Ohio power of attorney forms legally authorize an attorney-in-fact to make financial and medical decisions for the person who executes the document (principal). The powers can be general in nature or very specific, depending on the type of power of attorney document executed. A principal can create a document that will allow a representative to make decisions on their behalf when they become unable to do so themselves (due to a disability or other incapacitation). In most cases, however, the power of attorney document becomes ineffective immediately upon the principal’s inability to make competent decisions. While it may seem that an “attorney-in-fact” should be someone who practices law, an appointed representative to a power of attorney document is more often than not the principal’s spouse, a relative, or a close friend or associate.
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An Ohio durable power of attorney form is designed to establish continuous representation regarding a person’s finances. The person authorized to represent the principal (the 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. The “durable” element of this power of attorney means the attorney-in-fact’s powers continue throughout the…
