A Special Power of Attorney is drawn up to give your the attorney-in-fact authority to handle a particular task that is often limited in scope. For example, a specific power such as selling a piece of property, selling an automobile, closing a bank account at a financial institution, filing your tax returns, running your business while you are.. A Special Power of Attorney (PoA) is a legal document that grants a selected individual the authority to manage specified legal and financial affairs on your behalf, such as signing contracts, selling real estate, accessing bank accounts. The person granting permission is called the "principal," while the people or organizations obtaining.

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Special Power of Attorney Explained. With a general power of attorney, you can authorize someone to make decisions when you're not able to. Your agent, which is the person you choose, might be able to do a variety of things on your behalf. For example, they can file tax returns, access bank records or sign financial contracts in your name.. Special power of attorney refers to a person delegating specified powers to an attorney to act on their behalf. Unlike general power of attorney which gives wide-ranging decision power, special power of attorney limits the area of decision making or the specific decisions possible. For example, special power of attorney could be granted just for medical decisions or just to sell a specific house.