Power Poa Form With Two Agents
Description
How to fill out 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.
