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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 lasting power of attorney (LPA) is a legal document that lets you (the âdonorâ) appoint one or more people (known as âattorneysâ) to help you make decisions or to make decisions on your behalf. This gives you more control over what happens to you if you have an accident or an illness and canât make your own decisions (you âlack mental capacityâ).