An Oregon non-durable (general) power of attorney is a legal document that grants a designated person authority to manage another’s financial affairs. This legal document ceases to be effective if the principal, the person granting authority, becomes incapable of making decisions, distinguishing it from a “durable” power of attorney.
However, if continued authority during incapacitation is desired, a Durable Power of Attorney can be used. This form allows the principal to specify the extent of the agent’s powers, including handling financial transactions, managing property, and other designated responsibilities.
Laws — Title 13, Chapter 127 § 127.002 – 127.045 (Powers of Attorney).
Durable (§ 127.005(1)(c)) – Yes, power of attorney should contain language that it will be revoked upon the principal’s incapacity.
Signing Requirements—State laws do not explicitly state this, but the recommendation is to opt for notarization.
