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In this video, the concept of power of attorney (POA) is explained, focusing on its types and creation in Oregon. A power of attorney is a legal document that allows an individual (the principal) to appoint someone else (the agent or attorney-in-fact) to make decisions on their behalf, especially during periods of incapacity or when needing assistance, such as while on vacation or hospitalized. Types of POA include a durable power of attorney, which remains effective even if the principal becomes incapacitated. In many states, including Oregon, durability is often presumed for power of attorney documents. The video highlights these key points for individuals considering a POA in Oregon.
