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Probate Procedure. §58-3005. Execution of power of attorney. A power of attorney must be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.

An Oklahoma durable power of attorney form lets a person (?principal?) choose someone else (?attorney-in-fact?) to have limited or unrestricted power over their finances. This is common when a person is reaching elderly age or would like someone else to handle business matters on their behalf.

A springing durable power of attorney ?springs? into effect when you become incapacitated. However, a springing durable power of attorney does not take effect until you become incapacitated. If a durable power of attorney is not springing, the durable power of attorney will take effect the moment you have signed it.

An Oklahoma durable power of attorney is a power of attorney form that continues to provide your agent with the authority to act on your behalf if you are declared incapacitated. An Oklahoma durable power of attorney can be a financial power of attorney, a general power of attorney, or medical power of attorney.

Last year, on November 1, 2021, the new Oklahoma Uniform Durable Power of Attorney Act took effect, which inadvertently repealed the Oklahoma statutory provisions that authorized executing a durable power of attorney for the purpose of making healthcare decisions.

The most used Oklahoma power of attorney is the medical power of attorney. It is also known as a health care power of attorney. It enables you to appoint someone, referred to as an agent or attorney-in-fact, to make medical decisions on your behalf. However, there are limitations to the medical power of attorney.