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A legal document that gives one person the authority to act on behalf of another person in legal or financial matters.

The person who grants the authority to another person to make decisions on their behalf under a Power of Attorney agreement.

The individual who is granted the power to act on the behalf of the principal through a Power of Attorney.

A Power of Attorney that remains in effect even if the principal becomes mentally incapacitated.

A Power of Attorney that is no longer valid once the principal becomes mentally incapacitated or unable to make decisions.

A Power of Attorney that comes into effect upon the occurrence of a specific event, usually the incapacitation of the principal.

A Power of Attorney that grants broad powers to the agent to conduct many types of transactions on behalf of the principal.

A Power of Attorney that grants the agent authority to perform specific acts or transactions for the principal.

A specific type of Power of Attorney that allows the agent to make medical decisions on behalf of the principal.

The act of withdrawing the power granted under a Power of Attorney, which must be done while the principal is competent.

The mental ability of the principal to understand the nature and implications of the Power of Attorney and to make their own decisions.

A state in which the principal is legally unable to make decisions for themselves due to a mental or physical condition.

Multiple agents appointed by the principal in the Power of Attorney to work together to make decisions.

An individual who is named in the Power of Attorney to take over as the agent if the original agent is unable or unwilling to serve.

Two or more agents who are appointed to act together with equal authority in a Power of Attorney.

The act of officially certifying a Power of Attorney document by a notary public to make it legally valid.

The portion of the Power of Attorney document that specifies the powers granted to the agent.

A formal declaration made before a notary public by the principal, affirming their understanding and voluntariness in granting the Power of Attorney.

The section of a Power of Attorney that specifies that the agent's authority continues despite the principal's incapacity.