How do I set up a power of attorney, and what can it cover? | NC

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Q: How do I set up a power of attorney, and what decisions can it cover? A: A power of attorney is usually set up by signing a written document where you, the principal, name a trusted person, called an agent, to act for you. Most people use two separate documents—one for financial and property decisions, and a different one for health care decisions—because those powers work differently. What…