A Georgia limited power of attorney allows an individual to designate an agent to act on their behalf, but only for specific tasks or a defined period. This legal instrument grants the agent limited authority, providing the principal with a flexible way to manage their affairs while maintaining control.
The principal can choose to set an expiration date, or the document may terminate upon revocation or completion of the specified act. The form automatically becomes void upon the principal’s death or incapacitation.
Legal Considerations
Statute – Title 10, Chapter 6B (Georgia Power of Attorney Act).
Authority – § 10-6B-40 – An agent’s authority is limited to specific actions explicitly granted in the document, typically including financial transactions, trust management, and gifts, but excluding acts like will execution or voting.
Signing Requirements – § 10-6B-5 – Notary public and one witness.
Related Forms
