Statutory Financial Power of Attorney Form Georgia


Georgia Statutory Financial Power of Attorney is a legal instrument governed by the Official Code of Georgia Annotated, at § 10-6-140 and grants powers to an agent to perform financial transactions on your behalf. However, with the execution of this power of attorney, the agent cannot make medical and health care decisions. You are in capacity to handle financial affairs on your own in spite of execution of this legal document. You and your agent under the appointment must read this form together to understand the provisions and powers discussed in it. Your appointed agent and successor agent if any must acknowledge and sign the Acceptance of Appointment. Signatures of two adult witnesses are necessary for execution of this document. However, notarization is required in case you are granting powers mentioned in option 3 and 4 related to real estate and personal property transactions.

Georgia Statutory Financial Power of Attorney Facts

  • Please select power to allot by signing with initial after each power mentioned in option 1 through 13. Please strike out powers you do not want to allot and sign beside the cancelled power.
  • You must specify the mode of execution of this Statutory Financial Power of Attorney.
  • Read the provisions pertaining to termination of agent’s authority to transact on your behalf.
  • You and appointed agent must sign in acceptance of the powers granted.
  • Please specify Compensation of Agent in the space reserved for the same.

Steps to Sign a Georgia Statutory Financial Power of Attorney

Step 1: Mention county name, your name, and agent’s name on the respective lines.

Step 2: Sign with initials in the blank space after each power to grant it in options 1 through 13. You may strike out and sign beside the cancelled power to avoid its allocation to the agent. Mention the date of execution if it is a future date or this Georgia Statutory Financial Power of Attorney executes immediately. Alternately, you may choose to specify any contingency or event and person to notify it to execute the statutory financial power of attorney in Georgia State. You and your agent must sign on the lines provided for the same.

Step 3: You may appoint a successor agent by providing details of the same like name and address of the successor agent. Please specify the Compensation of Agent by signing after the option of your choice among the three offered.

Step 4: Insert date and sign before two adult witnesses. Both witnesses must sign in turn to acknowledge. Notarization of Georgia Statutory Financial Power of Attorney is required if you grant powers mentioned in option 3 and/or 4.

Step 5: You agent and/or successor agent must sign the Acceptance of Appointment before two witnesses or a notary public as applicable to complete the preparation and execution of this statutory financial power of attorney in Georgia State.

Revoke a Statutory Financial Power of Attorney



You must execute an instrument of revocation and submit copies to all concerned to revoke this Georgia Statutory Financial Power of Attorney. In addition, your death, order from the court, or death of the agent terminates this power of attorney. However, you may need to seek advice from a lawyer in case your agent continues to transact in spite of receiving copy of revocation instrument.