Why do I need a Power of Attorney (POA) for gifting a property?
There are not much articles online about the nitty gritty of gifting a property in Dubai, even more so about how grueling it is for the actual transfer to take place. It’s an undertaking which demands a lot of time on the person gifting the property (“The Grantor”) and the person receiving it (“The Grantee”).[…]
What is the difference between a Power of Attorney and a Will?
Planning for the uncertainties of the future from a legal and financial perspective can be difficult if you don’t have a clarity of the laws of your jurisdiction. There are many requirements as per the laws to be put into place to safeguard yourself and your loved ones legally and financially. A Will and a[…]
6 things you need to know before granting a Power of Attorney in Dubai
A Power of Attorney (“POA”) is a legal document that grants a designated person the power to act on your behalf with the matters attached to your assets and business. A Power of Attorney in Dubai is the most common legal document in business or personal matters that one can have. A Power of Attorney should[…]
Issuing a Power of Attorney in the UAE
Power of Attorney is a declaration for delegation of authority that allows you to give authorization to another person to act as your attorney-in-fact or agent. In general, any person can be an agent including a family member, a friend, or professionals such as lawyers. The powers that you are delegating should be specified in[…]