limited power of attorney

A limited power of attorney is a legal document that grants someone else, called an agent or attorney-in-fact, authority to act on your behalf for specific tasks or transactions, such as managing a bank account, signing a contract, or handling real estate matters. This authority is restricted to clearly defined actions and duration, providing control and protection for you. Once the designated task is completed or the specified period ends, the agent’s authority automatically expires. It’s a useful tool for delegating specific responsibilities without giving full control over your affairs.