{"id":14268,"date":"2017-06-30T21:15:36","date_gmt":"2017-06-30T21:15:36","guid":{"rendered":"https:\/\/www.bfvlaw.com\/?post_type=news&p=14268"},"modified":"2022-08-08T18:03:40","modified_gmt":"2022-08-08T18:03:40","slug":"new-power-of-attorney-requirements-in-georgia-take-effect-july-1-2017","status":"publish","type":"news","link":"https:\/\/www.bfvlaw.com\/news\/new-power-of-attorney-requirements-in-georgia-take-effect-july-1-2017\/","title":{"rendered":"New Power of Attorney Requirements in Georgia Take Effect July 1, 2017"},"content":{"rendered":"

On July 1, 2017, Georgia\u2019s Uniform Power of Attorney Act (\u201cUPOAA<\/strong>\u201d) will become effective. Any power of attorney executed\u00a0before July 1, 2017\u00a0<\/strong>will remain in effect and need not comply with the UPOAA.<\/p>\n

A power of attorney executed\u00a0on or after July 1, 2017,<\/strong>\u00a0must comply with all the requirements of the UPOAA. Unless the post July 1, 2017 power of attorney expressly provides otherwise, the default terms under the UPOAA are as follows:
\n(i) the power of attorney is effective when executed;
\n(ii) the power of attorney is durable (not terminated by principal\u2019s incapacity);
\n(iii) an agent is not entitled to compensation, but is entitled to reasonable reimbursement of expenses incurred in performing the acts required by the principal;
\n(iv) the power of attorney is dissolved when an action is filed for dissolution, annulment, or separation of agent\u2019s marriage to principal;
\n(v) co-agents may exercise their authority independently; and
\n(vi) an agent that is not an ancestor, spouse, or descendant of the principal shall not create in the agent or an individual to whom the agent owes a legal obligation of support an interest in the principal\u2019s property. Note also that the power of attorney does not authorize the agent to make health care decisions for you.<\/p>\n

Be sure to use the power of attorney under the UPOAA beginning July 1, 2017 and, as always,\u00a0let us know<\/a>\u00a0if we can help.<\/p>\n","protected":false},"featured_media":0,"template":"","acf":[],"yoast_head":"\nNew Power of Attorney Requirements in Georgia Take Effect July 1, 2017 - Berman Fink Van Horn P.C.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bfvlaw.com\/news\/new-power-of-attorney-requirements-in-georgia-take-effect-july-1-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Power of Attorney Requirements in Georgia Take Effect July 1, 2017 - Berman Fink Van Horn P.C.\" \/>\n<meta property=\"og:description\" content=\"On July 1, 2017, Georgia\u2019s Uniform Power of Attorney Act (\u201cUPOAA\u201d) will become effective. Any power of attorney executed\u00a0before July 1, 2017\u00a0will remain in effect and need not comply with the UPOAA. A power of attorney executed\u00a0on or after July 1, 2017,\u00a0must comply with all the requirements of the UPOAA. 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Any power of attorney executed\u00a0before July 1, 2017\u00a0will remain in effect and need not comply with the UPOAA. A power of attorney executed\u00a0on or after July 1, 2017,\u00a0must comply with all the requirements of the UPOAA. 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