Anisha Travel & Tourism LLC

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               Anisha Group of Companies
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603, Dubai National Insurance Building, Deira

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Mon-Sat: 9.00 am to 6.30 pm

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+971-585028006

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info@anishagroup.com

Power of Attorney is a legal document through which an individual grants the authority to manage property, banking, legal affairs, and more to another person. This delegation of power can be for reasons such as being abroad, aging, or facing difficulties in handling specific responsibilities. In this written legal instrument, the person granting authority, known as the donor or principal, authorizes another person, called the donee, attorney, or agent, to act on their behalf.

Key Features

Granting Authority: A POA grants someone else the power to act on your behalf in various matters, from financial decisions to healthcare choices.

Types of Power of Attorney

General Attorney: This covers a broad range of activities and is often used for specific time frames.

Limited or Special POA: Grants authority for specific situations, like selling property or handling a specific financial transaction.

Durable Power of Attorney: Remains effective even if you become incapacitated.

Medical Attorney: Specifically addresses healthcare decisions, allowing someone to make medical choices for you.

Choosing an Agent: The person you choose to grant power to is called the agent or attorney-in-fact. It should be someone you have complete trust in.

Revocation: You can revoke or change a POA at any time if circumstances or relationships change.

When is a Power of Attorney Useful

Medical Emergencies: If you’re unable to communicate, a Medical POA ensures your healthcare wishes are known and followed.

Travel: A General Power of Attorney can be useful if you’re away and need someone to handle your affairs.

Aging Population: As people age, having a Durable POA in place can be instrumental in managing financial and healthcare matters.

Business Transactions: When involved in business, a Limited Attorney can be handy for someone to act on your behalf for specific deals or transactions.

Conclusion

Understanding the POA is a simple yet powerful step in planning for the unexpected. By choosing a trusted document-clearing service and specifying your preferences, you ensure that someone you trust can step in when you need support the most. It’s a practical tool providing peace of mind in various situations.