A durable power of attorney form is used to grant the power to oversee financial matters to another individual. The creator of such a document, referred to as the principal, will select an attorney-in-fact that will act on their behalf based on the specification pointed out in the legal document. Citizens of Ohio can create an Ohio durable power of attorney form to create a detailed list of the areas involving their personal financial matters in which their chosen agent may act. Due to the sensitive nature and the powers granted in managing the principal’s finances, the principal should carefully select the individual to deem their attorney-in-fact.
Included in the powers granted to the chosen attorney-in-fact are:
- To oversee and manage the personal finances of the principal
- Buy, sell, or refinance the property
- Take care of any business matter on behalf of the principal
- Managing and allocating the principal’s life’s earning
The chosen attorney-in-fact will have the powers granted to them for the time specified within the power of attorney form. If not specified, they will maintain their rights even if the principal is to become disabled or mentally unstable.
Ohio power of attorney forms – this section will allow you to discover more about some other powers of attorney that can be used in Ohio.
When creating the POA form, the principal must follow the guidelines outlined in the Ohio Signing Requirements § 1337.60. For the Ohio power of attorney form to hold legal value, it must be completed as close to the statute as possible. It must have all of the required signatures and certifications as set forth in the specifications. Among the requirements outlined in the Ohio law, medical POA creators must consider the following:
1. The Ohio durable POA must include:
- Full legal information about the creator of the document
- Information and full disclosure of their chosen attorney-in-fact
- Specifications as to which areas the attorney-in-fact is allowed to oversee
- Information about the additional agent(s) if the principal chooses to include them
2. As mentioned above, the document must be signed and certified according to the laws set forth by Ohio POA-related statutes. This includes signing and dating in the presence of a notary public for full legal recognition.
3. If there is any real estate included in the POA, the principal will need to make sure that they are registered with the Registrar’s office before the attorney-in-fact takes any buying, selling, or refinancing actions.
Filling out the Ohio Durable POA
The legal nature of most documents requires that they follow specific guidelines when created and certified. Using our free Ohio power of attorney form, the creator (principal) will have all of the required pieces in creating the document. Apart from detailed information about each section, they will find blank spaces for all signatures required to make sure none are missed.
Printing and Filling out the Form
With the durable proxy, the principal will need to add all of the requested information in the document. This includes all information about themselves and their chosen attorney-in-fact and any specifications they wish to outline in the document.
The principal has the legal right to grant or deny the attorney-in-fact access to certain areas of their financial and business matters. If the principal does not want to allow the agent access, they will need to specify their wishes in writing. This could concern any business, property, or assets owned by the principal and will limit or grant the agent the rights to act on the principal’s behalf.
Signing and Dating
To finalize the document and deem it legally binding, the principal will need to sign under the laws mentioned above. The state of Ohio requires that the creator sign a POA in the presence of a notary public, making sure that they add their seal and their state and county along with their signature. With all these elements included, the document can be used when necessary until it is annulled or the principal dies.
The principal is urged to keep a copy in their possession and create one for their chosen agent to access it when needed. This document will need to be presented by the agent to perform any duties mentioned in it.
Other Ohio Forms By Type
Other Durable Power of Attorney Forms By State
- AZ durable power of attorney
- California durable power of attorney
- CO durable power of attorney
- Florida durable power of attorney
- Georgia durable POA
- Illinois durable POA document
- Indiana durable power of attorney
- Kansas durable POA for financial matters
- Maryland durable POA form
- MA durable power of attorney
- Michigan durable power of attorney
- Missouri durable POA form
- NJ durable power of attorney
- NY durable power of attorney
- NC durable power of attorney
- Oklahoma durable POA form
- Oregon durable power of attorney
- Pennsylvania durable POA form
- SC durable POA for financial matters
- Tennessee durable power of attorney
- Texas durable power of attorney
- Virginia durable POA form
- WA State durable power of attorney