What is a "power of attorney"?

Question: What is a power of attorney?

Answer:

It’s is a written agreement between you and someone that you trust. It empowers that person to do certain things on your behalf while you are alive, if you are unable to do them yourself, such as administering your financial assets. The person granting the power is called the donor. The person to whom power is granted is the donee. It is a legal document, and it is signed before two witnesses. These witnesses should never be family members, nor anyone else who has an “economic interest” in your estate.