A power of attorney is a written authority given by one person (usually called principal) to another (otherwise known as agent) in order to empower the latter to act on behalf of the former.


The agent, through power of attorney, may do a lot of things on behalf of the principal e.g. operating a bank account, running a business, holding title documents and initiating legal actions and so on. A power of attorney is automatically terminated upon the death of the giver.
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point of view Polygraph Power of attorney Precedent Preferred Stock