Oklahoma power of attorney forms provide rights to an agent that allow them to act on behalf of another individual. When deciding which power of attorney form to use, the principal (the individual being represented) must consider whether the agent’s authority should remain in effect once they lose their capacity to make competent decisions. With a “durable” power of attorney, the rights granted to the agent will not alter or terminate when the principal becomes mentally incapacitated or disabled.
By Type (8)
Advance Directive – Informs physicians about whether or not the principal wishes to receive life-sustaining treatments in medical emergencies. With the included durable medical power of attorney, the principal can appoint an agent to communicate their health care decisions.
Durable Power of Attorney – Authorizes an agent to represent the financial interests of a principal. The powers granted to the agent will remain valid if the principal becomes mentally incapacitated.
General (non-durable) Power of Attorney – This document grants a broad scope of financial powers to an agent. Once the principal loses their ability to make competent decisions, the agent’s authority will cease to be effective.
Limited Power of Attorney – A unique contract that allows the agent to perform only the transactions specified in the document. Once the agent’s duties are complete, or after the expiration date is met, the agent’s authority will be revoked.
Motor Vehicle (DMV) Power of Attorney – This document enables a representative to make vehicle-related transactions on behalf of the principal.
Minor (Child) Power of Attorney – Lets a parent select another person to care for their child and make decisions concerning the child’s education and health care.
Real Estate Power of Attorney – Provides an agent with the ability to conduct real estate transactions for a principal (e.g., sign closing documents, manage rental units).
Tax (Form BT-129) Power of Attorney – Used to allow an agent to represent a taxpayer and handle transactions with the Oklahoma Tax Commission.