The Different Types of Powers of Attorney

A power of attorney is an estate planning document that allows an individual to appoint a person to manage their financial and legal affairs if they are unable to do so. The person who drafts a power of attorney is called the principal, and the individual who is given...

The Importance of Powers of Attorney

Summary: Powers of attorney are important estate planning documents that give individuals the legal authority to make decisions on behalf of somebody else. Power of attorneys often go into effect when the principal becomes incapacitated, but they may also be used when...