Attorney-Verified General Power of Attorney Form for the State of Oklahoma Create This General Power of Attorney Now

Attorney-Verified General Power of Attorney Form for the State of Oklahoma

A General Power of Attorney form is a legal document that grants an individual the authority to act on behalf of another person in various matters, including financial and legal decisions. This form is particularly useful for individuals who may be unable to manage their affairs due to illness, absence, or other circumstances. In Oklahoma, specific requirements and guidelines govern the use of this form to ensure that it is valid and effective.

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The Oklahoma General Power of Attorney form is a vital legal document that allows individuals to designate someone else to make decisions on their behalf. This authority can cover a wide range of financial and legal matters, including managing bank accounts, signing contracts, and handling real estate transactions. By granting this power, the principal— the person creating the document— can ensure that their interests are protected even if they become incapacitated or unable to make decisions. It is important to note that the powers granted can be broad or limited, depending on the principal's preferences. Additionally, the form must be signed and notarized to be valid, which adds a layer of security and authenticity. Understanding the implications of this document is crucial, as it not only facilitates the management of affairs but also carries significant responsibilities for the appointed agent. Properly executing this form can provide peace of mind, knowing that trusted individuals will be in charge of important decisions when needed.

Sample - Oklahoma General Power of Attorney Form

Oklahoma General Power of Attorney

This General Power of Attorney ("Agreement") is made this _____ day of _______________, 20____, by and between the following parties:

Principal:
Name: ___________________________________________________
Address: _________________________________________________
City, State, ZIP: _________________________________________
Phone Number: ___________________________________________

Agent:
Name: ___________________________________________________
Address: _________________________________________________
City, State, ZIP: _________________________________________
Phone Number: ___________________________________________

WHEREAS, the Principal wishes to grant general authority to the Agent as set forth in this document, in accordance with the Oklahoma General Durable Power of Attorney Act, allowing the Agent to act on the Principal's behalf in various capacities as detailed herein.

The Principal hereby appoints the named Agent to act for the Principal in any lawful way regarding the following matters to the extent allowed by law:

  1. Real Property Transactions
  2. Tangible Personal Property Transactions
  3. Stock and Bond Transactions
  4. Commodity and Option Transactions
  5. Banking and Other Financial Institution Transactions
  6. Business Operating Transactions
  7. Insurance and Annuity Transactions
  8. Estate, Trust, and Other Beneficiary Transactions
  9. Claims and Litigation
  10. Personal and Family Maintenance
  11. Benefits from Social Security, Medicare, Medicaid, or other governmental programs, or military service
  12. Retirement Plan Transactions
  13. Tax Matters

This General Power of Attorney is effective immediately upon execution and will continue to be effective even if the Principal becomes disabled or incapacitated, unless it is revoked by the Principal or until the Principal passes away.

To revoke this General Power of Attorney, a written notice must be made by the Principal and delivered to the Agent.

This document is intended to be valid in the state of Oklahoma, and the powers granted here may be subject to restrictions or limitations as provided by law.

IN WITNESS WHEREOF, the Principal has executed this General Power of Attorney on the date first above written.

_____________________________
(Signature of Principal)

_____________________________
(Printed Name of Principal)

State of Oklahoma
County of ___________________

Subscribed and sworn (or affirmed) before me on this _____ day of _______________, 20____, by _______________________, who is personally known to me or has produced identification.

_____________________________
(Notary Public)

My Commission Expires: _____________

Form Specifics

Fact Name Details
Definition A General Power of Attorney allows an individual (the principal) to appoint another person (the agent) to make decisions on their behalf.
Governing Law The Oklahoma General Power of Attorney is governed by Title 58, Section 1071 et seq. of the Oklahoma Statutes.
Durability This form can be made durable, meaning it remains effective even if the principal becomes incapacitated, provided that it is explicitly stated in the document.
Agent's Authority The agent can be granted broad powers, including managing financial affairs, real estate transactions, and legal matters.
Revocation The principal can revoke the General Power of Attorney at any time, as long as they are mentally competent to do so.
Signing Requirements The form must be signed by the principal and acknowledged by a notary public to be valid in Oklahoma.
Limitations Certain actions, such as making healthcare decisions, may require a separate document, such as a Medical Power of Attorney.
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