How Does a Power of Attorney Terminate?

A legal document is something that you use to satisfy your own personal objectives. As a result, you generally control the outcome when you create a legal document such as a power of attorney. Anatomy of a Power of Attorney You are probably aware of the fact that a power of attorney is a legal device that is used to appoint someone to act on your behalf in a legally binding manner. In legal jargon, the person who creates the power of attorney is called the principal or grantor. The representative that is appointed to act on behalf of the grantor is called the agent or attorney-in-fact. Limited and General Powers of Attorney The grantor of the device has the ability to control the extent of the power that is being granted. A limited power of attorney can be executed to give the agent the power to act on behalf of the grantor on a limited basis. The extent of the limits would be clearly stated in the document. A general power of attorney would give the agent broad latitude to act on beh


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