Power of Attorney - AgingCare.com

Power of Attorney

A power of attorney is a document that states who is legally allowed to make decisions if a person is no longer able to act on their own behalf. The document can allow the appointed person -- called an "agent" or "attorney-in-fact" -- to handle financial matters such as paying bills, signing checks, banking, management of a business or investments. There is more than one type of POA, including both financial and medical. Many people choose to limit the power of attorney, keeping major decisions for themselves as long as they're mentally competent.

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