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Power of Attorney is a document that gives another person legal authority to act on your behalf in financial matters. If you create such a document, you are called the principal, and the person to whom you give this authority is called your attorney-in-fact. If you make a durable power of attorney, the document will continue in effect even if you become incapacitated.
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QUICK LINKS
The following are some helpful quick links to the definitions of commonly used Estate Planning terms:
• Wills
• Trusts
• Probate
• Power of Attorney
• Advance Health Care Directive
• Conservator
• Special Needs Trust
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