A Power of Attorney (POA) – is a legal document that grants someone else the authority to act on behalf of the person creating the document. The appointed person, called the “attorney Holder” or “agent,” is empowered to make decisions or take actions on behalf of the Executant in various matters, such as financial transactions, property management, or healthcare decisions. The scope and duration of the authority granted can vary, depending on the type of POA established and the specific terms outlined in the document. POAs are commonly used to designate trusted individuals to handle affairs on behalf of the Executant, particularly in situations where the principal/Executant may be unavailable, incapacitated, or unable to manage their own affairs.
