Power of Attorney (POA) – The Basics
A Power of Attorney (POA) document is crucial for every estate plan. All states recognize powers of attorney, but rules and requirements will differ from state to state. Still, some parts may be beneficial to all. What Does Power of Attorney Mean? Power of Attorney allows one or more individuals the legal authority to act as your agent or proxy on your behalf. Depending on which POA you choose, the agent's power may be limited to a particular activity, such as a real estate sale, or cover broader applications. A Power of Attorney may give permanent or temporary authority and ... Read More
