Empower with Limits Understanding Limited Power of Attorney

Empower with Limits: Understanding Limited Power of Attorney

Defining Limited Power of Attorney

Limited Power of Attorney, often abbreviated as LPOA, is a legal document granting someone the authority to act on behalf of another but with restrictions. This section delves into the specifics of this legal instrument and its applications in various scenarios.

Scope of Authority: What Limited Means

The term “limited” in Limited Power of Attorney holds significance. It signifies that the authority granted is not all-encompassing but rather restricted to specific actions or decisions. Understanding the scope of authority is pivotal for both the person granting power