Georgia Statutory Financial Power of Attorney - Instructions and Form

Sep 15, 2026

Georgia Statutory Financial Power of Attorney provides guidance for executing a state-sanctioned form under the 2017 Uniform Power of Attorney Act. It explains how the principal may appoint one or more agents to manage financial affairs with complete or limited authority, while clarifying that the document does not authorize medical or personal health decisions. It also covers durability, effectiveness, execution requirements, agent duties, compensation, disclosures, fiduciary obligations, misconduct remedies, and termination rules.

LanguageEnglish

CategoryForms

FormatPDF

Pages36

Reading Time13 min

AccessFree to download

INSTRUCTIONS

Definitions

Powers Not Affected

Durability of the Power of Attorney

What Constitutes a Power of Attorney

Construction of the Power of Attorney

Appointing Agents

How to Properly Execute the Power of Attorney

When the Power of Attorney Becomes Effective

Nomination of a Conservator

Validity of Other Forms

Termination of the Power of Attorney

When a Power of Attorney Terminates

Situations that Do Not Terminate the Power of Attorney

Power of Attorney Agents

Duties of the Agent

Authority to Make Gifts

No Authority to Create a Will

Disclosures by the Agent

Compensation of the Agent

Termination of the Agent’s Authority

Agent Not Liable

| GEORGIA STATUTORY FINANCIAL POWER OF ATTORNEY
Instructions and Form
INTRODUCTION
The General Assembly enacted the Uniform Power of Attorney Act during the 2017 legislative session. Within this Act is a revised form for a power of attorney. While this new Act does not require that the new form be used, it does replace the former Statutory Financial Power of Attorney form previously in the law.
The narrative that precedes the form, provides some guidance to understanding and instruction for executing the new form. However, this guidance and instruction is not meant to replace any needed legal advice on the purpose, intent and use of this or any other legal document. Any power of attorney validly executed before July 1, 2017, remains effective unless and until the principal chooses to revoke it , it terminates automatically according to the language of the power of attorney document or until a court of competent jurisdiction orders it terminated.
A FINANCIAL POWER OF ATTORNEY
This document contains information about the "Statutory Financial Power of Attorney." It allows you to name one or more persons to help you handle your financial affairs. Depending on your individual circumstances, you can give this person complete or limited power to act on your behalf. This document does not give someone the power to make medical decisions or personal health decisions for you.
EFFECT OF GIVING POWERS AWAY
Even with this document, you may still legally make decisions about your own financial affairs as long as you choose to or are able to. Talk to your Agent often about what you want and what he or she is doing for you using the document. If your Agent is not following your instructions or doing what you want, you may cancel or revoke the document and end your Agent's power to act for you.
THIS DOCUMENT REFLECTS THE WISHES OF THE PRINCIPAL
Do not let anyone pressure you into making a financial power of attorney, naming an Agent, or granting a power unless it is your choice. If you do not understand any portion of this document, you should ask a lawyer to explain it to you. | | | --- | --- | | | | TABLE OF CONTENTS INSTRUCTIONS ................................................................................................ 19 pages Definitions...................................................................................................................... 4 Powers Not Affected ..................................................................................................... 5 Durability of the Power of Attorney ............................................................................. 5 What Constitutes a Power of Attorney ........................................................................ 5 Construction of the Power of Attorney ....................................................................... 6 Appointing Agents ...................................................................................................... 6 How to Properly Execute the Power of Attorney ........................................................ 6 When the Power of Attorney Becomes Effective ....................................................... 7 Nomination of a Conservator...................................................................................... 7 Validity of Other Forms................................................................................................. 8 Termination of the Power of Attorney ......................................................................... 8 When a Power of Attorney Terminates....................................................................... 8 Situations that Do Not Terminate the Power of Attorney............................................ 9 Power of Attorney Agents ............................................................................................ 9 Duties of the Agent...............................................

FAQs

Does this document allow an agent to make medical decisions?

No. The document authorizes handling financial affairs and does not grant power to make medical or personal health decisions.

When does an existing power of attorney remain effective after July 1, 2017?

Any power of attorney validly executed before July 1, 2017 remains effective unless and until the principal revokes it, it terminates automatically under the document’s terms, or a court orders termination.

What can the principal do if the agent is not following instructions?

The principal may cancel or revoke the power of attorney and end the agent’s authority, and should discuss expectations and actions with the agent regularly.

Sep 15, 2026

Uploaded by Jordan Avery