An Oregon Power of Attorney is a legal document that grants someone else the authority to act on behalf of another person. This document allows the person granting the authority to choose someone else to make important decisions for them, including matters related to medical treatment, finances, or the care of a child. It’s important to carefully consider who you choose as your agent, as they will have significant responsibility and authority over your affairs.
Laws & Requirements
Statute: Chapter 12, volume 3 of the Oregon Revised Statutes.
Signing Requirements ORS 127.005(1)(a): Principal only.
By Type
General/Financial Power of Attorney
Provides sweeping powers to the agent to manage your affairs.
Signing Requirements: Principal only (ORS 127.005(1)(a)).
Revocation of Power of Attorney
Use to repeal a power of attorney.
Signing Requirements: None mandated.
Advance Directive
Use when you want to appoint another to make health care decisions on your behalf if you cannot make them for yourself.
Signing Requirements: Two witnesses or a notary public. (§ 127.515(2)(b)).
Medical Power of Attorney
Give legal authority to your caregivers to follow specific care guidelines should you become incapacitated.
Signing Requirements: Two witnesses or a notary public. (§ 127.515(2)(b)).
Durable Power of Attorney
Use if you want your POA to remain in force even after you've become incapacitated.
Signing Requirements: Principal only (ORS 127.005(1)(a)).
Limited (Special) Power of Attorney
If you don't want your agent or proxy to have sweeping powers to manage your affairs, you can restrict them to a set of tasks.
Signing Requirements: Not specifically mentioned but notary or witness is recommended (ORS 127.005).
Springing Power of Attorney
Comes in effect at a time in the future, and only when a specific event occurs (such if the principal becomes incapacitated).
Signing Requirements: Not specifically mentioned but notary or witness is recommended (ORS 127.005).
Vehicle Power of Attorney (Form 735-500)
Gives an agent the capacity to manage your affairs only where they relate to motor vehicles.
Signing Requirements: Principal only.
Oregon Tax Power of Attorney | Form 150-800-005
Assign the authority to manage your tax affairs to a third party (agent).
Signing Requirements: Principal only.
Minor (Child) Power of Attorney
Endows provisional care responsibility for a child's health and education.
Signing Requirements: Notary public.
Real Estate Power of Attorney
Assigns an agent the role of overseeing the principal's property transactions.
Signing Requirements: Notary public.
