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User I'd.: Voluntary and Limited purpose POA in favor of IFL for operational requirements as per client authorization/ instruction. POWER OF ATTORNEY POWER OF ATTORNEY IN Favor OF IFL SECURITIES LIMITED This

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How to fill out power of attorney

01

To fill out power of attorney, follow these steps:

02

Obtain the power of attorney form from your state's website or local government office.

03

Read the instructions carefully to understand the requirements and limitations.

04

Enter your personal information, including your full name, address, and contact details.

05

Specify the powers you want to grant to your chosen agent or attorney-in-fact.

06

Include any special instructions or conditions you want to impose on the power of attorney.

07

Sign and date the form in the presence of a notary public or two witnesses, as required by your state's law.

08

Have the notary public or witnesses sign and provide their contact information.

09

Make copies of the completed form for your records and give a copy to your agent for their reference.

10

Consider consulting with an attorney to review the power of attorney before finalizing it.

Who needs power of attorney?

01

A power of attorney can be useful in various situations and individuals who may need it include:

02

- Elderly individuals who want to appoint a trusted person to handle their financial or medical affairs in case they become incapacitated.

03

- Individuals planning to travel abroad or be away for an extended period and need someone to manage their financial matters during their absence.

04

- Individuals with a disability or illness that may prevent them from making decisions or handling their own affairs.

05

- Business owners who want to designate someone to act on their behalf in legal or financial matters related to their business.

06

- Parents who want to grant temporary authority to someone to make decisions for their minor child in their absence.

07

- Individuals involved in a real estate transaction who need someone to handle the paperwork and signing on their behalf.

08

- Individuals who want to ensure someone is legally authorized to make healthcare decisions on their behalf if they cannot communicate their wishes.

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What is power of attorney?

Power of attorney is a legal document that allows someone to make decisions on behalf of another person.

Who is required to file power of attorney?

Power of attorney is typically filed by an individual who wants to designate someone else to make decisions on their behalf.

How to fill out power of attorney?

Power of attorney forms can be obtained from a lawyer or online, and must be filled out with the relevant information and signed by both parties.

What is the purpose of power of attorney?

The purpose of power of attorney is to give someone else the authority to make legal and financial decisions on behalf of another person.

What information must be reported on power of attorney?

Power of attorney forms typically require information about the parties involved, the scope of authority granted, and any limitations or conditions.

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