Oregon General (Financial) Power of Attorney Form

The Oregon General (Financial) Power of Attorney is a contract that clarifies how an Agent  should act when they are representing a Principal to complete financial transaction/s on their behalf. The Principal and Agent should both recognize that due to the provisions regarding the “general” nature of this Power of Attorney, any authority and decision making powers that have been bestowed to the Agent will be stripped away if the Principal one day enters into a state of incapacity. Until such circumstances arise (that is, if they ever do), the Agent will be legally empowered to act on the Principal’s behalf insofar as the contact provides or until the Principal revokes the contract.