Power of Attorney Form Ohio

 

(1) Create a trust;

 

(2) Amend, revoke, or terminate an inter vivos trust, even if specific authority to do so is granted to the agent in the trust agreement;

 

(3) Make a gift;

 

(4) Create or change rights of survivorship;

 

(5) Create or change a beneficiary designation;

 

(6) Delegate authority granted under the power of attorney;

 

(7) Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement plan;

 

(8) Exercise fiduciary powers that the principal has authority to delegate.

 

CAUTION: Granting any of the above eight powers will give your agent the authority to take actions that could significantly reduce your property or change how your property is distributed at your death.

 

If you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form.

 

DESIGNATION OF AGENT

 

I, ____________________ (Name of Principal) name the following person as my agent:

 

Name of Agent: ____________________

 

Agent's Address: ________________________________________

 

Agent's Telephone Number: ____________________

 

DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL)

 

If my agent is unable or unwilling to act for me, I name as my successor agent:

 

Name of Successor Agent: ____________________

 

Successor Agent's Address: ________________________________________

 

Successor Agent's Telephone Number: ____________________

 

If my successor agent is unable or unwilling to act for me, I name as my second successor agent:

 

Name of Second Successor Agent: ____________________

 

Second Successor Agent's Address: ________________________________________

 

Second Successor Agent's Telephone Number: ____________________

 

GRANT OF GENERAL AUTHORITY

 

I grant my agent and any successor agent general authority to act for me with respect to the following subjects as defined in the Uniform Power of Attorney Act (sections 1337.21 to 1337.64 of the Revised Code):

 

(INITIAL each subject you want to include in the agent's general authority. If you wish to grant general authority over all of the subjects you may initial "All Preceding Subjects" instead of initialing each subject.)

 

(____) Real Property

 

(____) Tangible Personal Property

 

(____) Stocks and Bonds

 

(____) Commodities and Options

 

(____) Banks and Other Financial Institutions

 

(____) Operation of Entity or Business

 

(____) Insurance and Annuities

 

(____) Estates, Trusts, and Other Beneficial Interests

 

(____) Claims and Litigation

 

(____) Personal and Family Maintenance

 

(____) Benefits from Governmental Programs or Civil or Military Service

 

(____) Retirement Plans

 

(____) Taxes

 

(____) Digital Assets

 

(____) All Preceding Subjects

 

(____) My agent shall have access to the content of electronic communications sent or received by me.

 

LIMITATION ON AGENT'S AUTHORITY

 

An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to benefit the agent or a person to whom the agent owes an obligation of support unless I have included that authority in the Special Instructions.

 

SPECIAL INSTRUCTIONS (OPTIONAL)

 

You may give special instructions on the following lines:

 

______________________________________________________________________

 

______________________________________________________________________

 

EFFECTIVE DATE

 

This power of attorney is effective immediately unless I have stated otherwise in the Special Instructions.

 

NOMINATION OF GUARDIAN (OPTIONAL)

 

If it becomes necessary for a court to appoint a guardian of my estate or my person, I nominate the following person(s) for appointment:

 

Name of Nominee for guardian of my estate: ____________________

 

Nominee's Address: ________________________________________

 

Nominee's Telephone Number: ____________________

 

Name of Nominee for guardian of my person: ____________________

 

Nominee's Address: ____________________

 

Nominee's Telephone Number: ____________________

 

RELIANCE ON THIS POWER OF ATTORNEY

 

Any person, including my agent, may rely upon the validity of this power of attorney or a copy of it unless that person knows it has terminated or is invalid.

 

 

 

SIGNATURE AND ACKNOWLEDGMENT

 

Your Signature: ____________________________ Date: ____________________

 

Your Name Printed: ____________________________

 

Your Address: ________________________________________

 

Your Telephone Number: ____________________

 

State of Ohio

 

County of ____________________

 

This document was acknowledged before me on ____________________, 20____, by

 

____________________ (Name of Principal).

 

Signature of Notary: ____________________________

 

My commission expires: ____________________

 

This document prepared by: ____________________

 

IMPORTANT INFORMATION FOR AGENT

 

Agent's Duties

 

When you accept the authority granted under this power of attorney, a special legal relationship is created between you and the principal. This relationship imposes upon you legal duties that continue until you resign or the power of attorney is terminated or revoked. You must:

 

(1) Do what you know the principal reasonably expects you to do with the principal's property or, if you do not know the principal's expectations, act in the principal's best interest;

 

(2) Act in good faith;

 

(3) Do nothing beyond the authority granted in this power of attorney;

 

(4) Attempt to preserve the principal's estate plan if you know the plan and preserving the plan is consistent with the principal's best interest;

 

(5) Disclose your identity as an agent whenever you act for the principal by writing or printing the name of the principal and signing your own name as "agent" in the following manner:

 

(Principal's Name) by (Your Signature) as Agent

 

Unless the Special Instructions in this power of attorney state otherwise, you must also:

 

(1) Act loyally for the principal's benefit;

 

(2) Avoid conflicts that would impair your ability to act in the principal's best interest;

 

(3) Act with care, competence, and diligence;

 

(4) Keep a record of all receipts, disbursements, and transactions made on behalf of the principal;

 

(5) Cooperate with any person that has authority to make health-care decisions for the principal to do what you know the principal reasonably expects or, if you do not know the principal's expectations, to act in the principal's best interest.

 

Termination of Agent's Authority

 

You must stop acting on behalf of the principal if you learn of any event that terminates this power of attorney or your authority under this power of attorney. Events that terminate a power of attorney or your authority to act under a power of attorney include:

 

(1) The death of the principal;

 

(2) The principal's revocation of the power of attorney or your authority;

 

(3) The occurrence of a termination event stated in the power of attorney;

 

(4) The purpose of the power of attorney is fully accomplished;

 

(5) If you are married to the principal, a legal action is filed with a court to end your marriage, or for your legal separation, unless the Special Instructions in this power of attorney state that such an action will not terminate your authority.

 

Liability of Agent

 

The meaning of the authority granted to you is defined in the Uniform Power of Attorney Act (sections 1337.21 to 1337.64 of the Revised Code). If you violate the Uniform Power of Attorney Act or act outside the authority granted, you may be liable for any damages caused by your violation.

 

If there is anything about this document or your duties that you do not understand, you should seek legal advice.

 

 

 

 

AGENT'S CERTIFICATION AS TO THE VALIDITY OF POWER OF ATTORNEY AND AGENT'S AUTHORITY

State of Ohio

County of ____________________

I, ____________________ (Name of Agent), certify under penalty of perjury that ____________________ (Name of Principal) granted me authority as an agent or successor agent in a power of attorney dated ____________________, 20____.

I further certify that to my knowledge:

SIGNATURE AND ACKNOWLEDGMENT

Agent’s Signature: ____________________________ Date: ____________________

 

Agent’s Name Printed: ____________________________

 

Agent’s Address: ________________________________________

 

Agent’s Telephone Number: ____________________

 

State of Ohio

 

County of ____________________

 

This document was acknowledged before me on ____________________, 20____, by

 

____________________ (Name of Agent).

 

Signature of Notary: ____________________________

 

My commission expires: ____________________

 

This document prepared by: ____________________