Who can be appointed as a Power of Attorney Agent (Attorney-in-fact)?

Carlglendon19 Mar, 2024Business

A Power of Attorney (POA) is a legal document that grants authority to an individual, known as the agent or attorney-in-fact, to act on behalf of another person, known as the principal, in various legal and financial matters. Choosing the right agent is crucial, as that person will have significant decision-making authority.