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Any power of attorney executed outside India needs authentication. It has to be executed in the presence of certain designated officers. So, any power of attorney executed outside India should be authenticated by a notary public of that country , the Indian consul, or by a representative of the Central Government.
General Power of Attorney. In this situation, the agent can perform almost any act as the principal, such as opening financial accounts and managing personal finances. A general power of attorney arrangement is terminated when the principal becomes incapacitated, revokes the power of attorney or passes away.
THE NOTARY'S POWERS - Virginia notaries may notarize powers of attorney and wills. - Virginia notaries are not authorized to certify true copies of birth, death, or marriage certificates.
It is irrevocable and the principal must agree to ratify what is done by the GPoA. A Special power of attorney (SPoA) is a legal document authorising one person (called an agent) to act on behalf of another (the principal).
A general power of attorney gives an agent the power to handle your financial matters in your place. They can mostly do anything you could do, such as selling assets, transferring funds, or making gifts or investments. A limited power of attorney can handle a specific task or set of tasks for you.
Execution of power of attorney. A power of attorney shall be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.
To be sure the document will be valid in Virginia, you should have an attorney review it for you or have a new one written. Your local legal aid office may prepare a power of attorney for you if you are eligible for legal aid.
Power of Attorney format IndiaThe name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.20-Apr-2020
A general power of attorney gives broad authorizations to the agent. The agent may be able to make medical decisions, legal choices, or financial or business decisions. A special power of attorney narrows what choices the agent can make. You can even make several different POAs, with different agents for each.
While Virginia does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Virginia law, when you sign your POA in the presence of a notary public, your signature is presumed to be genuinemeaning your POA is more ironclad.