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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 document by which you, as principal, designate another person to act as your agent to make decisions and enter into transactions on your behalf. The authority you give to your agent can be as broad or as limited as you want to make it.