Power of Attorney
IndividualsA legal document authorizing another person to act on your behalf in financial, legal, or healthcare matters. Can be general or limited in scope, and may be durable to survive incapacity.
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A legal document authorizing another person to act on your behalf in financial, legal, or healthcare matters. Can be general or limited in scope, and may be durable to survive incapacity.
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Key Clauses
- 1
Grant of Authority
Specifies the powers being granted to the agent or attorney-in-fact.
- 2
Scope and Limitations
Defines whether the authority is general, limited, or specific to certain acts.
- 3
Durability
States whether the power of attorney remains effective if the principal becomes incapacitated.
- 4
Effective Date
Specifies when the authority begins — immediately or upon a triggering event.
- 5
Revocation
Outlines how and when the principal can revoke the power of attorney.
When You Need This
- Planning for potential incapacity due to aging or illness
- Authorizing someone to handle financial or legal matters while you travel
- Designating a healthcare proxy for medical decision-making
Frequently Asked Questions
What is a Power of Attorney?
A legal document authorizing another person to act on your behalf in financial, legal, or healthcare matters. Can be general or limited in scope, and may be durable to survive incapacity.
What should a Power of Attorney include?
A comprehensive power of attorney should include: grant of authority, scope and limitations, durability, effective date, revocation.
When do I need a Power of Attorney?
Planning for potential incapacity due to aging or illness. Authorizing someone to handle financial or legal matters while you travel. Designating a healthcare proxy for medical decision-making.
Is this template legally binding?
Templates provide a strong starting point, but we recommend having important agreements reviewed by a qualified attorney in your jurisdiction to ensure they meet local legal requirements.
Can I customize this template?
Yes — all bracketed [placeholder] fields can be replaced with your specific information. You can also add, remove, or modify clauses to fit your particular situation.
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