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 Georgia power of attorney with a notary public is a legal document that grants someone, known as the "attorney-in-fact", the authority to act on behalf of another person, referred to as the "principal". This power of attorney has the additional requirement of being notarized, meaning it must bear the official seal and signature of a notary public, a state-appointed public official authorized to administer oaths and certify the validity of documents. Types of Georgia Power of Attorney with Notary Public: 1. General Power of Attorney: This type of power of attorney grants the attorney-in-fact broad powers to manage the principal's financial affairs, make business decisions, buy or sell assets, and handle legal matters. It remains in effect until the principal revokes it or becomes incapacitated. 2. Limited Power of Attorney: A limited power of attorney restricts the powers given to the attorney-in-fact to particular actions or for a specific period. For example, it may be used to authorize someone to handle a single financial transaction or sign documents during the principal's absence. 3. Durable Power of Attorney: A durable power of attorney remains effective even if the principal becomes mentally or physically incapacitated. It provides authority for the attorney-in-fact to make decisions on the principal's behalf regarding healthcare, finances, and other personal matters. 4. Medical Power of Attorney: While not a specific type of Ga power attorney with notary public, a medical power of attorney is often executed alongside a general or durable power of attorney. It designates an attorney-in-fact, also known as a healthcare proxy, to make medical decisions on the principal's behalf when they are unable to do so. 5. Springing Power of Attorney: This type of power of attorney "springs" into effect only upon the occurrence of a specific event or condition, as specified in the document. Usually, it becomes effective when a medical professional certifies the principal's incapacity. It is crucial for individuals considering a power of attorney in Georgia with notary public to consult with an attorney to ensure their specific needs and circumstances are appropriately addressed. This legal document can provide peace of mind and a reliable way to designate a trusted individual to handle affairs should the principal become unable to do so.