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Power of Attorney (POA)

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A power of attorney is a legal document where a principal (the creator of the document) designates an agent to act on their behalf.  In estate planning, power of attorney documents generally grant “springing” powers which means that the power conferred in the document is only valid if the principal is unable to act on their own due to incapacity. An agent has whatever power is granted in the document (usually to make medical and or financial decisions). Without power of attorney paperwork in place, generally a court would have to intervene to act on another’s behalf if they are in a declined state and unable to handle their medical or financial affairs. Their or two main types of power of attorney paperwork in estate planning: a medical power of attorney and a financial power of attorney.