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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.
You can write a POA in two forms: general or limited. A general power of attorney allows the agent to make a wide range of decisions. This is your best option if you want to maximize the person's freedom to handle your assets and manage your care.
You can execute a power of attorney on a plain paper and the deficit stamp duty can be levied at the time of registration. Unregistered GPA dealing with the immovable property is not valid.
The Durable Power of Attorney In other words, you'd use a durable POA if you wanted to give your agent authority once you're unable to act for yourself. Because of this, many consider a durable POA to be the most powerful type of power of attorney.
It is almost always recommended that you create a will and power of attorney together. The power of attorney provides protection during your lifetime, while the will provides protection after your death. Together they provide an ongoing umbrella of protection for your assets.