It is considered durable because it remains in effect even after the principal is no longer able to make his or her own decisions due to physical or mental incapacity.
Printable durable power of attorney form ohio.
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.
Free printable durable financial power of attorney forms.
The ohio durable power of attorney form is designed to establish continuous representation regarding a person s finances.
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.
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A durable power of attorney allows you to handle another person s financial decisions on their behalf all decisions made must be to the benefit of the person being represented.
The one thing about the durable form that separates it from the rest is that it remains legal in the event the person being represented can no longer think.
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 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.
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.