A power of attorney is a document that allows one person to appoint another person to act as their agent to perform specified acts or to handle their affairs. The person to whom a power of attorney is given is referred to as an attorney-in-fact
Specific vs General.
If the power entrusted is for a specific purpose or task, i.e. conveying a piece of property, it is known as a specific
power of attorney. If the power conveys broad general powers to an agent, it is known as a general
power of attorney. While the specific power of attorney ends when the agent's task is completed, a general power of attorney comes to an end when the principal is dead or when the principal cancels it by issuing a notice to his agent.
Durable Power of Attorney
. A durable power of attorney allows someone to make decisions even if the principal becomes incapacitated. It is often used as an estate planning tool. A nondurable power of attorney automatically ends if the grantor loses mental capacity or is otherwise incapacitated.
. An election proxy
is a specific power of attorney that allows one person to act on another person's behalf at membership meetings.
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