A power of attorney is a pretty standard document. You can find the forms on the internet. Fill them out and have your signature notorized and hand the document to the person. It can be a hassle for the person and they then have the ability to do whatever they want with your stuff, so you want to limit the power of attorney to specific transactions or items. It would be a good idea to consult an attorney to insure you aren't getting yourself into trouble.
Unless done under emegency circumstances, this is best done with the help of an attorney. There are ALL types of POA's (general/limited/medical/etc/etc) and without proper legal counsel it is too easy to do something un-intended. By giving a POA you are essentially giving away some or all of your rights and privileges to someone else.
Once you have completed the Power of Attorney, you should give the original to whomever you named as the power of attorney (attorney-in-fact) and keep a copy for yourself.
I do not think there are any restrictions on whom you want to give your power of attorney. If you think the person is reliable and capable of doing your will, go ahead.
Wouldn't you have had to GIVE them power of attorney; like if you were sick or in jail or out of the country?
You cannot 'take' a power of attorney. The individual has to give it to the party, or a court has to appoint someone.
The person being given power of attorney must be at least 18 years old.
Anyone can act as a power of attorney for someone else. You do not have to be an attorney
They do not have the ability to transfer the power of attorney. A court can appoint a new one.
When someone dies and leaves a will, it does not always state who has power of attorney. To gain power of attorney, one would need to complete a form, naming the person they wish to pass power of attorney to.
Yes.
No they will not be able to access funds. A power of attorney expires on the death of the grantor.
No. An attorney-in-fact or agent under a Power of Attorney cannot assign their power to someone else.
I believe POA can be vested to anyone regsrdless of relationship.