Ohio General (Financial) Power of Attorney
An Ohio general (financial) power of attorney form enables an individual (the principal) to designate another person (the agent) to manage their financial matters. The agent is granted authority to oversee, liquidate, and grow the principal's assets. However, these powers will cease if the principal becomes incapacitated.
Signing Requirements
Notary public.
Laws
Durable - A power of attorney is durable unless it expressly provides that it is terminated by the incapacity of the principal.[1]
Incapacity - Means the inability of a person to manage their property or business affairs because of an impairment, is missing, detained (incarcerated), or is outside the United States and is unable to return.[2]
Signing Requirements - Must be notarized.[3]
Sources
Notice
The information and templates provided on this website are for general informational purposes only and are not a substitute for professional legal advice. While we strive to offer accurate and up-to-date forms, the legal landscape is complex and varies by jurisdiction. We strongly recommend that you consult with a qualified attorney for specific legal issues or questions. Using our templates does not create an attorney-client relationship, and we are not responsible for any actions taken based on the information provided here.
The Significance of POA
