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Power of attorney agreements allow a principal to delegate decision-making authority to an agent, which can be crucial in emergencies or when the principal may not be available. The agent does not need to be an attorney. There are different types of power of attorney, with the first being a special or limited power of attorney. This type grants specific powers for a defined purpose and time, such as signing documents on a specific date while the principal is away. Understanding these types is essential for determining which is appropriate for your needs.