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The video tutorial on Oregon power of attorney explains the concept and types of power of attorneys essential for legal decision-making. A power of attorney (POA) is a document that allows you to appoint someone to make decisions on your behalf if you need assistance or become unable to make decisions. This can be useful for managing financial matters temporarily, such as during a vacation or hospital stay. The person granting authority is called the principal, while the person receiving it is the agent or attorney-in-fact. Various types of POAs include durable power of attorney, which remains in effect even if the principal becomes incapacitated. Additionally, some states presume the durability of a power of attorney.