Archives: FAQs

A Power of Attorney expires in any of the following situations: The accomplishment and execution of the subject that the Power of Attorney had been issued for. If the principal or the agent dies. At the end of the term if specified in the POA. It the POA is revoked by the principal. If the

Your agent (a person acting on your behalf) can be anyone who is sound and at least eighteen years old. You may want for your agent to be a family member, a trusted, long-time friend or professional, such as your lawyer, doctor or accountant. You may grant power of attorney to more than one agent.

Yes. A Power of Attorney issued by a company is a legal document made by a company that authorises a person (the “agent”) to act on its behalf and/or sign certain documents on its behalf. The most common reason for a company to issue a Power of Attorney is if one of the directors, who

As long as the agent acts within the limit of authority given to him/her by a POA, all responsibilities, actions and deed carried out by him will be on the principal. If the agent exceeds his limit mentioned in the Power of Attorney, he will be responsible for such actions if he does it intentionally.