A Power of Attorney is a convenient way to have a person’s affairs tended to without personal presence. A POA may also serve as a convenient tool if you appoint a person or a company that is experienced and knowledgeable in a relevant field
Some circumstances may require you to give a POA to another person to manage your assets or business while you are not able do it personally or unavailable.
A Will and a Power of Attorney (“POA”) are the primary legal forms used to protect and transfer your belongings to your beneficiaries in a certain way.
Power of Attorney is a declaration for delegation of authority that allows you to give authorization to another person to act as your attorney-in-fact or agent.