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The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
Power of attorney for consideration is irrevocable Section 202 of the Indian Contract, 1872 provides that where the agent has himself, an interest in the property which forms the subject matter of the agency, the agency cannot, in the absence of an express contract, be terminated to the prejudice of such interest.
Learn How to Fill the Power of Attorney Form General - YouTube YouTube Start of suggested clip End of suggested clip You must first designate the individual who will act as your agent. Under the power of attorney. TheMoreYou must first designate the individual who will act as your agent. Under the power of attorney. The individual you choose should be someone you trust.
BY THIS POWER OF ATTORNEY, I, CD, defendant (or, etc.), in the above suit (or case), do hereby nominate, constitute and appoint EF, advocate etc., my attorney, for me, in my name and on my behalf to appear, act and plead in the said case, to make or present written statements, applications or petitions to the court, to ...
Things to Include In POA For Property Grantor Details- The name, age, address and occupation of the person who grants the power (Grantor) should be mentioned first. Attorney Details- The name, age, father's name, address and occupation of the person to whom the power is granted (Attorney) should be described next.