Insert Pages To Legal Oregon Durable Power Of Attorney Forms For Free

In Oregon, ?power of attorney? usually means a durable financial power of attorney. When you sign a durable financial power of attorney, you authorize someone else (called the agent or the attorney-in-fact) to manage your finances and to conduct business for you.

The difference has to do with whether the powers remain effective after the onset of a disability. That is, the regular power of attorney ceases to be effective if you become disabled, whereas the ?durable? power of attorney continues to be effective despite your subsequent disability.

An Oregon durable power of attorney form lets an individual, the ?principal,? choose another person to handle their financial affairs on their behalf. The person selected, the ?agent?, should be a trusted person and is required to make all decisions to the benefit of the principal.

In Oregon, ?power of attorney? usually means a durable financial power of attorney. When you sign a durable financial power of attorney, you authorize someone else (called the agent or the attorney-in-fact) to manage your finances and to conduct business for you.

Does a Power of Attorney in Oregon Need to Be Notarized? No, OR Powers of Attorney don't require a notary public to oversee the signing of the document by the Principal and Agent. Instead, 2 witnesses must also be present when the document is signed in order to legally validate it.

While Oregon's power of attorney laws are silent on notarization, signing your POA in the presence of a notary public is very strongly recommended. Many financial institutions will not want to rely on a POA unless it has been notarized?a process that helps to authenticate the document.