There are some situations in life where you cannot act on your own behalf. In these situations, it is useful to have a power of attorney. Power of attorney is when one person has the legal power to act on behalf of another person. This is oftentimes an option that people choose for particular financial situations, if they need someone to care for their children, or in the event that their health declines.
Many people choose to invest in power of attorney in the event that an unexpected event happens, and they need someone else to make decisions to protect their family and their finances. Alternatively, a person might use a power of attorney for a specific situation, for example, a financial transaction that they can’t physically be present for.
If you want a power of attorney, you don’t have to invest a lot of time and money in drawing up documents with an attorney. Instead, use our free online power of attorney generator. Just fill in the form with your information and your needs, and have the document notarized. Then you will have your very own power of attorney to protect yourself and your assets!