There are two types of power of attorney: POA for healthcare: Gives a designated person the authority to make health care decisions on behalf of the person. POA for finances: Gives a designated person the authority to make legal/financial decisions on behalf of the person.
Human bonding. Human bonding is the process of development of a close, interpersonal relationship. It most commonly takes place between family members or friends, but can also develop among groups, such as sporting teams and whenever people spend time together. Bonding is a mutual, interactive process, and is different from simple liking.
What is a fiduciary relationship? âA fiduciary relationship is â â âany relation existing between parties to a transaction wherein one of the parties is in duty bound to act with the utmost good faith for the benefit of the other party.