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NON-MANDATORY POWER OF ATTORNEY TO ALL TO WHOM THESE PRESENTS SHALL COME I / we (1) (2) (3) residing at/having its registered office at (As per KYC), send greetings. WHEREAS I / we hold beneficial

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How to fill out power of attorney

01

Step 1: Gather the necessary documents and information. This includes personal identification, the name and contact information of the person you want to give power of attorney to, and any specific instructions or restrictions you want to include in the document.

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Step 2: Choose the type of power of attorney you need. There are different types depending on the level of authority you want to grant, such as general power of attorney or durable power of attorney.

03

Step 3: Consult with a legal professional if needed. They can help you create the document and ensure it complies with the relevant laws and regulations.

04

Step 4: Draft the power of attorney document. Include your name, the name of the person you are granting power of attorney to, the specific powers you are granting, and any limitations or conditions you want to impose.

05

Step 5: Sign the document in the presence of a notary public or other authorized witnesses. This will make the power of attorney legally binding.

06

Step 6: Keep a copy of the signed power of attorney document for your records and provide a copy to the person you granted power of attorney to. It is also a good idea to inform other relevant parties, such as banks or healthcare providers, of the power of attorney.

Who needs power of attorney?

01

Anyone who wants to ensure their financial or personal affairs are taken care of in the event they become unable to make decisions.

02

Individuals with aging parents who may need assistance managing their affairs.

03

People with disabilities who may require someone to act on their behalf for financial, healthcare, or legal matters.

04

Business owners who want a trusted individual to handle their business affairs in their absence.

05

Families with children who want to designate someone to make decisions on their behalf in case of emergencies.

06

Anyone who wants to have a designated representative to act on their behalf in specific situations.

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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?

Individuals who want to designate someone to act on their behalf in legal or financial matters.

How to fill out power of attorney?

Power of attorney forms can be obtained online or from an attorney, and must be filled out with the designated representative and signed in front of witnesses.

What is the purpose of power of attorney?

The purpose of power of attorney is to give someone the authority to make decisions in the event of incapacitation or inability to make decisions.

What information must be reported on power of attorney?

Power of attorney must include the names of the parties involved, the powers granted to the representative, and any limitations on those powers.

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