Power of Attorney is an instrument which empowers a specified person to act for or/and in the name of the person executing it.
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Power of Attorney is an instrument which empowers a specified person to act for or/and in the name of the person executing it. Power of Attorney is guided by the Power of Attorney Act 1882.
POA is also known as Power of Authority which gives the authority in some specified or all legal or financial matters to act for another person. The person who gives the authority to some other trustable person is known as the principal or a donor.
There are various situations where one may not be in a position to perform his duties due to reasons and where transaction requires the presence of the individual who is not able to be present personally like an individual possessing properties, bank accounts, etc. or being abroad, physically ill, old in age etc and such situation might requires a Power of Attorney.
Legal Window has a team of experts providing you with the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to legal drafting of Power of Attorney. You may get in touch with our team on 072407-51000 or email [email protected]
As we receive a request from you for drafting Power of Attorney, our expert team will share a questionnaire to be filed by you for taking your request forward. In which basic details will be sought like the purpose of creation and type of attorney etc.
After receiving the said questionnaire and the information relevant for drafting of the Power of Attorney, we will begin to draft the same and if in need we require any other information the same will be sought by us through a call. The drafting of Power of Attorney might take 2-4 business days.
Once the POA is ready from our side we will share a draft of the same with you for final approval. If you find the same in order the final copy will be shared in a day and if corrections or additions are required then the same will be revised and verified by our team.
Our experts will do the needful and the same will be shared with you as final POA.
When a person gives another person a complete general right or a power to act lawfully pertaining to his/her property or bank accounts or tax payment, or work of registration or to sue a third party etc. like a General Power Attorney for all your properties or banking transactions or tax matters or registration or legal disputes and court matters etc.
A Special Power of Attorney is created when any particular task or specific task or act is to be performed. Once the said particular act is done the Special power of Attorney comes to an end.
The Durable POA does not have a set time period and it becomes effective immediately upon the incapacitation of the principal can be used to allow an agent to manage all the affairs of the principals even after principal’s death.
A non - durable POA is prepared for a specific period of time where an agent can take every decision on behalf of the owner but as soon as the validity gets over the non- durable Power of Attorney cannot take any decisions.
Name, age, address and occupation of the Principal.
Details of the Attorney.
Valid legal reason for granting the power of Attorney
Date and Place of making the Power of Attorney and the effective date of that Power of Attorney.
Date of termination if it is limited by time. It is to be mentioned if no time is specified whether the Power of Attorney is durable or non-durable.
Where general power is granted all the acts and areas in which power is granted should be mentioned clearly.
The acts which the attorney cannot perform must be particularly stated.
In the case of a Special power of Attorney, a specific act or task that is needs to be done and completed must be clearly mentioned along with the time limit within which that act is to be done.