Oklahoma Power of Attorney
Are you making full use of the capabilities offered by Oklahoma powers of attorney? Sometimes, you just need to become familiar with something new and different, before you begin to take advantage of what they have to offer. Let us show you how to make use of these amazing little documents.
Several of these powers of attorney belong in your estate plan. These are called durable powers of attorney and are used to insure your medical and financial needs are taken care of if you are ever mentally incapacitated. Durable powers of attorney may never get used, but if they are ever needed it would probably be to late to make any changes. An Oklahoma estate planning attorney could create these documents for you and assure you, that if you ever need them, they would not be declared invalid.
Durable powers of attorney remain effective in the event you are ever declared mentally incompetent. Normal, non-durable, powers of attorney are automatically void should this ever happen. There is a big difference between the two. Your durable powers of attorney are a way of planning for this type of an emergency, while your non-durable powers of attorney are used more in day to day life. When these non-durable powers of attorney are voided, all of the authority is transferred to those you have appointed in your durable powers of attorney.
An option you have when creating any type of power of attorney is when you want it to become effective. This is often used with durable powers of attorney as they are not usually needed at the present time. It is possible, by using a springing durable power of attorney, to make the document effective only if you become incapacitated.
In Oklahoma, the person you are granting powers to is called the attorney-in-fact. This person can be anyone you trust, not just an attorney. In many cases your attorney-in-fact will be your spouse. If you ever get divorced these documents will remain effective. It is a good idea to void all of your powers of attorney, with your spouse listed as an attorney-in-fact, at the time of filing for divorce. If these are neglected they could come back and bite you someday.
Normal, non-durable, powers of attorney are handy for allowing you to be in two places at once. If you are out of town on business at the same time a real estate deal is closing, no problem, leave an Oklahoma real estate power of attorney with your agent, or someone else you trust, and have them sign the documents for you. A vehicle power of attorney can be used to sell a car if you are in another state and not able to sign the title. A babysitter can be given authority to seek medical help for your child with an Oklahoma power of attorney for children.
These Oklahoma power of attorney forms are available at Legal Zoom. They can all be filled out and notarized without the help of an attorney, but for the durable ones, you might at least have them looked over. Mistakes on these forms could be critical, because if they are ever needed, it might be to late to redo them.
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