The Ohio Durable (Financial) Power of Attorney is generally considered the most common type of POA executed. It allows the primary party to assign various financial matters to another person (known as the “agent” or “attorney-in-fact”) so that they may be carried out in their name. What separates this document from some of the other POA forms is the fact that it continues to persist past the point of the principal’s incapacity. To correctly implement this instrument, the grantor will have to list their agent’s personal details within the form, initial each authority that they wish to bestow, and endorse it as requested by the state’s law (either in the presence of two (2) witnesses or a notarial figure).
Laws
Statute – § 1337.24
Definition – “Durable,” with respect to a power of attorney, means not terminated by the principal’s incapacity (§ 1337.22(B)).
Signing Requirements – Acknowledgment of Notary Public (§ 1337.25)
Other Versions (2)
Ohio Durable (Financial) Power of Attorney Form – Springing Version
Download: Adobe PDF
Ohio Durable (Financial) Power of Attorney Form – Statutory Version
Download: Adobe PDF
Additional Resources
- Ohio State Bar Association – POA Law Facts
- Pro Seniors – Financial Power of Attorney Information
Related Forms (4)
Advance Directive (Medical POA & Living Will)
Download: Adobe PDF
Agent’s Certification as to the Validity of Power of Attorney and Agent’s Authority (§ 1337.61)
Download: Adobe PDF, MS Word (.docx)
Durable Power of Attorney for Pet Care
Download: Adobe PDF
General (Financial) Power of Attorney Form
Download: Adobe PDF