An Oklahoma general power of attorney (GPOA) is a legal document through which an individual, known as the “principal,” appoints an agent, or “attorney-in-fact,” to manage their financial, business, and property matters. This arrangement is effective immediately or from a future date and ends if the principal becomes incapacitated.
The principal must sign the document in front of two witnesses and a notary public for validation. The agent, usually a trusted friend or relative, is expected to handle the principal’s affairs with integrity. This form of power of attorney differs from a durable one, as it specifically terminates upon the principal’s incapacity, ideal for those wanting management only while they are capable.
Signing Requirements (58 OS § 3005) – The principal must obtain official recognition of their signature in the presence of a notary public.
Presumption of Durability (§ 1072) – No, power of attorney should specify that it will not be revoked upon the principal’s incapacity.