Extra services- Powers of attorney. Wills/ Testaments

Legalization of documents

Public Notary ;

Commissioner for Oaths.

Power of attorney

  • Non- durable power of attorney

Is used only for a set period of time and usually for a particular transaction in which you grant your agent authority to act on your behalf. Once the transaction is completed, or should the principal become incapacitated during this time, the non-durable power of attorney ceases.

  • Durable power of attorney

Can be used to allow an agent to manage all the affairs of the principal should they become unable to do so. It does not have a set time period and it becomes effective immediately upon the incapacitation of the principal. It does expire upon the principal’s death.

  • Special or Limited power of attorney

Is used on a limited basis for one-time financial or banking transactions, or for the sale of a particular property. This is most often used when the principal is unable to complete the transaction due to prior commitments or illness and wants to appoint an agent to act on their behalf. The agent has no other authority to act on behalf of the principal other than what is assigned to them in the limited power of attorney.

  • Medical power of attorney

Grants authority to the agent to take specific control over the health care decisions of the principal should they become incapacitated or unable to do so. This usually takes effect upon the consent of the presiding physician and it allows the agent to authorize all medical decisions related to the principal.

  • Springing power of attorney

Becomes effective at a future time and only when a specific event occurs, such as the incapacitation of the principal or a triggering event that occurs while the principal is out of the country and unable to act upon it. This type of power of attorney can be durable or non-durable and can encompass any number of affairs the principal wants to assign to the agent.

Wills. Testaments.

A will is a formal document which sets out how a person (the “testator” – or “testatrix”, if female) wishes to dispose of his or her property on death. A person may make as many wills as he wishes, but the only relevant one is the last valid will made before his death.