Obviously, he or she must be someone you know well and trust. Any powers authorized by your state law that you think will be needed to handle your personal or business finances. Technically, it's good until death unless revoked. Review your document every five years or so to make sure your needs and wishes are still the same. If you have a major life change, such as divorce, remarriage, or a move to another state, think about revising it.
Few people enjoy being out of control at any age.
Attorney Cindy Lynn Wofford recalls a case in which an elderly man lived alone is a state far from his son. The man was gave his son permission to sign checks on only one account, although he had several. Most state laws let a capable principal substitute agents or revoke poa . If you do revoke a poa , notify all interested third parties immediately. Unless someone knows about the revocation, he can rely on the poa .