Talk to the person whom you want to assist in managing personal property and finances about the benefits of a power of attorney. Specifically identify the area where you believe he could use your assistance, such as making bank deposits, paying monthly bills and tending to day to day living needs. Confirm that he agrees with you about the need for a power of attorney and is willing to sign the appropriate document.
Locate a power of attorney form that is authorized for use in New Mexico. The legislature has enacted laws regarding an approved form, set forth in the New Mexico Code, Chapter 46B, Section 1-301. Forms are also available from online legal document providers.
Prepare the power of attorney form by inserting the required information. You will need basic identifying information -- i.e. name and address -- for yourself and the person granting the power of attorney. You must also indicate on the form the property subject to the power, such as real property, personal property or bank accounts. The form also identifies eight specific powers not granted to you by the power of attorney, unless the form specifically indicates these powers are being granted. Such powers include making a living trust and delegating authority under the power of attorney to another person.
Obtain the services of a notary public to notarize the signature of the person granting the power of attorney. Under New Mexico law, a notarized signature on a power of attorney is presumed to be valid.