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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.
Limitations Of A Power Of Attorney He/she cannot delegate the authority to some other person to behave as an agent. An agent cannot act against the best interest of the principal. The powers of the POA to make financial or legal decisions end as soon as the Principal dies and the Executor of the State assumes control.
Who Can I Name to Have Power of Attorney? You can technically name anybody to have POA, so long as it is done under your free will and you are mentally competent.1 It should be somebody trustworthy and capable, such as a spouse, close family member, or friend. You may also designate your lawyer to have a POA.
Limitations of a Power of Attorney in India A power of attorney only grants the authority specified in the document and does not extend beyond that. The authority granted by a power of attorney cannot be transferred to others. An agent appointed under a power of attorney cannot delegate authority to another person.
Circumstances Where the Power of Attorney Cannot be Revoked Section 202 of the Indian Contract Act provides that where the agent develops an interest in the subject matter of the POA, then the principal cannot revoke the POA as it harms the interest of the agent.
Is It Possible to Revoke the Power of Attorney? In California, you can revoke power of attorney for any reason, so long as you are deemed of sound mind. However, it is vital to note that you must have a notary present to witness the process so they can legally notarize the document.
To make a California POA, you must: Be at least 18 years old. Have mental ?capacity,? meaning you're able to understand the nature and consequences of creating a POA. Sign and date your POA in the presence of a notary public or in front of two competent adult witnesses, who also sign and date your document.
File a petition with the probate court If you have decided that there is definitely abuse going on between the principal and the POA agent, you should file a petition with the probate court. This will help to remove the current agent and begin the process of establishing a new one.