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

A will and a power of attorney are two different documents used in Pennsylvania’s wills and probate law. A will is a legal document that outlines how an individual’s estate should be handled after their death. It often includes the names of any beneficiaries designated to receive an inheritance, as well as instructions about the distribution of of assets and property. The will may also include instructions about any dependent children. A power of attorney allows someone to legally act on another’s behalf while they are alive. The individual granting the power of attorney (known as the grantor) assigns someone else (known as the agent) to make decisions on their behalf. These decisions can include handling medical care and finances, making real estate investments, collecting income, or accessing bank accounts. The power of attorney document outlines the agent’s authority and can be limited or broad, depending on the grantor’s wishes. A will and a power of attorney document are both important legal documents for an individual to have. Wills are used after death, while a power of attorney is used while someone is still alive.

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

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