Ohio Power of Attorney documents allow for the medical and financial representation of a person through the actions and responsibilities as written in the form. Although it’s primary use is for loved ones who may be entering elderly age who have the possibility of one day not being able to think for themselves. No one can ever know in advance whether he or she will one day become incapacitated due to illness, advanced age, or through an accident.
In Ohio there are two main forms to cover in the chance of mentally incapacity, they are the Durable Power of Attorney for Finances and the Advance Directive (Medical). Under Ohio Law (Chapter 1337 of the Uniform Commercial Code) all documents of this nature must be signed with a notary public’s acknowledgment or two (2) witnesses.
Under State law, the Ohio Durable Power of Attorney, you can name an Attorney-In-Fact, or financial representative, to look after the whole of your assets, business affairs, and any other monetary related decisions on your behalf. Because this person must do everything from paying your monthly bills to managing your business interests, he or she must be someone who has your complete trust. It is wise…
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