A power of attorney (POA) generally allows an agent to manage the financial affairs of the principal, including making decisions about their money. However, the agent cannot give away the principal's assets or money to others unless explicitly authorized to do so in the POA document. The agent must act in the best interest of the principal and adhere to the terms outlined in the POA. It’s advisable to consult with a legal professional for specific situations.
Copyright © 2026 eLLeNow.com All Rights Reserved.