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When should I give a Power of Attorney?

You can give a Power of Attorney for various reasons depending on your situation. To name some, you can issue a Power of Attorney, if:

  • You travel a lot and want someone to represent you in your absence;
  • You have properties and want to appoint an agent to manage and look after them;
  • You want to appoint someone to handle your day-to-day personal and business dealings;
  • You are a business owner and want to grant certain powers to a Manager to run the business on your behalf;
  • Your kids travel to other country (ies) without you (i.e. legal guardian);
  • You want someone to buy or sell movable or immovable assets for you;