What is a General Power of Attorney (GPA)? What is a Special Power of Attorney (SPA)? Heard about Durable Power of Attorney? Which PoA should be used for what purpose? Find out answers to all these questions and more.
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In this video, we have explained:
What is Power of Attorney?
What are the various types of Power of Attorney?
Why is the Power of Attorney required?
What are the responsibilities a Power of Attorney covers?
Who can create a Power of Attorney?
What is Special, General and Durable Power of Attorney?
Which Power of Attorney should be used for what purpose?
When is a power of attorney is considered legal?
What are the validity rules for power of attorney?
What are the drawbacks of power of attorney?
What are necessary precautions for power of attorney?
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