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Yes, you can name more than one person on your durable power of attorney, but our law firm generally advise against it under most circumstances. First, there is no legal reason why you cannot name more than one person as your power of attorney - you can name 10 people if you want.
It is important that you return the completed EGID Durable Power of Attorney form and the Identification Form by mailing them to EGID, Attn. Member Accounts, P. O. Box 11137, Oklahoma City, OK 73136-9998, or faxing them to EGID Member Accounts, 405-717-8939.
If your agent will manage real estate transactions, the Power of Attorney must be signed by a notary and recorded with the county.
Oklahoma law allows a person to name a preferred guardian for their person or estate in their power of attorney. If protection proceedings are initiated after this, the court usually honors the person's nomination, barring any significant reasons or disqualifications.
You must either sign a document revoking the previously signed Power of Attorney OR you must intentionally destroy the original document. It is suggested but not required to have the document revoking the Power of Attorney notarized.
Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: 1. To the guardian, if one has been appointed for the principal, and a coagent or successor agent; or 2.
Any power of attorney automatically ends at your death. A durable POA also ends if: You revoke it. As long as you are mentally competent, you can revoke your document at any time.
Last year, on November 1, 2021, the new Oklahoma Uniform Durable Power of Attorney Act took effect, which inadvertently repealed the Oklahoma statutory provisions that authorized executing a durable power of attorney for the purpose of making healthcare decisions.