An Oregon general power of attorney appoints a trusted individual (the “attorney-in-fact”) to represent the principal, authorizing them to make decisions on their behalf. In the document, the principal will determine the scope of the representative’s powers, which may include the ability to execute documents, transfer funds, make payments and investments, file taxes, transfer vehicle titles, manage the principal’s property, and any other powers that the principal wishes to confer. Although it isn’t required for the principal to sign the document in the presence of a notary public, notarization is recommended.
Signing Requirements – Not mentioned in state statutes. However, notarization in recommended.
Durable Power of Attorney – Appoints an agent whose powers remain effective in the event of the principal’s incapacitation.