What is a Power of Attorney?
A power of attorney is a written
document by which you (called the principal) appoint one or more individuals or
businesses (called agents) to act on your behalf. An agent is also sometimes called an
attorney-in-fact.
Your agent “stands in your
shoes.” This means any act by your agent
pursuant to your power of attorney binds you the same way as if you did the act
yourself.
While a power of attorney does
not need to be prepared by a lawyer, it is recommended that a lawyer prepare,
or at a minimum review, your power of attorney to make sure it complies with the
law, reflects your specific intentions, and protects you and your family. It is also advisable to annually review your
power of attorney with a lawyer to determine if it needs to be updated. Contact Thomas T. Tornow, P.C. at http://www.tornowlaw.com to obtain a power
of attorney or have your current power of attorney reviewed.
Thomas T. Tornow, P.C.
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