Is Attorney in Fact the Same as Agent?

If you have executed a Durable Power of Attorney, then you have signed a document appointing a person to make financial decisions on your behalf. The document is called a Power of Attorney, and the person named to make decisions on your behalf is called an “Attorney-in-Fact” (otherwise known as an Agent).

What is the difference between an agent and an attorney?

As nouns the difference between agent and attorney

is that agent is one who exerts power, or has the power to act; an actor while attorney is (us) a lawyer; one who advises or represents others in legal matters as a profession.

Is an attorney in fact a lawyer?

An attorney-in-fact is a person who is authorized to act on behalf of another person, usually to perform business or other official transactions. The person represented usually designates someone as their attorney-in-fact by assigning power of attorney. An attorney-in-fact is not necessarily a lawyer.