Oklahoma power of attorney is a legal document that allows the delegated representation of someone whom you trust with financial and medical dealings. Most importantly, two of the forms are able to remain valid if you should not be able to think for yourself due to a mental condition like dementia. A Durable Financial Power of Attorney and an Advance Directive can be prepared without a Lawyer, and through these two documents you can also save your family from the added burden of having to go to court gain control over your now rudderless affairs.
In order to create a power of attorney document in Oklahoma, a resident must complete the form and according to Oklahoma Law (Statute 58-1072.2) the document must be signed in the presence of at least two (2) witnesses (Over the age of 18 and cannot be health care personnel in the case of the Medical form).
Through the Oklahoma Durable Financial Power of Attorney you choose an Attorney-In-Fact to direct your financial affairs immediately and if you should become mentally incompetent. The individual is recommended to be a spouse, family member, or close friend that has your complete trust. The agent must also have the business skills to manage the whole scope of your finances; that includes everything from simple bill…
The general power of attorney grants a person you select, as your agent, the ability to make decisions based on the broad financial powers in which you authorize. Like the durable version, the form allows for the unrestricted representation of your financial affairs including; Real property transactions. Tangible personal property transactions. Stock and bond transactions. Commodity and option transactions. Banking and other financial institution transactions….
The limited power of attorney allows a person to select any type of restricted responsibility(ies) or action(s) a person may have while representing their interests. The power must be written on the form and can be anything from handling everyday bills to real property transactions. Depending on the seriousness of the powers granted, it is recommended to have the document signed in front of a…
Through the Durable Power of Attorney for Health Care, you appoint a Health Care Proxy to make all the other decisions for your health care. The usual choices for this task are you spouse, a close friend or a relative. Local availability is a strong advantage for your choice as sometimes the medical staff will need decisions at a moment’s notice. You should choose…
Use a revocation to cancel any type of power of attorney in the State. The principal must fill in the one (1) page document and have authorize in front of a notary public in order to receive their acknowledgment. The agent should be immediately notified of the termination, and it is highly recommended to give copies of the revocation at any institution or facility where…
Referred to as Form BT-129 by the Oklahoma Tax Commission, the tax power of attorney document allows a resident to choose someone else to handle their State filing. The document is recommended to be used when hiring a Certified Public Accountant (CPA) or Tax Attorney to handle the filing on your behalf but may be any person you deem fit for the responsibility. Unlike all…
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