Power of attorney is a legal form or document that permits a person to appoint another person to take charge and control the affairs and financial matters which you are incapable to do efficiently. The person who is given this control is called an attorney or an agent while the person who appoints is the principal, holding the ownership of the property.

Furthermore, a power of attorney form will determine what an agent can do on your behalf and what things will restrict them. In addition to this, it also covers the duration for which the agent can act on their behalf. Additionally, it has several types though and you need to choose the one which depends on your requirements. Click here to read more.