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Power of Attorney The most common and useful document for someone legally representing an individual is the “power of attorney.” Power of attorney is a legal instrument that delegates legal authority to another person. The person who executes a power of attorney is called the grantor or principal. The power of attorney gives legal authority to another person (called an agent or attorney-in-fact) to make property, financial and other legal decisions for the principal. A principal can give an agent broad legal authority, or very limited authority. The power of attorney is common in the event of a principal's illness, disability or in legal transactions where the principal cannot be present to sign necessary legal documents. For this document to be effective in
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