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Authorize another person to make decisions on your behalf with power of attorney. A power of attorney is a legal document that allows an individual to make decisions for another person, known as the principal. There are two main types of power of attorney: financial and medical.
Most powers of attorney are good until the creator of the POA dies. The power of attorney document will say within it when it expires or when it is no longer effective. There is a slim chance that the document may set an expiration date. Most, however, state that the document is good until the persons death.
Does Power Of Attorney End At Death? A power of attorney allows an individual to manage the financial affairs of another person while that person is still alive. Under Georgia law, when the person passes away, the financial power of attorney immediately ends.
The person who signed the power of attorney form can revoke the agents authority if they are of sound mind. They can draft a new document to take power of attorney away from one person and grant it to an alternate agent.
In Georgia, power of attorney must meet certain basic requirements, including being signed by the principal, witnesses, and a notary public. There are standardized forms available for financial and health care powers of attorney.

People also ask

Georgia durable power of attorney laws require the document to be in writing, signed by the principal, and witnessed by two competent adults.
Does Power Of Attorney End At Death? A power of attorney allows an individual to manage the financial affairs of another person while that person is still alive. Under Georgia law, when the person passes away, the financial power of attorney immediately ends.
In Georgia, the average cost of a power of attorney varies from $150 to $500.
It is recommended that you seek legal advice when establishing power of attorney. You can find an attorney by visiting the State Bar of Georgias website.
Although the Department prefers the execution of a Georgia authorization form, the Department will accept a Federal Power of Attorney (IRS Form 2848) in lieu of a Georgia form.

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