Georgia Affidavit as to Principal's Competence at Time of Granting Power of Attorney
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How to fill out Affidavit As To Principal's Competence At Time Of Granting Power Of Attorney?
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FAQ
This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
A power of attorney allows an individual to manage the principal's financial and healthcare affairs while that person is still alive. Under Georgia law, when the person passes away, the economic power of attorney immediately ends, with or without will.
In Georgia, power of attorney must meet certain basic requirements, including being signed by the principal, witnesses, and a notary public. There are standardized forms available for financial and health care powers of attorney.
If there is no power of attorney, the person's nearest family member or friend will have the power to make medical decisions for them.
The Due Process in Competence Determinations Act (DPCDA), particularly Prob. C § 810-813, sets the standards for determining whether a person has the capacity to enter into a contract.
