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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.
I, (name of the Principal), of legal age, Filipino Citizen, married/single, with the address of (address), do hereby name, constitute, and appoint,(name of Agent), of legal age, Filipino citizen, married/single, and a resident of (address), to be my true and lawful attorney-in-fact to do and perform the following acts ...
5 steps on how to process your Special Power of Attorney (SPA) Prepare SPA. Self-preparing. ... Notarize SPA. Have your SPA notarized by visiting Notary public. Authenticate SPA. By going to Official Document Services (ODS) and having your SPA authenticated. Consularize SPA. ... Send to the Philippines.
Attorney will type and print the special power of attorney document for you, which is usually 1 or 2 page long document with legal language. SPA documents contains your details with name and ID info, purpose of the power of attorney, person who can act on your behalf, etc. This fee may cost PHP1000 to PHP1500.
How to Get an SPA You can fill up an SPA form and go to the Philippine Embassy or Consulate for the notary public and authentication, which are done at the same for a single fee. Or you can bring or mail a notarized SPA for authentication to the Philippine Embassy or Consulate .