A Few FAQs About Power of Attorney

What exactly is POA or Power of Attorney? POA or  Power of Attorney  is a legal document which gives one person normally the agent the power to act for another person. Agent can have broad legal authority or a limited authority to make legal decisions about the medical care, finances and principal property. Power of Attorney is used in case of the principal disability or illness or when the principal is not present to endorse the requisite legal documents or the financial transactions. How Does Power of Attorney End? A POA can end because o…