Similarly, some states require notarization while others need witnesses to attest to the principal's signature on the POA. While some states, such as New York, require both the principal and agent to sign the document, others only require the signature of the principal. Many states have applicable laws that are significantly different from those in other states, including the rules for having a witness sign the power of attorney documentation. The POA document has to follow your state's laws otherwise, third parties may refuse to recognize your agent's authority. They act on your behalf regarding financial matters, health care matters, or both, depending on what powers you give them. A power of attorney (POA) is a document that lets you, the principal, appoint someone to act as your agent (also referred to as an attorney-in-fact) in the event you are unavailable or lack the requisite mental capacity to make decisions.
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