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Publisher one

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Source file

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

⚖️ Power of attorney

Business activity

Grant power of attorney

Why use a ⚖️ Power of attorney?

A power of attorney is a legal document that gives someone else the authority to act on your behalf in financial or legal matters. This can include signing documents, accessing bank accounts, or making decisions about your property. A power of attorney can be used in limited situations or for a specific task, or it can be used more broadly to give someone else general authority over your affairs.

A Limited Power of Attorney under UK law is a legal template that authorizes an individual, known as the attorney-in-fact, to act on behalf of another person, known as the grantor, in specific and designated matters. This legal document grants the attorney-in-fact with limited authority to make essential decisions or carry out specific actions on behalf of the grantor, while outlining the scope and limitations of their power. The Limited Power of Attorney template highlights the specific areas or transactions in which the attorney-in-fact is permitted to act, such as property transactions, financial matters, medical decisions, or business negotiations. It also specifies the duration or conditions that apply to the power granted and whether it is effective immediately or upon a specific event or date. By using this template, individuals can establish a legal framework that allows someone they trust to handle specific matters on their behalf, ensuring that their interests are protected and managed carefully within the boundaries defined by the Limited Power of Attorney document.

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