For example, in our case above, you might give your lawyer power of attorney to settle a lawsuit on your behalf. Or you might give someone power of attorney in regards to the sale of a house.

One variation is a general power of attorney, which can be used for a short period (you're out of the country for an extended period) or if you simply want to delegate your finances to someone.

Risks of power of attorney A notable difference with the power of attorneys is that a power of attorney for property can have a continuing power of attorney, meaning the agreement becomes valid the ...

With a general power of attorney, you can authorize someone to make decisions when you’re not able to. Your agent, which is the person you choose, might be able to do a variety of things on your ...

Originally published on Jan. 22, 2024. When Dr. Mary Jarratt's brother, Billy Jarratt, asked in 2018 if he could designate her as power of attorney in the event something should happen to him, she ...

Power of attorney compensation can be high, but the role can be a lot of work. Here’s what happens if you can’t accept the role or must resign.

People often submit lasting power of attorney forms without providing all the necessary information. For example, witnesses might cause an LPA to be rejected because they don't include their full ...

Power of attorney (POA) is a legal document that allows someone else, known as an “agent”, to act on the behalf of the signer, known as the “principal”, to act on their behalf in legal ...

A power of attorney in real estate applies specifically to property management. It allows a trusted person to manage, sell or purchase property on behalf of the asset owner (principal).