In Ohio, a proxy usually needs to be signed by you, and while a notary isn’t always necessary, having one can help ensure everything is above board.
If you don’t set up any proxy, someone else might make decisions for you, and it might not be someone you trust or who knows your wishes.
Absolutely! If you’ve set up a revocable proxy, you can change it whenever you want by creating a new one.
You’ll need to write a clear document stating your wishes, designating your proxy, and then sign it, sometimes in front of a witness or a notary.
An irrevocable proxy might be best when you want to ensure someone has authority without the risk of being able to revoke it easily, like in long-term agreements.
If you want the freedom to change your mind later on who makes decisions for you, a revocable proxy is the way to go.
A revocable proxy can be changed or canceled anytime before it’s used, while an irrevocable proxy, once given, cannot be altered or revoked.
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