Understanding Power of Attorney

What Is a Power of Attorney Document? A power of attorney document authorizes legal right to act on another’s behalf in regard to legal, financial, or medical matters. In this document, an “agent” is named as well as a “principal”. The agent refers to the person who has been granted authority from the principal. Generally, the principal will determine the amount of power given to the agent. This power of attorney document must be signed by the principal in order to be considered binding, and in many