What is a dual power of attorney?
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This is a legal document that gives two individuals the rights and powers to represent you in financial and legal matters. They can make decisions on your behalf if you are not in a position to do so. Therefore, a typical power of attorney has a single person appointed to act on behalf of the principal while a dual power of attorney has two people in charge of the same. Notably, a dual power of attorney ensures everyone is significant and is involved in the decision-making. Also, some of the individuals who can be designated as your powers of attorney include agents and attorneys in fact.