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In this video on Oregon power of attorney, the concept and types of power of attorneys are explained. A power of attorney is a document that allows you to appoint someone to make decisions on your behalf, particularly when you need assistance or are unable to decide due to incapacity. This can also be useful for temporary situations, such as during a vacation or hospital stay. The individual granting authority is referred to as the principal, while the recipient is known as the agent or attorney-in-fact, with alternative terms including representative, proxy, and surrogate. Various types of power of attorney can be created, including a durable power of attorney, which remains effective even if you become incapacitated. In many states, the durability is presumed.
