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		|  | A Power of Attorney is a Legal instrument that is used to delegate Legal authority to another. The person who signs a Power of Attorney is called the Principal. The Power of Attorney gives Legal authority to another person (called an Agent or Attorney-in-Fact) to make Property, financial and other Legal decisions for the Principal. The word “attorney” here means anyone authorized to act on another’s behalf. It’s not restricted to Lawyers.
 
 A Principal can give an Agent broad Legal authority, or very Limited authority. The Power of Attorney is frequently used to help in the event of a Principal's illness or disability, or in Legal transactions where the Principal cannot be present to sign necessary Legal documents.
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		|  | Return to all Power of Attorney legal information Legal Articles about Power of Attorney
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