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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.
Power of Attorney. A power of attorney must be in writing and must list the principal, who is delegating power; the agent, the person to whom power is delegated; and the specific powers delegated. In the case of a trust, the principal is usually the grantor and the agent is usually the trustee.ower of Attorney. A power of attorney must be in writing and must list the principal, who is delegating power; the agent, the person to whom power is delegated; and the specific powers delegated. In the case of a trust, the principal is usually the grantor and the agent is usually the trustee.