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(Guest)

Power of attorney

my father is more than 80 years old and he was a businessman and he is suffering from various deceases. I want to execute a power of attorney as soon as I can as the health of my father is getting worse day by day.There are a lot of lands and other business properties and other documents, shares and court cases in his name, so I want to transfer all of them in my name as it is not possible for him to do the same and my father is giving his consent to do so. My Qs is that should I register a GENERAL POWER OF ATTORNEY detailing everything in that (every bit of information) or should I register a SPECIAL POWER OF ATTORNEY for every specific thing.



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 2 Replies

Arpit lalan (Legal Consultancy/Advocate)     13 September 2014

1 Are you the only Legal Heir. Because my answer will depend on that.

2. ASAP get the WILL made. As in tell your Father to make a will bequeathing all his properties. Movable and immovable.

3. After this you can effect a Power for the court cases.

W>R>T the properties, first get the Wil made then we take it forward.

Arpit lalan (Legal Consultancy/Advocate)     13 September 2014

Also, incase you feel that there are other legal heirs and issues can crop up then then your Father to effect a GIFT DEED immediately.

 

but WILL is a must!!


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