WHAT IS A "POUR-OVER" WILL?
A Power of Attorney is a document that gives someone else the authority to act on your behalf on matters that you specify.
A Power of Attorney gives a person the legal authority to act on your behalf in the financial matters of your choice. A Power of Attorney may be limited to a single purpose such as the sale of a home or may be expanded to include additional matters.
The power can be specific to a certain task or broad to cover many financial duties.
The power can be given to start immediately, or upon mental incapacity.
The authority granted in a Power of Attorney ceases at the death of the person granting the power.
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