Ohio Statutory Power of Attorney
I. Purpose
This Power of Attorney is established to enable an individual to designate an agent to manage their affairs if they become unable to do so themselves. By executing this document, the principal intends to ensure that their interests are safeguarded and their affairs are managed effectively according to their wishes.
II. Appointment of Attorney
I, [Your Name], hereby designate [Agent's Name] as my attorney-in-fact to act on my behalf under the terms of this Power of Attorney. I understand the authority granted to my agent and trust them to act in my best interests.
III. Agent's Roles and Responsibilities
Financial Management: The agent shall have the authority to manage the principal's financial affairs, including but not limited to banking transactions, bill payments, investment decisions, and the buying and selling of assets.
Healthcare Decisions: The agent shall have the authority to make healthcare decisions on behalf of the principal, including consenting to or refusing medical treatment, accessing medical records, and consulting with healthcare professionals.
Property Management: The agent shall have the authority to manage the principal's real and personal property, including but not limited to renting, leasing, maintaining, and selling property, as deemed necessary for the best interests of the principal.
Legal Matters: The agent shall have the authority to initiate, defend, settle, or otherwise handle legal matters on behalf of the principal, including signing legal documents, hiring legal counsel, and representing the principal in legal proceedings.
Personal Affairs: The agent shall have the authority to handle any other affairs or duties necessary for the well-being and interests of the principal, as authorized by this Power of Attorney or as may be required under applicable law.
IV. Successor Agent
If the designated agent is unable or unwilling to serve, the principal hereby designates [Successor Agent's Name] as the successor agent. The successor agent shall have the same authority and responsibilities as the original agent and shall act under the terms of this Power of Attorney.
V. Duration and Termination
This Power of Attorney shall remain in effect until terminated by the principal or until the death of the principal. The principal reserves the right to revoke or amend this Power of Attorney at any time, provided that the principal is of sound mind and capable of making such decisions.
VI. Governing Law
This Power of Attorney shall be governed by the laws of the State of Ohio. Any disputes arising out of or related to this Power of Attorney shall be resolved under the laws of Ohio.
VII. SIGNATURES
In witness whereof, the Principal has executed this Power of Attorney on [Date].
Agreed and signed by [Your Name], the Principal.
[DATE]
[AGENT'S NAME]
[DATE]
Witness Acknowledgement
We, the undersigned witnesses, attest that [Your Name] has signed this Power of Attorney in our presence and appears to be of sound mind and under no duress.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE]
Notary Acknowledgement
State of Ohio
County of [County Name]
On this day of , 20, before me, a Notary Public in and for said County and State, personally appeared [Your Name] and [Agent's Name], known to me to be the individuals described in and who executed the foregoing Power of Attorney, and they acknowledged to me that they executed the same for the purposes therein contained.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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