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  1. May 17, 2018 · What is a financial power of attorney? A financial power of attorney (POA) is a legal document an individual (the “principal”) can use to appoint someone (the “agent”) to act on his or her behalf regarding personal, financial and business matters.

  2. Jun 16, 2017 · POA is a legal document that allows a person (referred to as the Donor) to appoint another person (known as the Donee ), which authorises the Donee to act on behalf of the Donor in any dealings of physical or non-physical assets such as land, property, shares or intellectual property.

  3. OHIO STATUTORY FORM POWER OF ATTORNEY. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.

  4. Dec 28, 2023 · 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.

  5. In Ohio, a general or financial power of attorney gives the agent or attorney-in-fact the legal authority and power to act on the principal's behalf in just about any matter. These include opening financial accounts, managing finances, entering into contracts, and selling or buying a property.

  6. Dec 12, 2023 · A POA is a simple document that grants specific powers to someone you trust—called an "agent" or "attorney-in-fact"—to handle certain matters for you. What Types of Powers of Attorney Are Available in Ohio? What Are the Legal Requirements of a Financial POA in Ohio? Steps for Making a Financial Power of Attorney in Ohio.

  7. Financial Power of Attorney (FPOA) is a legal document. It gives someone else (called your "agent") the right to make your financial, business and real estate choices when you can’t. FPOAs are often used by people who can’t manage their finances because they are incapacitated by health problems.