Should You Consider Granting a Power of Attorney to Others?
July 1st, 2008
Most of us have heard of powers of attorney but very few of us understand or appreciate their value.
Essentially a power of attorney is a deed that grants to another person the power to carry out acts and sign documents on your behalf as though you had carried out those acts and signed those documents yourself. The usefulness of a power of attorney should not be underestimated, nor should one ignore the potential that such power has to be abused.