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Unless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you. Your agent is entitled to reasonable compensation unless you state otherwise in the Special Instructions.

You must have the mental capacity to establish a POA, meaning you grasp what it is and the implications of setting one up. The person you choose as your agent must also be 18 or older and have mental capacity. Your power of attorney document must be signed in front of a notary public or by two competent witnesses.

A simple way of obtaining a power of attorney in Ohio for financial matters is to use the Statutory Form Power of Attorney that was created by the Ohio legislature. This form may be found in Section 1337.60, ORC.

How to Set Up Power of Attorney for an Elderly Parent Decide on which type of POA you need. Determine who will serve as an agent. Get a power of attorney form. Complete the form and sign it in front of a witness. Create copies of the POA form. Store the POA form in a safe place. Update the POA as necessary.

An advance healthcare directive, also known as living will, personal directive, advance directive, medical directive or advance decision, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or ...

Advance directives are legal documents that extend a person's control over health care decisions in the event that the person becomes incapacitated. They are called advance directives because they communicate preferences before incapacitation occurs.