by 
The Curious Bag
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A power of attorney is created by a person to grant legal authority to someone else to act in his place. This should only be given to a trusted individual since it will allow that person to do everything the originator could do if he were present.
Designation of Parties
The originator, or the person giving the authority, is the "principal." The person being trusted to act in her place is the "attorney-in-fact." This person must be of the age of majority and be mentally sound.
Stipulation
The document must be created while the principal has full mental capabilities and will remain valid if he then becomes incapacitated.
What It Can Do
Handling a real estate transaction in another location, taking care of a distant family member or overseeing business concerns are a few examples of uses of a power of attorney.
What it Cannot Do
This document cannot transfer custody of children or give another person authority to make medical or health care decisions for an individual or her family.
How Long is it Valid?
A durable power of attorney is valid as long as the principal is alive or until it is rescinded by him.
Source:
Legacy Writer.com: Online Power of Attorney
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