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Ohio General (Financial) Power of Attorney

An Ohio general (financial) power of attorney form allows a person (principal) to authorize another individual (agent) to handle the principal's financial affairs on their behalf. The agent will have the power to manage, dispose, and accumulate the principal's assets. These powers terminate if the principal becomes incapacitated.
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Updated June 17, 2024

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Laws

  • Statutes – Chapter 1337: Power Of Attorney
  • Authority (R.C. § 1337.42) – An agent under a power of attorney may act on behalf of the principal and exercise broad authority as granted by the agreement.
  • Signing Requirements (R.C. § 1337.25): The principal must have their signature acknowledged in the presence of a notary public.