Durable Power Of Attorney Form Ohio Free
The person authorized to represent the principal person who executed the document is called an attorney in fact and they will be handling all or most of the principal s personal finances and business affairs.
Durable power of attorney form ohio free. Ohio durable financial power of attorney form enables a person principal to appoint another person agent whom he or she trusts to handle financial matters this ability usually comes into play when long term planning or precautionary measures must be set in place. The ohio durable power of attorney is a printable document that you complete and provide to a person you choose your agent to receive the power to carry out tasks relating to your finances once your agent has the form they can present it to official entities prior to withdrawing money out of your account s selling your property signing a lease for a rental property and much more. If you have any questions about these powers obtain competent legal advice. They are explained in the uniform statutory form power of attorney act.
Your agent will be able to make decisions and act with respect to your property including your money whether or not you are able to act for. The powers granted by this document are broad and sweeping. Under ohio law chapter 1337 of the uniform commercial code all documents of this nature must be signed with a notary public s acknowledgment or two 2 witnesses. The agent or the attorney in fact will have the powers to legally make decisions related.
In ohio there are two main forms to cover in the chance of mentally incapacity they are the durable power of attorney for finances and the advance directive medical. According to ohio revised code power of attorney act sections 1337 01 to 1337 64 an adult person principal who is of sound mind voluntarily appoints another person agent or attorney in fact to act or make decisions or sign documents on behalf of himself can make use of a power of attorney form. The powers granted by this document are broad and sweeping. The ohio durable power of attorney form is designed to establish continuous representation regarding a person s finances.
Ohio statutory form power of attorney important information this power of attorney authorizes another person your agent to make decisions concerning your property for you the principal. What distinguishes a durable power of attorney from a regular power of attorney is the fact that the power remains in place even if you become incapacitated. The person authorized to represent the principal person who executed the document is called an attorney in fact and they will be handling all or most of the principal s personal finances and business affairs. Ohio general durable power of attorney form.
The powers you grant below are effective only if you become disabled or incompetent. Text version of this form page 1 ohio general durable power of attorney. The powers you grant below are effective only if you become disabled or incompetent.