The powers granted in this document allow for the restricted use of handling someone else’s financial affairs on their behalf. Meaning, the document allows for the someone, known as the “Principal”, to select someone else, known as the “Agent”, to handle specific financial matters on their behalf. Most commonly this is used to select an attorney to handle a real estate transaction on the principal’s part, but may be used for anything from picking up mail for a period of time to handling investment assets.