• A power of attorney is a legal document that gives one person the right to act on behalf of another person.
  • The person who receives the powers is the agent or trustee, and the subject of the power of attorney is the principal.
  • The agent may have broad legal powers or limited powers to make decisions about the property, finances or health care of the principal.
  • A power of attorney is often used when the principal cannot be present to sign the necessary legal documents for a financial transaction.
  • A durable power of attorney remains in effect if the principal falls ill or becomes disabled and cannot act in person.