To balance logic and emotion when granting a POA, carefully evaluate the person’s trustworthiness, set clear boundaries, communicate regularly and transparently to make a confident decision.
FAQ Category: Services
Can POA be given to more than one person?
Yes, a POA can be given to multiple people, either to act together or independently.
Why does granting POA often feel emotionally difficult?
Granting a POA feels emotionally difficult because it means trusting someone else with your important decisions in your absence.
How can one protect themselves when POA is misused?
If anyone suspects that a Power of Attorney might be misused, one has the right to revoke it through procedures.
Does POA loses the control of NRIS over their own affairs?
No, granting a Power of Attorney (POA) does not mean that Non-Resident Indians (NRIs) lose control over their own affairs. The POA simply authorizes someone else to act on their behalf for specific tasks. NRIs can still make decisions and can also revoke the POA at any time.
Is it possible to limit the scope of POA?
Yes, with the help of special power of attorney one can specify the tasks to be done via particular clauses.
How long is a POA valid?
A Power of Attorney (POA) remains valid until it is revoked or when the principal passes away.
Who should be a good choice as an agent?
A good choice as an agent is someone who can be trusted, take responsibility, and handle your matters judiciously and efficiently.
What is the sensitive part of granting POA?
The utmost sensitivity involves while granting POA is trust. Trusting someone else with significant control over your affairs can trigger fear or anxiety.