Legal Question in Business Law in Wyoming

Re: Durable General Power or Attorney

Your question is a little hard to understand. Your daughter, a Wyoming resident and domicillary, would need to execute a POA in Wyoming to deal with her financial affairs and assets located in Wyoming. She signs it, not the attorney-in-fact/agent she is appointing. With respect to forming/starting a business, it may be better to simply form a separate legal entity, such as an LLC or corporation and appoint/elect you to be the manager/chief operating officer for the company with the authority to handle the day to day financial affairs of the company. Your daughter could be the sole member/shareholder. You would also have other advantages such as limited liability and perhaps some tax benefits to forming a separate legal entity. That entity could be formed in Wyoming and then registered to do business in Nevada or visa versa. If the POA is meant to simply give you the power to deal with business affairs for a start up company, going the route of forming a separate legal entity is probably best. I recommend consulting with a reputable CPA to get some tax advice as well - there may be tax benefits to forming an entity in Nevada as opposed to another state.