Limited Power of Attorney - Oregon
OREGON LIMITED POWER OF ATTORNEY
1. Principal and Agent
I, [PRINCIPAL FULL LEGAL NAME], of [PRINCIPAL ADDRESS], appoint [AGENT FULL LEGAL NAME], of [AGENT ADDRESS], as my agent for the single matter described below.
This is a written power of attorney under Or. Rev. Stat. § 127.005. It concerns property and financial acts only. It does not authorize health care decisions or actions concerning real property.
2. Exact Matter and Grant
Institution or other counterparty: [NAME AND ADDRESS]
Account, asset, or matter: [IDENTIFY PRECISELY; USE ONLY THE LAST FOUR ACCOUNT DIGITS IN COPIES GIVEN TO OTHERS]
Purpose: [DESCRIBE THE SINGLE TRANSACTION OR TASK]
I authorize my agent solely to perform these acts for that purpose:
- [SPECIFIC ACT]
- [SPECIFIC ACT]
- [SPECIFIC ACT, IF ANY]
Maximum payment, transfer, or commitment, if any: [AMOUNT AND CURRENCY]
Additional conditions: [CONDITIONS OR "NONE"]
No general authority over my other accounts, property, or affairs is granted. My agent may sign only documents needed for the acts listed above and may give this power of attorney to the named institution or counterparty to establish the stated authority.
3. Powers Withheld
My agent may not make gifts; change beneficiaries or survivorship rights; create, amend, or revoke a trust; delegate this authority; borrow in my name; use my property for the agent's own benefit; or convey, mortgage, or otherwise act concerning real property. This document does not authorize the agent to make or change my will.
4. When Authority Begins and Ends
This power takes effect when I sign it. My agent may exercise the listed powers even if I later become financially incapable, as provided by Or. Rev. Stat. § 127.005(1)(c).
This power and my agent's authority end at the earliest of: [__/__/____] at [TIME AND TIME ZONE]; completion of the stated purpose; my revocation; or another termination event under Or. Rev. Stat. § 127.015. The stated end date is an express term of this power under § 127.015(1)(d).
5. Agent's Conduct and Records
My agent must use my property for my benefit, act only within this limited grant, and keep a written record of every act and amount. My agent must provide that record and transaction documents to me on request. Or. Rev. Stat. § 127.045 supplies the default benefit-of-principal rule.
6. Principal's Signature
I sign this written power of attorney voluntarily and intend to grant only the authority stated here.
Principal's signature: ____________________________________
Printed name: [PRINCIPAL FULL LEGAL NAME]
Date: [__/__/____]
Telephone or email for verification: [CONTACT]
7. Agent's Acknowledgment
I accept this limited appointment and will act within its stated scope.
Agent's signature: ____________________________________
Printed name: [AGENT FULL LEGAL NAME]
Date: [__/__/____]
Sources and References
- Oregon Legislative Assembly, 2025 Oregon Revised Statutes, Chapter 127, §§ 127.005, 127.015, and 127.045.
About this template
- Last updated
- October 5, 2026
- Citations checked
- October 5, 2026
- Jurisdiction
- Oregon
- Category
- Estate Planning & Wills
Legal authority
- Or. Rev. Stat. § 127.005(1) (written power, effectiveness, and financial incapacity)
- Or. Rev. Stat. § 127.015(1) (termination of agent authority)
- Or. Rev. Stat. § 127.045 (agent's use of principal's property)
Estate planning documents decide what happens to your property, your children, and your medical care when you cannot make those decisions yourself. Wills, trusts, powers of attorney, and health care directives each serve different purposes and each have to meet state law requirements for signing, witnessing, and notarization. A document that looks fine on the page but was not executed correctly can be rejected in probate, which is exactly when it is too late to fix.
Not legal advice
This template is provided for informational purposes. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.
Checked against the law it cites
A reviewer verified this template's legal citations against the official source on October 5, 2026.
Or. Rev. Stat. § 127.005(1)(a) (checked October 5, 2026): "The power of attorney becomes effective when executed and remains in effect until the power is revoked by the principal or by the terms of the power of attorney"
Or. Rev. Stat. § 127.005(1)(c) (checked October 5, 2026): "The powers of the agent are exercisable by the agent on behalf of the principal even though the principal becomes financially incapable."
Or. Rev. Stat. § 127.015(1)(d) (checked October 5, 2026): "The power of attorney by its terms provides that the power of attorney terminates."
Or. Rev. Stat. § 127.045 (checked October 5, 2026): "Unless otherwise provided in the power of attorney document, an agent must use the property of the principal for the benefit of the principal."
Draft your Limited Power of Attorney in the editor
Answer a few questions, let the AI editor draft each section from your answers, review it, and download Word and PDF. $99 one time, or $249 per month for every document and every Ezel app.