Free Fillable Oklahoma Durable Power of Attorney Form
A durable (financial) power of attorney is a document used to help individuals secure their finances. In some cases, the document’s creator (principal) will act due to a recently diagnosed illness or as they grow older. Other circumstances could call for an Oklahoma durable power of attorney form, like the need to execute a professional as attorney-in-fact to carry out business regarding tax documents or real estate owned by the principal. In any case, because the legal power of attorney form deals with the principal’s personal finances, they should choose their attorney-in-fact, making sure that they chose someone responsible and trustworthy.
Therefore, the powers granted to the selected attorney-in-fact vary, and in some cases, are limited to the principal’s specifications. The spectrum in which the attorney-in-fact can possibly include but is not limited to:
- The power to buy, sell, or refinance property assets
- The control of personal bank accounts
- Decisions to act on behalf of the principal regarding business
- Management of the principal’s assets
Oklahoma power of attorney templates – find out more about some other powers of attorney common in Oklahoma.