Power of Attorney Glossary

durable power of attorney

A power of attorney is a legal document that allows someone to make important legal and financial decisions for you under certain conditions. This person is called your attorney-in-fact, and despite the name, they don't have to be an attorney. They could manage your property, bank accounts, make medical decisions for you, and sign important documents on your behalf.

There are different types of powers of attorney, a durable power of attorney refers to a type that remains effective even if the person who granted it becomes mentally incapacitated.