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Because the agent can use the Power of Attorney to access your bank account and sell your property, do not give your Power of Attorney to anyone you do not trust with your money or property. It can be very difficult to get back money or property taken by the agent, because the agent usually has no money left to return.

Even if your power of attorney form grants broad powers, your Agent cannot: Change or alter your will. Act in a manner that is not in your best interest. Use power of attorney after your death to make decisions (unless they're executor of your will)

Power of Attorney broadly refers to one's authority to act and make decisions on behalf of another person in all or specified financial or legal matters.Durable POA is a specific kind of power of attorney that remains in effect even after the represented party becomes mentally incapacitated.

A durable power of attorney simply means that the document stays in effect if you become incapacitated and unable to handle matters on your own.To cover all of the issues that matter to you, you'll probably need two separate documents: one that addresses health care issues and another to take care of your finances.

A: A power of attorney generally ends upon the death of the person who executed it. The will does not come into effect until after the person's death, so in the simplest sense, the power of attorney cannot override the will.

It can be used to give another person the authority to make health care decisions, do financial transactions, or sign legal documents that the Principal cannot do for one reason or another.

A POA can change beneficiaries if the POA instrument allows it. Make sure you're changing a beneficiary or adding one for a legitimate reason. Once you have a POA that allows you to change beneficiaries, changing beneficiaries is relatively simple and something you can do yourself.