Power of Attorney (POA)
Create and sign a Power of Attorney online. A POA authorizes another person to act on your behalf for financial, medical, or legal decisions.
What is a Power of Attorney?
A Power of Attorney (POA) is a legal document that gives one person (the "agent" or "attorney-in-fact") the authority to act on behalf of another person (the "principal") in financial, legal, medical, or other matters. The scope of authority depends on the type of POA and the specific powers granted.
Types of Power of Attorney
General Power of Attorney
Grants broad powers to the agent to act on the principal's behalf in financial and legal matters, signing contracts, managing bank accounts, buying or selling property. Becomes invalid if the principal becomes incapacitated.
Durable Power of Attorney
Like a general POA, but remains valid even if the principal becomes mentally incapacitated. Critical for estate planning. The most common type used for elderly individuals.
Limited (Special) Power of Attorney
Grants authority for a specific transaction or time period. Example: authorizing someone to sell a specific property while you're abroad.
Healthcare (Medical) Power of Attorney
Authorizes the agent to make medical decisions on the principal's behalf if they become unable to do so. Often combined with a living will or advance directive.
Springing Power of Attorney
"Springs" into effect only upon a specified event, typically the principal's incapacitation. Requires evidence of incapacitation (usually a physician's certification) before the agent can act.
Who Should Be Named as Agent?
Your agent should be:
- Someone you trust completely with your finances and/or health
- Organized, responsible, and willing to act in your best interests
- Ideally a different person than your healthcare proxy (to prevent conflicts)
Common choices: spouse, adult child, sibling, trusted friend, or attorney.
State Requirements
POA requirements vary by state. Most states require:
- The principal's signature
- Notarization
- One or two witnesses (who are not the agent)
Some states (like California and New York) have statutory POA forms that provide additional legal protections.
When Does a POA End?
A POA ends when:
- The principal revokes it in writing
- The principal dies
- The expiration date specified in the document is reached
- A court terminates it
- For non-durable POAs: when the principal becomes incapacitated
Frequently Asked Questions
Can a POA be used after death? No, a POA expires at death. After death, an executor named in the will (or court-appointed administrator) manages the estate.
Can I have more than one agent? Yes, you can name co-agents (who must act jointly) or successor agents (who act if the primary agent is unavailable).
Can a POA be revoked? Yes, as long as you have mental capacity, you can revoke a POA at any time by signing a written revocation and notifying your agent and any institutions relying on the POA.