Power of Attorney

What is Power of Attorney?

Power of attorney is a legal concept with which most of us are familiar, but may never fully understand until it is needed.

In its many forms, a power of attorney (POA) is a written document by which one person, the principal, authorizes another, a competent adult, to act as an agent to perform specified functions on the principal’s behalf. The extent of the agent or “attorney-in-fact” authority to act is defined by the type of POA agreement.