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Your name, address, and signature as the principal. The name, address, and signature of your Agent. The activities and properties under the Agent's authority. The start and termination dates of the Agent's powers. Any compensation you will give to the Agent.

A power of attorney needs to comply with the laws of the country where it will be used, and you may wish to consult a lawyer familiar with the laws of that country. When you sign a power of attorney for use in another country, you may need to have your signature notarized.

Once a parent is no longer competent, he or she cannot revoke the power of attorney. If the agent is acting improperly, family members can file a petition in court challenging the agent.

Main differences between will and power of attorney:Will executed by the testator takes effect only after the death of the testator.But the power of attorney can exercise the powers only during the lifetime of the principal.

This is why it is important that you review and sign a new power of attorney every few years. There is no set rule of how often you should resign one, but if you want to make sure you are safe, every 3 years would be prudent. You don't have to go to a lawyer to draft you a new one every time.

You can draft a durable power of attorney by writing out or typing the document, which should include the date, your full name, and speech that clearly identifies the document as a durable power of attorney that applies even in the case of your incapacitation.

A power of attorney (POA) is a legal document that gives someone else the authority to handle business or financial matters on your behalf.You can create a POA yourself as long as it fulfills your state's requirements, or you can use an online service provider to create the document.