power of attorney

 
 

A Power of Attorney is a written document in which one person (the principal) appoints another person to act as an agent on his or her behalf,

thus conferring authority on the agent to perform certain acts or functions on behalf of the principal. Durable and Health Care powers of attorney have become popular because they enable the principal to have her or his financial or Health care affairs handled easily and inexpensively after she or he has become incapacitated and cannot make said decision on his/her own. Before these powers of attorney was created, the only way to handle the affairs of an incapacitated person was to appoint a guardian, a process that frequently involves complex and costly court proceedings, as well as the often humiliating determination that the principal is wholly incapable and in need of protection.

 

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