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Types of Power of Attorney in Ohio

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Power of attorney in Ohio is substantially similar to most other jurisdictions.

There are two types of power of attorney you can assign in Ohio : statutory (financial) and medical.

With this grant, an agent has the authority to make medical decisions on your behalf.

For estate planning, it is particularly useful for letting trusted third parties handle your affairs if you suffer mental decline.

A general power of attorney gives your agent all possible legal rights.

This allows them to make almost any legal or financial decision on your behalf.

A general grant is most useful for estate planning.

A limited grant refers to when you enumerate a specific scope of authority, for example the authority to manage banking or property transactions.