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Oklahoma Power of Attorney

An Oklahoma Power of Attorney (PoA) is a legal document that gives a selected individual or entity permission to manage your finances, such as selling your property, signing contracts, and accessing your bank account.

The person granting permission is called the "principal," and the individuals or entities gaining powers are called the "agents." Suited for residents of Oklahoma, this Power of Attorney can be used in Atoka County, Adair County, Alfalfa County, and in all other parts of the state. All Oklahoma Power of Attorney forms from Rocket Lawyer can be edited to address your specific scenario. This official document provides confirmation to financial institutions and other parties that your agent(s) can legally sign documents or take other actions for you when you are not present or able.

It's fast and easy to assign or receive the authority you might need with a free Oklahoma Power of Attorney template from Rocket Lawyer:

1. Make the document - Answer a few questions and we will do the rest
2. Send or share - Discuss the PoA with your agent or seek legal help
3. Sign and make it legal - Mandatory or not, witnesses and notarization are a best practice

This method will often be much more affordable and convenient than hiring your average provider. If needed, you can prepare a PoA on behalf of your spouse, an elderly parent, or another family member, and then help them sign once you've drafted it. Please keep in mind that for a PoA form to be considered valid, the principal must be an adult who is mentally competent at the time of signing. In the event that the principal is already incapacitated and unable to make their own decisions, a court-appointed conservatorship generally will be required. When facing such a situation, it would be important for you to speak with an attorney.

Every person over 18 should have a Power of Attorney. Although it may be difficult to acknowledge, a day will likely come when you are not able to oversee your day-to-day affairs by yourself. There may even be moments when you're merely not available. Here are some typical situations where you may consider a PoA to be useful:

• You live in a community care facility and want help managing financial affairs
• You are currently living abroad or out of state
• You wish to grant someone the ability to deal with certain financial or legal issues in your absence or if you are unwell
• You are aging or have declining health or limited mobility

Regardless of whether this Oklahoma Power of Attorney is being created in response to an unexpected emergency or as part of a forward-looking plan, notarization and witnesses are highly recommended for protecting your document if its credibility is doubted.

There are a few ways to classify PoA documents. They are largely dependent on when the powers will come into effect, how long they will remain valid, and what they grant authority over. Most often, you may find them organized into four groups:

• Durable Power of Attorney - Would remain in effect even when you become mentally incompetent or incapacitated
• Springing Power of Attorney - Would be activated based on certain guidelines
• General Power of Attorney - Would grant a broad scope of powers over your affairs
• Special Power of Attorney - Would grant limited powers over specified affairs

When creating your free Oklahoma Power of Attorney with Rocket Lawyer, you may choose to have the authority start immediately, on a selected day, or only at the point when you're not capable. The Power of Attorney can expire either when you die or on a particular date.

Oklahoma Power of Attorney forms are generally easy to make; however, you might still have questions. Having a lawyer look over your document might take a lot of time if you try to do it by yourself. Another approach might be through Rocket Lawyer attorney services. Premium members are able to request a document review from an experienced lawyer or send additional questions. As always, you can live confidently with Rocket Lawyer by your side.

The fees associated with working with the average attorney to write a Power of Attorney could total anywhere from two hundred to five hundred dollars. Rocket Lawyer is not your average Power of Attorney template provider. With our service, anyone under a Rocket Lawyer Premium membership has access to up to 40% in savings when hiring an attorney.

With a Premium membership, you may edit it, download it as a Word document or PDF file, and print it. When you are ready to complete your Power of Attorney, it should be signed. You should send a copy of the signed document to your agent(s), financial institutions, and other impacted parties.

The laws governing PoA forms vary by state; however, in Oklahoma, if you are authorizing an agent to manage real estate or child-related matters, or if you want the specified powers to remain in effect even if you are incapacitated, then the document will need to be notarized. In most scenarios, two witnesses are required or strongly recommended. If your agent will manage real estate transactions, the Power of Attorney must be signed by a notary and recorded with the county. Finally, as a basic rule, witnesses must be 18 years old or older, and no witness should simultaneously be named as your Power of Attorney agent.

See Oklahoma Power of Attorney law: § 58-1072