Statutory form power of attorney.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill updates the standard form for California statutory powers of attorney to include more comprehensive authority over digital assets. It allows for the appointment of successor agents and the delegation of powers related to electronic communications, such as access to catalogs and control over the content of those communications. The bill also references the Revised Uniform Fiduciary Access to Digital Assets Act for definitions related to digital assets.
Key provisions
- Allows for the appointment of successor agents.
- Authorizes the granting of power over digital assets, including access to electronic communication catalogs.
- Permits the granting of power over the content of electronic communications sent or received.
- Specifies that digital asset powers are defined according to the Revised Uniform Fiduciary Access to Digital Assets Act.
- Revises the statutory form to align with the Probate Code.
- Includes options for designating agents to act jointly or separately.
- Provides a checklist for selecting specific powers to grant.
- Allows for special instructions regarding the scope of the agent's authority.
Who is affected
- Individuals creating powers of attorney
- Family members and legal representatives of individuals creating powers of attorney
- Financial institutions
- Digital asset custodians
- Estate planning attorneys
Bill text
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Sponsors
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1 on record
Primary sponsor
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