Power of Attorney
Definition
A legal document that enables an individual to designate another person, called the attorney in fact, to act on his/her behalf as long as the individual does not become disabled or incapacitated.
Cite this definition
Related terms:
estate planning, trading authorization, Durable Power of Attorney, discretion, Durable Power of Attorney, estate planning, trading authorization
'Power of Attorney
' appears in the definitions of these other terms on BusinessDictionary.com attorney in fact, bond power, donee, power of appointment, universal agent, and
Related Research Articles from the InvestorGuide.com University
Estate PlanningProvides a guide to the estate planning process. Includes information on wills, living trusts, irrevocable trusts, and future healthcare decisions.
Audits and FraudLearn everything you need to know about correspondence audits, office audits, and field audits. Also describes tax shelters, and how to avoid abusive and illegal ones.
Credit RegulationsInformation is being collected about your credit behavior and used by others to rate you. Learn what your rights are when it comes to credit laws. Understand the Fair Credit Reporting Act (FCRA), the Equal Credit Opportunity Act (ECOA), and the Fair Debt Collection Practices Act (FDCPA), and how they protect you.
Featured Sponsor
|