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Georgia Power of Attorney: What You Need to Know

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What Is a Power of Attorney? A power of attorney ("POA") is a legal document that allows one party to make decisions on behalf of another party.  The party granting the authority is the principal and the party receiving the authority is the agent or attorney-in-fact.  An attorney-in-fact can be an officer for a corporation, an executor or administrator of an estate, a legal guardian or partner of a partnership. What Are the 4 Types of Power of Attorney? Power of attorneys can be categorized into four main types, each with its unique purpose: General Power of Attorney - A POA that gives the agent authority to perform almost any act on behalf of the principal and terminates when the principal becomes incapacitated, revokes the POA or passes away. Limited or Special Power of Attorney - A POA that gives the agent authority for a limited set of actions.  Durable Power of Attorney - A POA that contains a durable clause and begins when it’