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This document appoints Indo Thai Securities Ltd. as the attorney for the undersigned investors, granting the authority to manage their securities transactions, including debiting and transferring securities, and handling various account-related activities. It ensures that transactions are carried out efficiently while the investors may not be present.

How to fill out power of attorney

How to fill out power of attorney

1. Begin by downloading a power of attorney form from a reliable source or consulting with an attorney.
2. Identify the principal, the person granting the authority, by including their full name and address.
3. Clearly specify the agent, the person who will receive the authority, by stating their full name and relationship to the principal.
4. Detail the specific powers being granted, including any limitations or conditions for the agent's authority.
5. Include the effective date of the power of attorney and whether it is durable (remaining in effect if the principal becomes incapacitated).
6. Have the principal sign and date the document in the presence of a notary public or witnesses as required by state law.
7. Distribute copies of the signed document to the agent, the principal's bank, and any institutions that may need it.

Who needs power of attorney?

1. Anyone who wants to ensure their financial or medical decisions will be handled by someone they trust in case they become unable to make those decisions themselves.
2. Individuals who are planning for potential incapacitation due to illness or aging.
3. People who may be going out of the country and need someone to manage their affairs in their absence.
4. Parents of minor children who want to designate someone to make decisions on their behalf if they're unavailable.

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What is power of attorney?

Power of attorney is a legal document that grants one person the authority to act on behalf of another person in legal or financial matters.

Who is required to file power of attorney?

Typically, individuals who wish to delegate their decision-making authority for specific matters, especially in financial, legal, or healthcare aspects, are required to file power of attorney.

How to fill out power of attorney?

To fill out a power of attorney, enter the principal's name, the agent's name, specify the powers granted, include any limitations, and sign the document in accordance with state laws.

What is the purpose of power of attorney?

The purpose of power of attorney is to ensure that someone can make decisions on behalf of another person when they are unable to do so due to illness, absence, or incapacity.

What information must be reported on power of attorney?

Power of attorney must report the names of the principal and agent, the specific powers being granted, the duration of the authority (if applicable), and the signatures of both parties.