What do the terms Grantor and Attorney mean in the context of a Power of Attorney form?
A “Grantor” is a person who makes a Power of Attorney. This Power of Attorney gives someone else, the “Attorney”, the authority to look after his/her financial affairs and assets. The “Grantor” can also be called the “Principal” or “Donor”. The word “Attorney”, used in the term Power of Attorney form, does not mean that the person appointed has to be a solicitor or lawyer. The person appointed as ‘Attorney’ can be anyone over the age of 18 who is able to make decisions and assist the “Grantor” with financial or property affairs and could be a relative, friend, professional or adviser. But above all, the “Attorney” should be someone you trust to look after your affairs and act in your best interests.
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