What is Power of Attorney?
Power of Attorney documents allow another person to care for your affairs if you cannot. The power may be limited to the authority to sell a house, for example, or may be broad and general without any written limitation. Often, the person who signs the document appoints his or her spouse, son or daughter to serve as the “attorney-in-fact.” Under the law, your representative is held to a high standard to act in your best interest.
Power of Attorney that remain in effect during the principal’s incapacity are called “durable power of attorney.” It may be effective immediately or only upon the principal’s incapacity.