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In this video about the Oregon Power of Attorney, it is explained that a Power of Attorney (POA) is a legal document enabling someone to make decisions on your behalf, particularly useful if you become incapacitated or require assistance temporarily, such as during a vacation or hospital stay. The individual granting authority is termed the principal, while the recipient is called the agent or attorney-in-fact, with alternative names like representative, proxy, or surrogate. Various types of POA include the durable power of attorney, which remains effective even if the principal becomes incapacitated. Many states presume durability for POAs unless otherwise specified.