Power Of Attorney Free Template Sample. When to use a Power of Attorney? Power of attorney is a legal document that allows an individual (known as the "Principal") to select someone else ("Agent" or "Attorney-in-Fact") to handle their business affairs, medical responsibilities, or any decision that requires someone else to take over an activity based on the Principal's best.
The Power of Attorney template is commonly used in cases where principal is incapable of presenting themselves, often due to old age, illness or disability. Download Power of Attorney Form for free. Anyone having valuable income and property should designate their power of attorney to a credible agent by signing a power of attorney form.
This free and general power of attorney template is a legal sample of how to transfer property rights and legal decision making for another person.
A Principal can give an Agent broad The Power of Attorney is frequently used in the event of a Principal's illness or disability, or in legal transactions where the Principal cannot be present.
The individual that is authorized to act is also known as the agent or atorney. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Start a free trial now to save yourself time and money!