A Power of Attorney is a legal document in which you give another person legal authority to act on your behalf.

A limited power of attorney for finances lets you appoint an attorney-in-fact to help you with one or more specific, clearly defined tasks involving your finances.

You can specify exactly what the designated person’s authority will cover, and the time period that it is effective.

This up-to-date form lets you be sure that future decisions are made correctly, without conservatorship proceedings, expensive court costs and stress for your family. It’s easy to protect your assets and put your mind at ease with the Limited Power of Attorney for finances.

Note: This product allows a user to make a limited power of atty -- giving someone the authority to act with respect to a particular issue, like selling your car. It is NOT a "durable" power, the kind that you set up for when you're incapable of handling your affairs.

Created by the legal editors of Nolo.