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Power Of Attorney
Power of Attorney (POA)
A Power of Attorney (POA) is a legal document that allows one person to act on behalf of another in legal or financial matters.
What is a Power of Attorney?
A POA grants legal authority to an appointed person (agent or attorney-in-fact) to make decisions or take actions on behalf of the person granting the power (principal). This can cover a wide range of responsibilities from managing finances to handling legal claims or property transactions.
Types of Power of Attorney
- General POA: Authorizes the agent to act in all matters on behalf of the principal.
- Specific POA: Limited to a particular act, such as selling property.
- Durable POA: Remains effective even if the principal becomes incapacitated.
- Medical POA: Grants decision-making power over medical care.
Eligibility
Any individual of legal age and sound mind can create a Power of Attorney. It is essential for those living abroad or incapacitated due to illness.
Documents Required
- ID proofs: Of both principal and agent.
- POA draft document: Outlining the responsibilities.
- Passport-sized photos: Of both parties.
- Witness signatures: As required by law.
Service via QikD
QikD assists in drafting, notarizing, and, if necessary, attesting the Power of Attorney for overseas use.
Processing Time
Typically takes 5-10 days depending on notarization and attestation needs.