Power of Attorney
A power of attorney is a legal document where you give someone else the authority to make decisions on your behalf. A financial power of attorney covers money and property. A healthcare power of attorney covers medical decisions. A durable power of attorney remains in effect even if you become mentally incapacitated — which is the most important kind for estate planning.
In short
A power of attorney gives someone you trust legal authority to manage your finances or make medical decisions if you cannot. Without one, your family may need court permission to help you.
Also known as
Attorney (UK/Australia) · Enduring power of attorney (Australia) · Mandate (Quebec)
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