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Power of attorney (POA) is an agreement that gives an agent decision-making power to act on behalf of the principal. Details of power of attorney contracts can vary, and you can limit the scope and duration of the powers if you wish. However, you must clearly spell out the rules and limitations in the document. For individuals, most powers of attorney have to do with healthcare or financial matters. You can select an agent whom you trust to make good decisions and respect your wishes if you become incapacitated and unable to act for yourself. Anyone can grant power of attorney, and it can be a good idea to do so to avoid having a court choose an agent for you if you become incapacitated. You should also use correct terminology for power of attorney documents and spell out details clearly to avoid any confusion and to ensure both the court and the agent follow your wishes. Requirements for POA agreements can differ by state. Some places allow verbal POA, while others require that you have a power of attorney document notarized before it becomes legal. Finally, some states require that you file a copy of the agreement with a court before it is legally enforceable. You can cancel a POA agreement at any time by creating a revocation document or making a new POA contract that cancels the old one. It can be a good idea to get legal advice before drafting power of attorney documents. A legal professional can ensure that your document meets all requirements for your state.