How to make power of attorney document
What we’ll cover
- About Powers of Attorney
- Power of Attorney FAQs
- Power of Attorney checklist
- Power of Attorneys by state
What is a Power of Attorney?
A Power of Attorney (POA) is a legal document that gives a trusted person or entity the authority to handle your finances and legal matters, such as signing contracts, selling property, accessing bank accounts. The individual giving control is called the "principal," and the individuals or organizations obtaining powers are known as the "agents."
When can you use a Power of Attorney?
- You want to grant authority to someone to act on your behalf in legal affairs during your absence.
- You want to grant authority to someone to act on your behalf in legal affairs in the event you become incapacitated.
- You want to grant authority to someone to act on your behalf in legal affairs in specific situations.
Sample Power of Attorney
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