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A Kentucky Power of Attorney is a legal document that allows an individual to grant authority over another to make legal business, medical, or financial decisions. In these cases, the individual who is granting these decision-making powers is called the Principal, while the appointed person charged with making these decisions is referred to as the Agent. In Kentucky, power of attorney documents are covered by Chapter 457 of the Kentucky Revised Statutes, which require a Principal to be capable of making decisions on his own when a power of attorney is being created. Furthermore, these statutes require a power of attorney to be in writing, dated, and signed by the Principal and two (2) adult witnesses. These statutes will also cover the use of a secondary Agent. Chapter 457 also states that if two (2) or more agents are assigned to conduct the same tasks, their decisions must be unanimous.
In order to complete a Kentucky Power of Attorney, the Principal needs just a few pieces of information. First, he or she will need to provide their first and last name along with their complete address. Next, the Principal will provide the Agent's name and contact information. This will include his or her first and last name, current address, and telephone number. Next, the Principal will specify the powers that he or she is granting to the Agent. These powers can be limited, or can be broad; this depends entirely on the Principal's wishes. Once these duties have been assigned to the Agent, the Principal will sign the power of attorney form, followed by two (2) competent witnesses so the document may then take effect.