A healthcare power of attorney is a document in which you give legal authority to another person to act as your agent in the event you are unable to make or communicate decisions about your healthcare.
A financial power of attorney (often referred to a durable power of attorney) is a document in which you give legal authority to another person to act as your agent to manage and make decisions about your property and assets.
A power of attorney can be made effective at the time it is signed or it can be effective only upon incapacity.
There are also special powers of attorney executed for limited purposes. For example, a person can authorize another to purchase and/or sell real estate on his or her behalf or to manage rental property. A parent or guardian can grant a limited power of attorney to another to care for a child or ward over a limited period of time.
More information about Powers of Attorney can be found here at the Arizona Legal Forms Library (a service of Cautela Corporation). The Library can also assist you in the preparation of a Healthcare or Financial Power of Attorney at a lower cost than office services if you prefer to “do-it-yourself”.