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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 properly completed power of attorney form allows one person, the agent, to act in place of another, the principal. The power of attorney is a legal granting of authority from the principal to the agent. The agent can perform certain actions for the principal as defined in the signed power of the attorney itself, such as signing a real estate contract or loan documents. Locate Power of Attorney forms.