What is the difference between a will and a power of attorney?

A will and a power of attorney are both documents used in estate planning. In Georgia, a will is used to specify what you want done with your estate when you pass away, while a power of attorney is used to appoint someone to act on your behalf in financial and legal matters if you are unable to do so yourself. A will is a written document that outlines how to distribute your assets, such as money, property, investments, and other belongings, after you die. It also covers how your debts should be paid off and who will be responsible for caring for minor children or pets. A will must be signed by two witnesses and notarized to be legally binding in Georgia. A power of attorney is a legal document that allows someone you appoint (known as your attorney-in-fact or agent) to make decisions on your behalf in matters where you are unable to do so yourself, such as if you become incapacitated or ill. In Georgia, the power of attorney must be notarized before it is valid. In summary, a will is used to distribute your assets after you pass away, and a power of attorney is used to appoint an agent to make decisions on your behalf if you are unable to do so yourself.

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What is the difference between a will and a power of attorney?

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