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In a statutory power of attorney, the language granting power with respect to estate, trust, and other. beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the.
A power of attorney can be very broad, allowing the agent to perform a variety of tasks. 1  For example: 2  handling bank accounts. 3  selling real property. 4  running a business. 5  applying for public benefits.