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What is Power of Attorney?
Power of Attorney is one way of receiving legal authority to make decisions for another person. There are several different types of Powers of Attorney, including Limited (Special), General, and those dealing with healthcare issues. A General Power of Attorney is a very broad authorization to some other person to do any act the Signer or Principal of the power could do, usually having to do with financial affairs. A Limited or Special Power of Attorney is a restricted Power of Attorney which allows another to perform a specific act, or control over specific aspects, but not over others. Powers of Attorney are extremely useful and powerful legal documents that can be utilized to assist a person who has become unable to manage his or her own financial affairs. It is important to have discussions about these issues before a document like the Power of Attorney is needed. |
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Disclaimer: The information contained in pages found at www.broesderlaw.com are publications of Arant &
Broesder, LLC for general purposes only and should not be construed as legal advice or legal opinion on any
specific facts or circumstances. If you have specific legal questions, you are urged to consult your own
lawyer concerning your own situation.
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