A “power of attorney” is a legal instrument, which grants another person the authority to act as your legal representative, and to make binding legal and financial decisions on your behalf.
Types of Powers of Attorney
There are two types of powers of attorney. A “general” power of attorney is unlimited in scope and duration, and permits the named individual to act as your legal representative in relation to financial matters until such time as it is revoked.
A “specific” power of attorney imposes limits upon the named representative, and may restrict the …

A power of attorney is used to appoint a representative to legally act on your behalf in some transaction. However, it is not uncommon for representative to abuse the power of attorney. So how can you protect yourself if you need to use a power of attorney?
Choosing your representative can be difficult and you should choose your representative with care. The person you give your power of attorney to must be someone you can trust. A trusted friend, family member, lawyer, or even an accountant can make the best representatives. …