This sample form is an Entry Appointing Fiduciary - Letters of Authority document for use in the administration of a decendent's estate in Ohio. Adapt to fit your circumstances. Available in Word, Wordperfect, Rich Text and ASCII formats.
A letter of authority in Ohio is a legal document issued by a person or organization granting another individual or entity the power to act on their behalf. This letter explicitly outlines the assigned responsibilities, permissions, and limitations that the authorized party must follow. One example of a letter of authority in Ohio is when a property owner grants a property management company the authority to handle all rental-related matters, such as lease agreements, tenant screening, rent collection, and property maintenance. This letter would outline the specific tasks the property management company can undertake and the scope of their authority. There are different types of letters of authority in Ohio, each serving a specific purpose depending on the situation: 1. Power of Attorney (POA): This letter authorizes an individual (known as the attorney-in-fact) to make financial, legal, or health-related decisions on behalf of the person granting the power (the principal). For example, a person may grant power of attorney to a trusted family member to handle their financial affairs while they are out of the country. 2. Agent Authorization: This letter appoints an agent to act on behalf of an individual or a business in specific legal or financial matters. For instance, a business owner may authorize an employee to sign contracts or handle business transactions in their absence. 3. Executor Appointment: This letter designates a person as the executor of the estate of a deceased individual. The executor is responsible for managing and distributing the deceased person's assets according to their will or Ohio law. 4. Parental Authorization: A parent or legal guardian may issue a letter of authority to grant permission for another adult to make decisions for their child in specific circumstances. This can include granting temporary guardianship for travel purposes or consenting to medical treatment in emergency situations. In conclusion, a letter of authority in Ohio is a powerful legal tool that grants another individual or entity the power to act on behalf of the issuer. Whether it's assigning property management responsibilities, making legal decisions, handling business transactions, or managing estates, the letter of authority provides clear guidance on the authorized party's scope of authority and responsibilities.