A special power of attorney letter grants another person the authority to act on your behalf, so it’s essential to ensure that it’s properly drafted. October 29, 2024·7min read < 1 2 3 4 > Top Get helpful tips and info from our newsletter!
A durable power of attorney. This type gives your agent the power to make financial decisions on your behalf even if you become incapacitated. A special power of attorney. This type is limited to special circumstances or tasks that you outline. Get the what and how of powers' of attorney ...
5. Opt for a power of attorney (POA) Apower of attorneyis a document that appoints someone you trust to handle your financial or medical affairs. The person you appoint with the authority to act on your behalf is the attorney-in-fact, while you're the principal who delegates the authority...