What is NOT a requirement to be a donor in a power of attorney?

In the context of a power of attorney, the requirement of being a legal resident of the country is not universally mandated. The essential elements that typically define an individual's eligibility as a donor in a power of attorney arrangement focus on age, mental competency, and comprehension of the powers being granted.

Being at least 18 years old ensures that the donor has reached the age of majority, where they are recognized as having the legal capacity to make binding decisions. Mental competency is crucial, as it indicates that the donor understands the implications of the authority they are delegating, ensuring that their choices are made voluntarily and with full awareness of potential consequences. Lastly, the requirement to understand the powers granted reflects the need for donors to be informed participants in the process, allowing them to make educated decisions about whom they trust to act on their behalf.

In contrast, legal residency may vary based on jurisdiction; some laws may allow individuals who are not residents but possess the requisite competency and understanding to establish a power of attorney. Therefore, while residency may be a factor for applicable jurisdictional laws, it is not a fundamental requirement for being a donor in the context of a power of attorney.