who does the durable power of attorney in paulding co ga

Where can I find a durable power of attorney in Georgia?

(This power of attorney is durable) unless you expressly provide in the special instructions section that is not. ["Durable" means NOT terminated by the principal's incapacity.] (10-6B-4) [ 10-6B-2 (2)] In this power of attorney, the principle appoints Agent(s), has the option of appointing Successor Agent(s) and Second Successor Agent(s).

What are the laws for power of attorney in Georgia?

This power of Attorney is durable and will not terminate upon the disability of the principle(s). It expires on a future date that is provided by the principle, or by written notification. Since this Power of Attorney is transaction specific, it is exempt from the Georgia Uniform Power of Attorney Act as per statute 10-6B-3.

What is a “durable” power of attorney?

This power of attorney shall be durable unless you state otherwise in the Special Instructions. This power of attorney becomes effective immediately unless you state otherwise in the Special Instructions. If you have questions about the power of attorney or the authority you are granting to …

Can a notary notarize a power of attorney in Georgia?

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What is a POA in Georgia?

Georgia Financial POA Basics. The Georgia law covering financial POAs is found in the Uniform Power of Attorney Act, found in Title 10, Chapter 6B, of the Official Code of Georgia. A POA must meet all four of the following basic requirements for a power of attorney in Georgia: It must be signed by the principal.

Can a notary be a witness?

The notary may not be a witness. The principal, witnesses, anyone signing for the principal, and notary must all be present when they sign. Obtaining a power of attorney in Georgia has been made somewhat easy since the Georgia legislature has created standardized forms for both financial and healthcare POAs.

Does Georgia have advance directives?

The Georgia legislature has created a suggested Georgia Advance Directive for Health Care. The principal must sign and date the form in the presence of two witnesses, who must also sign the form. It does not need to be notarized. This form may be found in the Official Code of Georgia, Title 31, Chapter 32, Section 31-32-4.

What is a power of attorney?

A power of attorney is a legal document whereby one person, called the “agent," is given authority to act on behalf of another person, called the “principal." To understand POAs, you should be familiar with a few terms and concepts:

What is a POA?

A POA that continues in effect after the principal becomes incapacitated. Springing power of attorney. A POA that only becomes effective if the principal becomes incapacitated. Healthcare power of attorney. A POA that allows your agent to make decisions about your medical treatment if you are unable to make or communicate decisions.

What is a power of attorney in Georgia?

A Power of Attorney is a legal document that allows you to name someone to handle your finances — taxes, bills, bank accounts, real estate sales — if you become incapacitated.

What does "durable" mean in a power of attorney?

“Durable” means that the document will still be good even if you lose capacity. 2. Georgia updated the Power of Attorney laws in 2017.

What is the phone number for Hurley Elder Care?

We are available by phone (404) 843-0121 and through our website.

What is a Statutory Financial Power of Attorney?

This document contains information about the "Statutory Financial Power of Attorney." It allows you to name one or more persons to help you handle your financial affairs. Depending on your individual circumstances, you can give this person complete or limited power to act on your behalf. This document does not give someone the power to make medical decisions or personal health decisions for you.

How to accept an appointment as an agent under a power of attorney?

person accepts appointment as an agent under a power of attorney by exercising authority or performing duties as an agent or by any other assertion or conduct indicating acceptance; unless otherwise stated in the power of attorney.

Who can nominate a conservator?

A principal may nominate a conservator of the principal's estate for consideration by the court as long as the power of attorney is in place before conservatorship proceedings are begun and except for good cause shown or disqualification, the court shall make its appointment in accordance with the principal's most recent nomination.

Can you cancel a financial document?

Even with this document, you may still legally make decisions about your own financial affairs as long as you choose to or are able to. Talk to your Agent often about what you want and what he or she is doing for you using the document. If your Agent is not following your instructions or doing what you want, you may cancel or revoke the document and end your Agent's power to act for you.

What does "agent" mean in law?

'Agent' means a person granted authority to act in the place of an individual, whether denominated by such term , attorney-in-fact, or otherwise. Such term shall include a co-agent, successor agent, and a person to which authority is delegated.

Can a principal designate two or more coagents?

A principal may designate two or more persons to act as coagents.  Unless the power of attorney otherwise provides, coagents shall exercise their authority independently of each other and do not have to be in agreement.

What is a gift for the benefit of a person?

The term a gift 'for the benefit of' a person includes a gift to a trust, an account under the Uniform Transfers to Minors Act, and a tuition savings account or prepaid tuition plan as defined under Internal Revenue Code Section 529, 26 U.S.C. Section 529, in effect on February 1, 2017.

What is a durable power of attorney in Georgia?

A Georgia durable statutory power of attorney form is a document used to delegate a principal’s legal authority for their financial affairs to another person. The recipient of this authority is often referred to as an “agent” or “attorney-in-fact”. The form is used when a person wants to make sure his or her obligations will be met ...

What is power of attorney?

“Power of attorney” means a writing or other record that grants authority to a person to act in the place of an individual, whether or not such term is used (§ 10-6B-2 (7).

Does a principal have to be a notary public in Georgia?

The principal is required to authorize in the presence of one (1) witness and a notary public (§ 10-6B-5 ). Note that, under an executive order issued by the Georgia governor in April 2020, remote attestation, such as via video, is temporarily permitted to effectuate powers of attorney.

What Is a Power of Attorney?

A power of attorney — often referred to simply as a POA — is a legal document in which the person executing the document, called the principal, authorizes another named individual, called the agent or attorney-in-fact, to act on the principal’s behalf. The document itself defines the extent of the agent’s authority.

Key Changes in the Georgia Power of Attorney Act

Among the most important provisions of the new law are those setting specific requirements for creating a valid power of attorney. The statute also includes two significant improvements from existing law. The first improvement relates to protecting principals from misuse and abuse of powers of attorney.

Impact of New Law on Powers of Attorney Created Prior to July 1, 2017

Anyone wishing to create a new power of attorney should seek assistance from an experienced estate planning attorney to ensure that the document accurately reflects the principal’s needs and complies with all the requirements of the Georgia Power of Attorney Act.

Talk With an Experienced Estate Planning Attorney About Your Powers of Attorney and the Georgia Power of Attorney Act

In our Cartersville estate planning practice at Asset Protection & Elder Law of Georgia, we focus on protecting our clients and their assets, whatever their unique circumstances may be. Powers of attorney are an important component of our services.