Power of Attorney: Special vs. General Power of Attorney

Overview:

A Power of Attorney (POA) is a legal document that grants authority to another person to act on behalf of the principal. It is essential to understand the distinction between Special POA (for specific tasks) and General POA (broad authority over financial and legal matters).

Key Differences:

Revocation: Can be revoked unless given as an irrevocable POA.

Special POA: Limited to a specific act (e.g., selling a property).

General POA: Grants broader decision-making power (e.g., managing all assets).

Legal Validity: Must be notarized or registered, depending on the jurisdiction.

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