Power of attorney is granted by a person, known as the principal, to another individual, known as the agent or attorney-in-fact, through a legal document. To establish power of attorney, the principal must be of sound mind and sign a power of attorney document in the presence of witnesses or a notary public. The document should clearly outline the powers granted to the agent and any limitations or conditions. It is important to choose a trustworthy and competent agent to act on your behalf.
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