A Power of Attorney is a legal document that grants a person (the agent or attorney-in-fact) the authority to act on behalf of another person (the principal). The principal gives the agent the power to make decisions and take actions on their behalf in various situations, such as managing finances, making medical decisions, or signing legal documents.

There are different types of Power of Attorney, including General Power of Attorney, Limited Power of Attorney, Durable Power of Attorney, and Springing Power of Attorney. The specific type of Power of Attorney used will depend on the purpose and scope of the authority granted.

It’s important to note that a Power of Attorney is a powerful legal tool that should be used with caution. The agent appointed under a Power of Attorney has a fiduciary duty to act in the best interests of the principal, and misuse of the authority granted can result in serious legal consequences. Therefore, it’s important to choose a trustworthy and responsible agent when creating a Power of Attorney.