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The answer is Yes, a general or specific Power of Attorney (?POA?) executed in the United States can be enforceable in Puerto Rico too, if the following conditions are met: 1. The executed POA must comply with the law requirements and formalities of the state in which it was executed; 2.
A general power of attorney permits your attorney-in-fact to act on your behalf in all of your personal affairs. It automatically terminates when you become incapacitated or unable to act on your behalf unless it contains a durability clause.
The three most common types of powers of attorney that delegate authority to an agent to handle your financial affairs are the following: General power of attorney. Limited power of attorney. Durable power of attorney.
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. A limited power of attorney restricts the agent's power to particular assets.
Any trademark to be registered in the USVI must already be fully registered in the United States. For any application in the USVI, the applicant must provide to the USVI Division of Corporations and Trademarks a Certified copy of the corresponding United States Certificate of Registration.
There are various types of liens which may encumber a property under Puerto Rico Law. We are prepared to handle these and help the parties comply with their legal or contractual demands ingly.
To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA). DLCA will complete the "One Step" review process with the following government agencies: Police Department. VI Bureau of Internal Revenue (tax clearance)
A general power of attorney will also end if you become mentally incompetent and can no longer make decisions. An enduring power of attorney continues even if you become mentally incompetent.