 | Oklahoma Durable Financial Power of Attorney Form |
The Oklahoma durable financial power of attorney form is a form that is used by a Principal for the purpose of assigning an Agent to oversee their financials and real property in the event the Principal would need to be absent for an extended time period, or if the Principal were to become ill, incapacitated or in any way become unable to communicate their own choices with regard to their money and property. Unless this document is carefully constructed, the Agent would have the ability to spend the Principal’s money and/or dispose of their property, which could subsequently significantly reduce how the estate would be distributed.
If the Principal is uncertain about the meaning of this document, it’s recommended that the Principal contact and consult with an attorney so that they may better educate themselves prior to completing and signing this document.
Signatures must be submitted before a notary. This document may be revoked at any time, provided the Principal provides written and delivered notice to the Agent(s).
Laws (State Definition): 58 Okl.St.Ann. § 3002(7)
Signing Requirements (58 Okl. St. Ann. § 3005): Notary Public.
