What Is a Limited Power of Attorney and When Should You Use One?
Estate planning isn’t just about wills and inheritances—it’s also about protecting your interests while you’re alive. One powerful tool that often goes overlooked is the Limited Power of Attorney (LPOA). Whether you’re traveling, handling finances for an aging parent, or dealing with a short-term health issue, an LPOA can help ensure your affairs run smoothly. What Is a Limited Power of Attorney? A Power of Attorney (POA) allows you to appoint someone (your “agent” or “attorney-in-fact”) to act on your behalf in legal, financial, or personal matters. A Limited Power of Attorney differs from a general durable POA in that ... Read More
