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In this video, we explain the types and creation of power of attorney (POA) in Oregon. A power of attorney is a legal document that allows you to appoint someone to make decisions on your behalf, especially if you need assistance or lose decision-making ability. This can also be useful for managing financial or other matters temporarily, such as during a vacation or hospital stay. The person granting authority is called the principal, while the recipient is the agent or attorney-in-fact, along with alternative titles like representative, proxy, and surrogate. There are various types of power of attorney, including a durable POA, which remains effective even if you become incapacitated.
