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Oklahoma Power of Attorney Forms

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An Oklahoma power of attorney comes in many different forms depending upon the situations in which they are used. Although there are different forms and circumstances, thsv-servis24.ru all lead to the same outcome: namely to allow you to appoint someone you trust act in your behalf in a given situation because you are unavailable or unable to do so for yourself.  Some of thsv-servis24.ru provide for appoint of broad authority, while others are for discreet, limited situations. It is important in all cases to consider carefully your choice of agent due to the sensitive nature of their role as well as to review all of the documents carefully to make sure you download the one that applies directly to your situation. Oklahoma has enacted the Uniform Power of Attorney statute under .

Types

Durable Power of Attorney – Allows a person to appoint someone to handle their general financial affairs. This is often used in long term planning situations where a person wants to make sure they have someone they trust in place to handle their matters if they are no longer able to do so.

General Power of Attorney – Similar to the “durable” form in that it allows a person to appoint another to handle general financial affairs, however, this type terminates upon a person’s incapacity, unlike the “durable” form.

Limited Power of Attorney – Used when a person wants to appoint someone to handle a discreet transaction or act for a short time frame.

Medical Power of Attorney – Used when an individual wishes to appoint a trusted loved one to handle their health care decisions in the event that they are no longer able to do so.

Minor Child Power of Attorney – This form is used when parents wish to have a caretaker appointed to handle their children’s affairs when they are unavailable to do so themselves.

Real Estate Power of Attorney – For the use of allowing someone else to handle the decisions of real property to the benefit of the owner (Principal).

Revocation of Power of Attorney – This form is used to revoke previous POAs. It is important that in addition to this form, you inform all relevant parties, including your agents and successor agents that they are no longer to act on the POA.

Tax Power of Attorney (Form BT-129) – This form allows an individual to appoint a representative to handle their tax matters before the tax authority in Oklahoma.

Unclaimed Property – Representation for real estate or personal property that is unclaimed by an individual.

Vehicle Power of Attorney – This form allows an individual to appoint a representative to handle their titling and registration matters in front of the Oklahoma Motor Vehicle Commission.

How to Write

Step 1 – Review each form carefully in order to determine which one fits your needs. If you have any questions, you should consult an attorney.

Step 2 – Think about who would be the best candidate to be your representative depending on the form you are using. For instance, many people choose a tax professional when filling out the tax power of attorney, while others may choose a spouse when filling out the durable power of attorney. In either case, it is important that you trust the person to handle your affairs. 

Step 3 – Determine whether you need witnesses or a notary public or both to witness your signature and certify your identity. You can check the signature page of the document to ascertain this information.

Step 4 – You will want to keep the original or copies in a safe place and also keep track of who has a copy of your form. You may need to give your agent the original, or a copy depending on what it is going to be used for.



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