Description

A power of attorney authorizes a person you designate to act as your attorney in fact to act in your name. You can define the extent of the authority you are giving so that the other person can only do those acts permitted. Powers of attorney range from very limited specific acts to virtually anything in your name that you could do yourself. Since your will has no effect during your lifetime, a well thought out power of attorney often provides a solution in the event of unavailability, incapacity or other limitation.