Durable Unlimited Power Of Attorney Form

Category:
State:
Ohio
Control #:
OH-LR046
Format:
Word; 
Rich Text
Instant download

Description

This unlimited power of attorney will give the person whom you designate (your "attorney-in-fact") broad powers to handle your finances and property, which includes powers to encumber.
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FAQ

A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care. A limited power of attorney restricts the agent's power to particular assets.

General power of attorney With a general power of attorney, you authorize your agent to act for you in all situations allowed by local law. This includes legal, financial, health, and business matters. General POAs can be durable or non-durable, depending on your preferences.

A durable power of attorney refers to a power of attorney which typically remains in effect until the death of the principal or until the document is revoked.

A special power of attorney allows a person (the principal) to authorize another individual (the agent) to make legal decisions on their behalf. The agent can act on behalf of the principal only under specific, clearly defined circumstances.

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Normal Powers of Attorney terminate if and when the Principal becomes unable to act -- due, for example, to Alzheimer's disease. The doctor must provide a written statement certifying this finding of incapacity.The POA is often used when the principal can't be present to sign necessary legal documents for a financial transaction.

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Durable Unlimited Poa