Durable Financial Power of Attorney for Georgia Residents
Designate someone to manage your financial affairs on your behalf.
Durable Financial Power of Attorney for Georgia Residents
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Your Information
Enter your information to identify yourself as the principal (person creating this document).
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NOT LEGAL ADVICE: This document was created entirely based on your selections. SimplyTrust does not review, analyze, or verify your entries, nor do we verify your identity, capacity, or authority to act. You are solely responsible for determining whether this document meets your needs and for completing all required execution formalities (signatures, witnesses, notarization, or recording) in accordance with your state's laws. For any legal questions, consult a licensed attorney in your state.
Frequently Asked Questions About Georgia Financial Powers of Attorney
Georgia requires 1 witness for financial power of attorney execution. Witnesses must be at least 18 years old and present when the principal signs.
Yes, Georgia requires notarization for a durable financial power of attorney to be valid.
Yes, Georgia has adopted the Uniform Power of Attorney Act (UPOAA) in 2017. This provides standardized rules for power of attorney execution and acceptance.
Yes, Georgia allows "springing" powers of attorney that become effective only upon the principal's incapacity, rather than immediately upon signing.
In Georgia, a financial power of attorney typically takes effect immediately upon proper execution unless you specify otherwise. You may choose to have it become effective only upon your incapacity (a "springing" POA).
Yes, you can revoke your financial power of attorney at any time in Georgia by: (1) executing a new power of attorney, (2) destroying the document, or (3) signing a written revocation. You should notify your agent and any third parties who have relied on the document.
Yes, Georgia has a statutory financial power of attorney form (O.C.G.A. § 10-6B-70). While using the statutory form is not always required, it ensures compliance with state law.
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