Nettet10. mar. 2024 · The person you assign powers to is called your attorney; they may also be referred to as your attorney-in-fact, representative, or agent. Your attorney can be nearly any mentally capable adult of legal age. They must not own or work at an extended care facility or nursing home in which you are a resident. Nettet24. mai 2024 · A financial power of attorney is a legal document that grants your chosen representative legal authority to act on your behalf on financial matters. This person's official title depends on the state where you live but is often referred to as your agent or as an attorney-in-fact. The person has a fiduciary duty to act in your best interest.
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