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What Is a Power of Attorney?

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Title: What Is a Power of Attorney?


1
What Is a Power of Attorney?
2
Legally Binding Document
3
A power of attorney is a legally binding document
4
Powers of attorney are used within the legal
field to accomplish a variety of objectives
5
Empowering a Representative
6
When you create a power of attorney you empower
a representative to act on your behalf
7
The Grantor or Principal
8
The person creating the power of attorney is
called the grantor or principal
9
Agent or Attorney-in-Fact
10
The individual who is empowered to act on behalf
of the grantor is called the agent or
attorney-in-fact
11
Incapacity Planning
12
INCAPACITY PLANNING involves selecting a
representative to act for you in the event of
your incapacitation
13
Durable Powers of Attorney
14
Durable powers of attorney are used for
incapacity planning purposes
15
With a durable power of attorney you name an
agent who can act on your behalf in the event of
your incapacitation
16
Because of the DURABLE designation, it remains
in effect even if you become incapacitated
17
Free Incapacity Planning Consultation
18
If you are interested in preparing for possible
incapacity as a senior citizen contact our firm
to schedule a free consultation
19
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