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Power of Attorney

A power of attorney (POA) is a legal document that allows one person to act on behalf of another in legal or financial matters. The person granting the authority is called the "principal," while the person receiving it is known as the "agent" or "attorney-in-fact." The POA can be limited to specific tasks or broad, covering various decisions. It becomes important when the principal is unable to manage their affairs due to illness, absence, or incapacity. Establishing a POA ensures that someone trusted can make decisions in the principal's best interest.

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    A Power of Attorney (POA) is a legal document that allows one person (the "agent" or "attorney-in-fact") to act on behalf of another person (the "principal"). This arrangement can cover financial, legal, or medical decisions, granting the agent authority to manage the principal's affairs when they are unable to do so themselves. POAs can be general, giving broad powers, or specific, limiting authority to certain tasks. This tool is often used in situations such as illness, travel, or aging, ensuring that someone trusted can make important decisions when needed.