General power of attorney for property

A legal document that lets your attorney manage your financial affairs and property while you are mentally competent. If you become unable to manage your finances and property, the document will no longer be valid, and your attorney will no longer be able to act on your behalf. This document is commonly used in business or for short-term, temporary reasons. Since the laws regarding this type of attorney changed in 1996, most people who want to make a Power of Attorney for Property now choose to make a Continuing Power of Attorney for Property.