Power of Attorney

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Definition of "Power of Attorney"

A Power of Attorney is a document that grants someone else (called the Attorney-in-fact) the power to act on your behalf on matters that you specify. A power of attorney allows your attorney-in-fact to do anything you (the Principal) can do yourself, with a few exceptions—such as areas where you possess specialized skills that your attorney-in-fact does not (for example, if you are a dentist, you cannot authorize your attorney-in-fact to practice dentistry on your behalf). Typically, however, a power of attorney is used to grant the attorney-in-fact decision making power over your financial and property matters. You may place limitations on what your attorney-in-fact may or may not do when creating a power of attorney.

Power of Attorney Resources

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