Ohio Durable Power of Attorney Form
The Ohio Durable Power of Attorney is a printable document that you complete and provide to a person you choose (your “agent”) to receive the power to carry out tasks relating to your finances. Once your agent has the form, they can present it to official entities prior to withdrawing money out of your account(s), selling your property, signing a lease (for a rental property), and much more. Don’t worry, however – the agent won’t have unconstrained power to ransack your investments and other assets – they’re limited to what is specifically written in the POA.
The form must contain the name of your agent, their signature, and the power(s) you wish to provide them. Being a springing type of durable POA, it remains dormant until you (the principal) enter into a state of incapacity (not being able to communicate your wishes). Because of its dormant state, it can be written anytime in one’s adult life, and is used as more of a safe keep should anything happen to you unexpectedly.
Laws: § 1337.24
Statutory form: § 1337.60
Signing requirements: The principal’s signature must be notarized, and the agent needs to sign the POA.