What is a power of attorney?

A power of attorney (POA) is a legal document that authorizes someone to act on behalf of another person in legal or financial matters. In the state of Illinois, guardianship law recognizes the authority of a Power of Attorney to make decisions and take action as if they were the legal guardian of the person granting the power. This means that, in Illinois, a POA can sign contracts, buy and sell property, manage assets, and make legal decisions on behalf of the person granting the power. In order for a Power of Attorney to be created, certain requirements must be met. For example, the person granting the power must be at least 18 years old and must be capable of understanding the document they are signing. Furthermore, the document must be signed by the person granting the power as well as two witnesses, and it must be notarized. A Power of Attorney is an important document and it is important to understand what one is granting when they sign a POA. It is important to ensure that the document is written in a way that best protects the interests of the person granting the power. In addition, it is important to make sure that the individual signing the Power of Attorney understands all of the implications of granting the power.

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What is a power of attorney?

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