Agent
In estate planning, the person you appoint in a power of attorney to act on your behalf. Also called an attorney-in-fact. Your agent has the authority to make financial, legal, or healthcare decisions as specified in the document.
Legal Definition
The person designated by a principal in a power of attorney to act on the principal's behalf, also known as an attorney-in-fact, whose authority is limited to the powers granted in the instrument.
Practical Example
In her durable power of attorney, Martha names her daughter as her agent. If Martha becomes incapacitated, her daughter can sign checks, pay bills, file taxes, sell property, and handle all financial matters on Martha's behalf.