A Power of Attorney is a legal form by which you appoint another person to serve as your agent to perform certain acts on your behalf. You may authorize another person to sign legal documents or to handle various financial matters for you. Power of Attorney forms are used in many different situations, and can be signed without hiring a lawyer.
There are a wide variety of situations that may necessitate a Power of Attorney. For example:
- You might need to have financial matters or business transactions, such as a real estate closing, handled in another city or state.
- You might need to rely on someone you trust to take care of your financial affairs in the event of your illness, injury, or extended absence.
- Because of a vacation or job responsibilities, you need to delegate someone to act on your behalf.
- You may want to authorize a member of your family or staff to sign your checks or handle certain financial matters on your behalf.