A Power of Attorney (PoA) is a legal instrument that allows one or more individuals (referred to as agents or attorneys-in-fact) to act on behalf of another person (referred to as the principal).

By using a PoA, you can decide in advance who you want to act for you in situations in which you are unable to make decisions for yourself. Agents can be granted the right to handle a broad range of personal, financial, legal, and other business affairs—including retirement benefits.

When choosing an agent, you should select someone you trust who will act in your best interest. Agents may take actions on behalf of a principal with or without their consent.

We strongly urge consultation with an attorney before executing a Power of Attorney.