saman ghoddos
Editor, Small Business Owner, and Barista in london
Power of attorney is a legal arrangement in which one person (the "principal") grants another person (the "agent" or "attorney-in-fact") the authority to act on their behalf in personal, financial, or legal matters. This authorization can be limited to specific tasks or broad enough to cover all aspects of decision-making. Power of attorney is commonly used when the principal is unable to manage their affairs due to absence, illness, or incapacity. It is crucial that the agent acts in the best interest of the principal and within the scope defined in the legal document.