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The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
A Power Of Attorney Doesn't Address What Happens to Assets After Your Death. A power of attorney ends at your death, so it does not do anything to protect your wealth after you are gone or to facilitate the timely transfer of assets to loved ones.
Yes. You may obtain a Power of Attorney form from one of our offices or our web site under Auto Title Forms. Whoever is giving power of attorney must sign this form in the presence of a notary.
Here are the basic steps to make your Ohio power of attorney: Decide which type of power of attorney to make. ... Decide who you want to be your agent or surrogate. ... Decide what powers you want to give your agent or surrogate. ... Get a power of attorney form. ... Complete the form, sign it, and then have it notarized or witnessed.
A power of attorney(POA) is a document giving someone permission to do something for someone else. It gives another person the legal authority to act on your behalf. You may record your power of attorney at your local county Recorder's Office, but you don't have to.