What is a power of attorney?

A power of attorney is a legal document that allows one person (called a “principal”) to grant authority to another person (called an “agent”) to take certain actions on their behalf. This document can be used to give an agent the authority to make decisions about financial matters, such as managing bank accounts and investments, preparing tax returns, paying bills, and making medical decisions. In Kansas, power of attorney documents must be signed by two witnesses and notarized in order to be legally binding. The power of attorney document should include the principal’s name, the name of the agent they are authorizing, the date it is signed, a description of the specific powers granted, a statement that the document is valid until the principal is no longer able to express their wishes, and a statement that the agent must act in the principal’s best interests. The person granting the power of attorney must be mentally competent in order for the document to be legally binding. If the principal is a minor or if the document is intended to give power of attorney to someone who will make guardianship decisions, it must be approved by the court or other legal body.

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