise, you must use those special skills and expertise when acting for the
principal. You must disclose your identity as an agent whenever you act for the principal by writing or printing
the name of the principal and signing your own name "as Agent" in the following manner:
"(Principal's Name) by (Your Name) as Agent"
The meaning of the powers granted to you is contained in Section 3-4 of the Illinois Power of Attorney Act,
which is incorporated by reference into the body of the power of attorney for property document.
If you violate your duties as agent or act outside the authority granted to you, you may be liable for any
damages, including attorney's fees and costs, caused by your violation.
If there is anything about this document or your duties that you do not understand, you should seek legal
advice from an attorney."