![]() California power of attorney rules allow you to name multiple agents or attorneys-in-fact, which you may prefer if you'd like to have different people oversee financial decisions, medical decisions, or business affairs for you. You may choose one person to act as your agent in all of these situations or have more than one agent if state law allows it. Sign contracts for financial or business transactions.Make healthcare decisions, including which types of medical treatment should be administered or withheld.Discuss business matters with your partners or business co-owners.Conduct real estate transactions in your name.Speak with financial institutions and access your bank accounts.If you are suddenly incapacitated in a car accident, for instance, then your attorney-in-fact can step in to handle your affairs.ĭepending on how you've worded your power of attorney document, an agent's authority may allow them to do any of the following on your behalf: Having power of attorney can be helpful if you find yourself in a situation where you're unable to make decisions on your behalf or would prefer to have someone else act for you. ![]() Power of attorney gives someone of your choosing the authority to act on your behalf. California power of attorney requirements-and the powers assigned to agents-are defined in the state's code. States set their own rules governing POA arrangements. The person who creates a POA is called the principal, and the person who's authorized to act for you is called your attorney-in-fact or agent. ![]() ![]() A power of attorney (POA) is a legal document that gives someone you name the authority to handle medical, legal, or financial matters for you under specific circumstances. ![]()
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