Although power of attorney is essentially handing control of your affairs over to another person, there are different uses of the position which vary depending on the situation These largely depend on the reason behind power of attorney being transferred from the ‘principal’, the individual who wishes to relinquish control of their affairs, and the ‘attorney-at-fact’, the person who takes control of the principal’s business and legal dealings Non-Durable Power of Attorney Non-durable power of attorney is used for short-term transactions, which for whatever reason the principal cannot handle themselves…

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Different Types of Power of Attorney