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This video tutorial explains the types of power of attorney (POA) in Ohio and the essentials for creating one. A power of attorney is a legal document allowing you to appoint someone to make decisions on your behalf if you need assistance or become unable to do so. This can be useful for handling financial matters temporarily, such as during a vacation or hospital stay. The individual granting authority is called the principal, and the one receiving authority is typically referred to as the agent or attorney-in-fact, though terms like representative, proxy, and surrogate may also be used. Different types of power of attorney include a durable power of attorney, which remains effective even if the principal becomes incapacitated.
