What is a Power of Attorney

What is a Power of Attorney

A power of attorney is a document by which you appoint a person to act as your agent. An agent is one who has authorization to act for another person. The person who appoints the agent is the principal; the agent is also called attorney -in-fact. If you have appointed an agent by power of attorney, acts of the agent within the authority spelled out in the power of attorney are legally binding on you, just as though you performed the acts yourself. The power of attorney can authorize the attorney-in-act to perform a single act or a multitude of acts repeatedly.