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OHIO STATUTORY FORM POWER OF ATTORNEY. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). 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 yourself.
Use this form to create a Financial Power of Attorney to name someone else as your financial "agent" in Ohio.
The law now includes a statutory form with language designed to help prevent agents from abusing their power. The form lists actions that an agent may not take and includes a section called “Important Information for Agent,” describing in plain English the agent’s duties and responsibilities.
Ohio power of attorney forms legally authorize an attorney-in-fact to make financial and medical decisions for the person who executes the document (principal). The powers can be general in nature or very specific, depending on the type of power of attorney document executed.
Fill out the FPOA form. Read it carefully and initial next to the rights you want your agent to have. Examples include rights over your real estate, “tangible property” like cars, bank accounts or your government benefits. Sign the form.
General (Financial) Power of Attorney – This also grants financial authority over the principal’s assets and property, but it terminates automatically upon the principal’s incapacitation. Download: PDF, MS Word, OpenDocument. Signing Requirements: Notary public. [1]
Steps for Making a Financial Power of Attorney in Ohio 1. Create the POA Using a Statutory Form, Software, or Attorney. Ohio offers a statutory form (a form drafted by the state legislature) with blanks that you can fill out to create your POA.
The Ohio Durable (Financial) Power of Attorney is generally considered the most common type of POA executed, allowing the primary party to assign various financial matters to another person (known as the “agent” or “attorney-in-fact”).
An Ohio general (financial) power of attorney form allows a person (principal) to authorize another individual (agent) to handle the principal's financial affairs on their behalf. The agent will have the power to manage, dispose, and accumulate the principal's assets.
Appoint a trusted person to manage your finances using FindLaw’s attorney-created forms and easy step-by-step process. View sample Ohio power of attorney template. Choose your Ohio power of attorney options. Designate someone you trust to manage your finances or property with a power of attorney.