What is a power of attorney?

A power of attorney is a legal document delegating authority from one person to another. In the document, the maker of the power of attorney (the “principal”) grants the right to act on the maker’s behalf as that person’s agent. What authority is granted depends on the specific language of the power of attorney. A person giving a power of attorney may make it very broad or may limit it to certain specific acts.

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1. What is a power of attorney?
2. What are some uses of a power of attorney?
3. Where may a person obtain a power of attorney?
4. Does a power of attorney need witnesses or a notary?
5. What is a “principal”?
6. What is an “agent”?
7. What is a “third party”?