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In this video, estate planning attorney Paul Rabale discusses eight common mistakes people make regarding power of attorney (POA). As individuals live longer, the incidence of incapacitation has increased, highlighting the importance of understanding POA issues. Rabale emphasizes that while obtaining a power of attorney may seem straightforward, it involves complexities similar to other estate planning aspects. Factors such as money, property, investments, relationships, and inheritance can complicate matters, along with various regulations from financial institutions and title companies. Hence, navigating powers of attorney requires careful consideration and understanding.