Who is an attorney-in-fact in a power of attorney document? What are his roles?
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A power attorney document contains different people. For instance, you may need to appoint an attorney in fact. This is the person given the authority to act on your behalf. Remember, in this case, you are the principal. Therefore, an attorney-in-fact is an agent or person legally authorized to act on behalf of the principal. So, the designation of an attorney in fact happens when the person who is represented grants the power of attorney. The attorney-in-fact is in charge of making financial and health decisions on behalf of the principal. These decisions can be related to real estate, business, investment, and at times personal matters.