FreeholdIP

Your Power of Attorney on FreeholdIP

Your attorney has prepared a Power of Attorney for you and made a secure digital record of it that you own and control. Setting up your part takes about two minutes.

⬇ Download this guide as a PDF

What this record is — and isn’t

The signed Power of Attorney your attorney prepared is the legal document. This record travels with it — it doesn’t replace the signed instrument or your attorney’s work. What it adds is a way for anyone you show it to to confirm, on the spot, two things: that it’s genuine (really issued by your firm) and that it’s still in force (not revoked). Think of it as a living, tamper-evident cover sheet for the authority you’ve granted.

Where it helps most

It’s most useful where proving authority is otherwise hard — online accounts, digital assets, and anything self-held, where there’s no clerk and no clear process. With a traditional bank, it supports the paper Power of Attorney — especially the “is this still valid?” question — rather than replacing the bank’s own steps.

Your attorney can also build in who acts if your first agent can’t — naming successor agents and the conditions for a handoff — and, for self-held digital assets, a private inventory and recovery plan that only your chosen successor can open. You don’t set these up; your attorney does, and they travel with the same record. None of it ever holds your keys or money.

Step 1 — Create your identity

Choose an identity name. This becomes your permanent, private identity — what proves this record is yours and no one else’s.

Create your identity →

Step 2 — Save your Recovery Sheet

This is the part that matters most. When you create your identity you’ll receive a Recovery Sheet (twenty-four words) and a login file.

These are the only keys to your identity.

If you lose them, no one — not your attorney, not FreeholdIP — can recover or reset them. Treat the Recovery Sheet like the original of an irreplaceable document:

  • Print it and store it somewhere safe — a fireproof box or a safe-deposit box.
  • Give a copy to your attorney for your client file. As your fiduciary, your attorney already safeguards your most important originals — your will, your deeds — and your Recovery Sheet belongs there too. It’s your backstop if your own copy is ever lost.

Be aware: whoever holds the Recovery Sheet can act as you here — which is exactly why you keep it with the same person you already trust with your will.

Step 3 — Send your identity name to your attorney

After you create it, you’ll see your identity name on the screen. Reply to your attorney with that name, and they’ll finish the document.

Step 4 — Keep your records

Your attorney will send you a link, a QR code, and a copy you can download. You can also download all your records as one file to keep on your computer or phone — it proves itself even with no internet.

What stays true