A Power of Attorney (POA) is a legal document that allows one person to act on behalf of another in legal or financial matters. This document is often used when an individual is unable to manage their affairs due to illness or absence.
Types of POA
General Power of Attorney: Grants broad powers to the agent.
Special Power of Attorney: Limits the agent's authority to specific tasks.
Durable Power of Attorney: Remains in effect even if the principal becomes incapacitated.
Creating a POA ensures that your affairs are managed according to your wishes, even when you cannot do so yourself.
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