Powers of Attorney

A power of attorney is a legal document that grants an individual (known as the “attorney-in-fact” or “agent”) the authority to act on behalf of another person (known as the “principal”). The powers granted in a power of attorney can range from simple tasks such as signing documents on behalf of the principal to more complex actions such as managing financial accounts and making medical decisions. The scope of authority given to the agent depends on what is specified in the power of attorney document. Generally, powers are either general or limited, meaning that they give broad or specific rights respectively. Generally, a power of attorney will specify when it becomes effective and when it expires. It may also include provisions for revocation by the principal if desired.