An Ohio durable power of attorney form is designed to establish continuous representation regarding a person’s finances. The person authorized to represent the principal (person who executed the document) is called an attorney-in-fact and they will be handling all (or most) of the principal’s personal finances and business affairs. The “durable” element of this power of attorney means the attorney-in-fact’s powers continue throughout the principal’s life, even if they become incapacitated. As long as the attorney-in-fact is a trustworthy representative, the principal can feel a little more at ease knowing that their affairs will be in order if they are unable to make important life decisions for themselves.
“Durable” Definition – § 1337.22(B)
Laws – § 1337.24
Signing Requirements – Notary Public (§ 1337.25)