Power Of Attorney

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Established 1905.

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What Is It?

Benefits

A power of attorney, also known as a letter of attorney, is used to give another party authorization to act on behalf of someone in affairs relating to legal matters. The person authorized to make decisions is known as the agent or the attorney. The party who is authorizing the agent or attorney is referred to as the principal, donor, or grantor.

The power of attorney form allows the agent or attorney to make financial decisions, gifts of money, health care decisions, or even guardianship decisions. The person who is representing the grantor may be entitled to receive payment for their services as an agent. However, the agent could also be a family member, such as a spouse, adult child, family friend, or other relative.

A signed power of attorney protects both the principals and the agents, helping to prevent problems down the road.

BENEFITS FOR PRINCIPALS

BENEFITS FOR AGENTS

Ability to choose who will make decisions for you on your behalf, rather than a court

Avoid delays in asset protection planning and costly court proceedings

Flexible to your needs - you control if the agent has general or specific power

Avoid unwanted disputes with family members of the intents of the principal

Ability to make clear, informed legal decisions on behalf of the principal

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Mobile, Alabama

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Sacramento, California

Creating my power of attorney was easy using your tool. The whole process was very straightforward and the final document was extremely professional.

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New York, New York

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