An Oklahoma general power of attorney form grants certain financial powers to an authorized representative (attorney-in-fact). The principal (creator of the document) executes this form when they would like a trusted person to take care of matters such as property management, banking and business transactions, estate and trust affairs, and other important personal and business activities. An appointed attorney-in-fact does not have to be an attorney or any type of legal representation. A principal will usually choose someone close to them that they trust to take actions that will be in the principal’s best interests. A general power of attorney becomes null if the principal becomes incapacitated, unlike a durable power of attorney.
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