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;