Power Poa Form With Two Agents

Category:
State:
Oregon
Control #:
OR-P024-PKG
Format:
Word; 
Rich Text
Instant download

Description

This Power of Attorney Package contains Power of Attorney forms that allow you to make decisions about your finances, healthcare, and the care of minor children. The following forms are included:



1. General Durable Power of Attorney for Property and Finances Effective Upon Disability

2. General Durable Power of Attorney for Property and Finances Effective Immediately

3. Power of Attorney for Care and Custody of Children

4. Statutory Advance Health Care Directive

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  • Preview Oregon Power of Attorney Forms Package
  • Preview Oregon Power of Attorney Forms Package
  • Preview Oregon Power of Attorney Forms Package
  • Preview Oregon Power of Attorney Forms Package

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FAQ

The answer is generally no, unless you have a specific reason and considered the potential problems. The reason why we do not advise more than one is in the event of a conflict. With multiple named attorneys-in-fact, there is always the ability for people to conflict on decisions.

A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care. A limited power of attorney restricts the agent's power to particular assets.

Your parents' next of kin (a spouse, you, other siblings etc) cannot just take control of their finances or make health-related decisions. The only person who can do this legally is the nominated power of attorney.

If power of attorney co-agents disagree on a financial decision and the principal is mentally competent and not physically incapacitated, then the principal's decision supersedes the representatives. The principal also has the authority to revoke an agent's authority.

You can choose one or more people to be your attorney. If you appoint more than one, you must decide whether they'll make decisions separately or together.

Interesting Questions

More info

The process takes less than an hour, and you can complete it from the comfort of your home. Answer Some Questions.This form gives your agent very broad powers to act in your name. Use it carefully and with caution. The designation of co-agents should indicate whether you wish to have the majority act in the absence of full availability and agreement. Sample Colorado Statutory Form Power of Attorney for Property. 23-1. Designation of Attorney-in-Fact (Agent). The grantor is called the principal. The person that holds the authority for another is called the agent. Complete a separate form for each additional account for which you wish to authorize your Agent to act.

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Power Poa Form With Two Agents