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In a statutory power of attorney, the language granting power with respect to estate, trust, and other. beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the.
The acceptance of these by a third party is at their own risk. There is no presumption of capacity of the principal or that the principal was not subjected to undue influence by the agent. The power of attorney terminates at the principals death or incapacity. It may be revoked by the principal at any time. Uniform Durable Power of Attorney Act 58 O.S. Â§ 1071-1077.