A power of attorney (POA) is a legal document that gives one party (the agent) the power to act on behalf of another person (the principal). A POA authorises the agent to act for them and/or make decisions for the principal and perform a variety of acts, including legal, health and financial activities, namely:
There are five types of POA’s:
A general power of attorney arrangement is terminated when the principal becomes incapacitated, revokes the power of attorney or passes away.
Download your general power of attorney template.
This is a template agreement that has been written to assist you. It is your responsibility to ensure that the content of this document is correct and valid. Contact Legal&Tax to speak to a qualified specialist for professional advice.