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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 is a legal paper that allows one person to act on behalf of another person. The recipient of the authority, called an agent or attorney-in-fact, can perform tasks in place of the giver of the authority, called the principal..