There are many circumstances in one’s life where a person having properties, bank accounts, etc. may not be in a situation or a position to perform his/her duties; due to various reasons like being abroad, ill, old etc. In such scenarios, if the transaction requires the presence of an individual who is unable to be present physically, then the only solution is to give their rights or powers to a person who can act on behalf of the individual. This is when a Power of Attorney (POA) is to be created.
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What is Power of attorney
Vishnu
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November 17, 2022
2022-11-17T12:01:07+00:00 2022-11-17T12:01:09+00:00Comment
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