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Paul Rabelais, an estate planning attorney, discusses the importance of power of attorney in this video tutorial. He emphasizes on the critical points that are essential for people to understand when creating or being appointed as a power of attorney. A power of attorney is a legal document where you give someone else the authority to transact for you. Rabelais provides ten key points about power of attorney, including definitions and important details that one needs to be aware of when dealing with legal affairs.