This is a statutory form provided for in the Georgia Code that allows you to name one or more persons to help you handle your financial affairs. It grants your attorney in fact (your agent) VERY broad powers with regard to your property and finances. This Power of Attorney does NOT provide for health care services. As long as you are living, the financial power of attorney will remain in effect even if you become incapacitated or unable to communicate your wishes unless a guardian is appointed for your property or you include a date or specific occurrence when you want your document to be canceled.
A power of attorney (POA) is a legal document granting an individual, known as the "principal," the authority to appoint another person, referred to as the "attorney-in-fact" or "agent," to act on their behalf in various financial, legal, or healthcare matters. In the state of Georgia, it is important to execute a power of attorney form with notary to ensure its validity and enforceability. 1. Georgia Power of Attorney Form: The Georgia Power of Attorney Form is a comprehensive legal document that allows an individual to grant authority to an agent to act on their behalf in managing their affairs. It provides for various powers such as financial management, real estate transactions, healthcare decisions, and more. By getting this form notarized, it gains authenticity and legitimacy. 2. Georgia Durable Power of Attorney: A durable power of attorney in Georgia is similar to the general power of attorney, but it remains effective even if the principal becomes incapacitated or mentally incompetent. This type of power of attorney offers peace of mind, ensuring that the agent can continue acting in the principal's best interest even if they are unable to make decisions for themselves. 3. Georgia Limited Power of Attorney: The Georgia Limited Power of Attorney form grants a specified agent limited powers, typically for a specific transaction or a designated period. It allows the agent to handle specific matters, such as selling a property, managing investments, or making healthcare decisions for a limited duration. 4. Georgia Medical Power of Attorney: The Georgia Medical Power of Attorney, also known as an Advance Healthcare Directive, grants an agent the authority to make medical decisions on behalf of the principal in case they become incapacitated or are unable to communicate their preferences. It allows the agent to work closely with medical professionals and ensure the principal's healthcare wishes are respected. 5. Georgia Financial Power of Attorney: The Georgia Financial Power of Attorney enables the authorized agent to manage the principal's financial matters, including banking transactions, tax filings, real estate transactions, and more. This form empowers the agent to act responsibly and diligently in handling the principal's financial affairs. When executing any type of power of attorney form in Georgia, it is crucial to have it notarized. A notary public, who is an impartial witness appointed by the state, will validate the document by verifying the identity of the principal and witnessing their signature. This step adds an extra layer of authenticity, ensuring the power of attorney form holds legal weight and can be legally enforced.
