This is a general power of attorney or mandate where a person appoints an agent to handle their affairs. It covers many matters including bank accounts, real estate transaction, health care decisions, and many other broad powers.
This is a general power of attorney or mandate where a person appoints an agent to handle their affairs. It covers many matters including bank accounts, real estate transaction, health care decisions, and many other broad powers.
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Yes. You may grant power of attorney to more than one agent, however, the legal document(s) you create should make each agent's scope of authority clear. It is possible to give more than one agent concurrent or dual powers, which means that they have equal authority to make decision on your behalf.
Your parents' next of kin (a spouse, you, other siblings etc) cannot just take control of their finances or make health-related decisions. The only person who can do this legally is the nominated power of attorney.
You can appoint just 1 attorney, or more than 1 attorney, to act: "jointly" they must always make decisions together. "jointly and severally" they have to make some decisions together and some individually.
Couples can make Mirror Lasting Power of Attorneys, nominating each other or the same people to act as their attorneys.
Powers of Attorney by Two or More PersonsA power of attorney may be executed by two or more persons jointly in favour of one or more persons and when there are several persons as attorneys a complete authorisation in letter to be given by one of them for acting severally.