What is a power of attorney?

A power of attorney is a written document which you will use to empower another person to act of your behalf in the event you become incapacitated. What kind of powers will a power attorney give to my representative?

  1. The power to buy, sell or lease assets
  2. To collect from creditors
  3. To change provisions in a living trust
  4. To sue on your half
  5. To operate your business