What is a Power of Attorney?

A Power of Attorney (POA) is a legal instrument through which an individual authorises another person to act on their behalf. This delegation of authority is governed by the Power of Attorney Act, 1882. Such authorisation is often given for reasons like the person's absence, illness, incapacity, or other personal circumstances. Granting a POA ensures that another trusted individual can handle your responsibilities and decisions without causing you undue stress.

The individual granting the authority is called the Donor, while the person receiving the authority is known as the Attorney or Agent. Several types of POAs can be executed depending on the specific needs:

• General Power of Attorney
• Specific (or Special) Power of Attorney
• Deed of Revocation of Power of Attorney
• Durable Power of Attorney
• Non-Durable Power of Attorney

Our legal team will listen to your concerns and suggest the most appropriate type of POA based on your circumstances. Ideally, the POA should be granted to someone trustworthy who understands your expectations. Legal experts draft the POA to clearly outline your requirements and ensure the Attorney's actions reflect your wishes. Sperso Filings offers comprehensive assistance in drafting and executing POAs.

Advantages of Having a Power of Attorney

• Relieves you from complex decision-making
• Offers a fresh perspective in important matters
• Empowers your stakeholders to participate effectively
• Ensures your intentions are clearly documented
• Simplifies legal, financial, and administrative tasks
• Provides peace of mind knowing your affairs are managed properly

Process of Creating a Power of Attorney

1. Consult with our experienced legal professionals who will guide you in drafting the right POA.
2. Our experts will understand your specific needs through a set of simple questions.
3. The lawyer will draft the POA incorporating your instructions and preferences.
4. The POA must be signed by the donor and witnessed by two individuals (their signatures are mandatory).
5. The document must be notarised by a registered legal notary.
6. Applicable stamp duty is to be paid, which varies depending on the type and purpose of the POA.

Documents Required for Power of Attorney

• Full details of both the donor and the authorised individual
• Description of the powers being delegated
• Validity period of the POA
• Signature of the donor

Why Choose Sperso Filings for Your Power of Attorney?

Drafting a Power of Attorney requires attention to detail, as the terms defined in the document establish the extent of rights and responsibilities granted. A poorly prepared POA can expose the donor to misuse of authority, making expert assistance essential.

• Our legal experts ensure your POA complies with all legal standards and safeguards your interests.
• We meticulously include all critical terms and instructions in line with your needs.
• Sperso Filings offers two complimentary revisions to ensure complete satisfaction.
• Our services are reliable, ethical, and focused entirely on meeting client expectations.

Entrusting Sperso Filings with your Power of Attorney guarantees a secure, precise, and legally sound document.