This is a summary of the statutes listed below. The terms are not quoted verbatim, but are paraphrased.
Analysis follows certain statutes.
The person appointed to act as agent of a principal in a written power of attorney. An attorney in fact shall exercise the powers conferred according to the principal's instructions, in the principal's best interest, in good faith, prudently, and in accordance with certain listed sections of the law. Attorney in fact is under a duty to act in the interest of the principal and to avoid conflicts of interest. He or she shll exercise the authority to act with that degree of care that would be observed by a prudent person dealing with the property and conducting the affairs of another. If the principal becomes disabled or incapacitated, the attorney in fact may consult with the principal's spouse, any member of the family, or any other person in regard to the matters to be undertaken for the principal.