A Georgia non-durable (general) power of attorney (GPOA) enables an individual, known as the “principal,” to authorize another person, referred to as the “agent” or “attorney-in-fact,” to manage various financial and legal matters on their behalf, including managing bank accounts, investment decisions, bill payments, and other monetary responsibilities.
Under Georgia law, a non-durable power of attorney becomes ineffective if the principal is unable to make decisions, while a durable power of attorney remains valid even if the principal becomes incapacitated.
Laws — Title 10 Chapter 6B (Georgia Power of Attorney Act).
Durable (Ga. Code § 10-6B-4) – In Georgia, a power of attorney is presumed durable, meaning that it will remain in effect unless expressly stated to terminate upon the principal’s incapacity.
Signing Requirements (Ga. Code § 10-6B-5) – The form must be signed by the principal or by another individual in the principal’s presence at their express direction and attested by a competent witness (who is not also named as an agent).