Which document gives authority to an agent to act on behalf of an incompetent principal, but is not effective until that incapacity occurs?

Question

Quizplus · Accepted Answer

A springing power of attorney is a legal document that only becomes effective when a pre-determined event occurs, in this case, the incapacity of the principal. It gives authority to an agent to act on behalf of an incompetent principal. The other options, such as a health care proxy, allow an agent to act on behalf of a principal in certain situations but do not require the principal to be incapacitated. A springing power of attorney grants authority to an agent to act on behalf of an incompetent principal, but only becomes effective when that incapacity occurs. This type of power of attorney is used to provide a flexible arrangement where the principal can retain control until they are no longer able to make decisions for themselves.

Which Document Gives Authority to an Agent to Act on Behalf