Oklahoma Power Attorney Without Capacity

State:
Oklahoma
Control #:
OK-P010
Format:
Word; 
Rich Text
Instant download

Description

This is a statutory form provided in the Oklahoma Statutes. It is a very broad power of attorney which, depending on how it is completed, can be durable and/or limited. This form allows you to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, business, insurance and other matters for you. This Power of Attorney does NOT provide for health care services.
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  • Preview Statutory General Power of Attorney
  • Preview Statutory General Power of Attorney
  • Preview Statutory General Power of Attorney
  • Preview Statutory General Power of Attorney
  • Preview Statutory General Power of Attorney
  • Preview Statutory General Power of Attorney

How to fill out Oklahoma Statutory General Power Of Attorney?

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Power of Attorney and Living Will / Health Care Directive

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FAQ

An ordinary power of attorney is only valid while you have the mental capacity to make your own decisions. If you want someone to be able to act on your behalf if there comes a time when you don't have the mental capacity to make your own decisions you should consider setting up a lasting power of attorney.

In order to execute a durable power of attorney, a client has to have contractual capacity. Contractual capacity means that the person has the ability to understand the nature and effect of the act and the business being transacted.

One must mention the following details on the Power of Attorney format PDF:The name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.

In order to make a power of attorney, you must be capable of making decisions for yourself. This is called having mental capacity see under heading, When does someone lack mental capacity? You can only make a power of attorney which allows someone else to do things that you have a right to do yourself.

Can I get power of attorney without consent of the donor? No! This is similar to the situation of someone having lost their mental capacity. If someone is lacking in mental capacity, they can't make a valid decision to appoint you as attorney.

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Oklahoma Power Attorney Without Capacity