Michigan Power of Attorney Form

Create a free Michigan durable financial power of attorney under Michigan Uniform Power of Attorney Act, 2023 PA 187, MCL 556.201 et seq. (execution: MCL 556.205); replaced repealed Durable POA provisions MCL 700.5501-700.5505 (repeal confirmed by MCL 556.504). Fill in the form, preview the document live, and download a ready-to-sign PDF.

Before you sign — Michigan requirements

Michigan durability is an either/or under MCL 556.205: the principal signs (the form is dated) and EITHER acknowledges the signature before a notary public (or other officer authorized to take acknowledgments) OR signs in the presence of 2 witnesses (neither of whom may be the named agent) who also sign. Both are NOT required. Notarization is the recommended/safer path because only an acknowledged signature gets the statutory presumption of genuineness (MCL 556.205) and notarization is required to record a real-estate POA.



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Michigan durability is an either/or under MCL 556.205: the principal signs (the form is dated) and EITHER acknowledges the signature before a notary public (or other officer authorized to take acknowledgments) OR signs in the presence of 2 witnesses (neither of whom may be the named agent) who also sign. Both are NOT required. Notarization is the recommended/safer path because only an acknowledged signature gets the statutory presumption of genuineness (MCL 556.205) and notarization is required to record a real-estate POA.

Durable Financial Power of Attorney (Michigan)

1. Designation of Agent

I, [PRINCIPAL NAME], of MI (the "Principal"), appoint [AGENT NAME], of [AGENT ADDRESS], as my agent (attorney-in-fact) to act for me in any lawful way with respect to the subjects granted below.

2. Grant of Authority

I grant my agent authority over ALL of the following subjects. My agent may act on my behalf in any lawful way with respect to each:

• Real Property — Buy, sell, lease, mortgage, and manage land and buildings.

• Tangible Personal Property — Handle physical belongings such as vehicles, furniture, and equipment.

• Stocks and Bonds — Buy, sell, and manage securities and brokerage accounts.

• Commodities and Options — Trade commodities and options contracts.

• Banks and Other Financial Institutions — Open, use, and close bank accounts; write checks; manage deposits.

• Operation of a Business or Entity — Operate, manage, and make decisions for a business you own.

• Insurance and Annuities — Buy, change, and manage insurance policies and annuities.

• Estates, Trusts, and Beneficial Interests — Act regarding interests in estates, trusts, and similar arrangements.

• Claims and Litigation — Pursue, defend, and settle legal claims and lawsuits.

• Personal and Family Maintenance — Pay for your and your family's customary living expenses.

• Government Benefits — Apply for and manage Social Security, Medicare, and other public benefits.

• Retirement Plans — Manage IRAs, 401(k)s, pensions, and other retirement accounts.

• Taxes — Prepare, sign, and file tax returns and handle tax matters.

3. Durability

This power of attorney is DURABLE. It is not affected by my subsequent incapacity or disability and remains in effect until my death or until I revoke it.

4. When This Power Becomes Effective

This power of attorney is effective immediately upon signing.

5. Agent Compensation

My agent shall serve without compensation but is entitled to reimbursement of reasonable expenses.

6. Reliance by Third Parties

Any person may rely on the authority granted in this document. I agree to indemnify any third party who acts in good-faith reliance on this power of attorney. A copy or electronically transmitted copy has the same effect as the original.

7. Governing Law and Revocation

This power of attorney is governed by the laws of the State of Michigan (Michigan Uniform Power of Attorney Act, 2023 PA 187, MCL 556.201 et seq. (execution: MCL 556.205); replaced repealed Durable POA provisions MCL 700.5501-700.5505 (repeal confirmed by MCL 556.504)). I may revoke it at any time by a signed writing delivered to my agent.

Execution

Signed this ______ day of ____________, 20____.

 

_______________________________________

[PRINCIPAL NAME], Principal

 

WITNESSES (Michigan requires 2):

 

_______________________________________

Witness 1 — signature, printed name, address

 

_______________________________________

Witness 2 — signature, printed name, address

(A witness may not be an agent nominated in the power of attorney. One of the two witnesses may also serve as the notary public (or other officer authorized to take acknowledgments). If the principal directs another individual to sign the principal's name (in the principal's conscious presence), durability still requires either acknowledgment before a notary OR signing before 2 qualifying witnesses.)

 

Email yourself a copy (PDF)

This is a self-help template, not legal advice. A power of attorney is a powerful legal document that lets your agent act for you. This tool helps you assemble a Michigan durable financial POA, but it cannot account for every situation. Read it carefully, follow the signing requirements above exactly, and consult a licensed Michigan attorney if your circumstances are complex (significant assets, business interests, blended families, or estate planning).

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