Kaagazaat

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Power of Attorney for Elderly Parent’s Affairs

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  1. Where and when you sign
  2. You, the parent
  3. The person you are appointing
  4. Bank, pension and medical care
  5. Safeguards, and how long it lasts
  6. Witnesses

Step 1 of 6

Where and when you sign

For example: Chandigarh

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POWER OF ATTORNEY FOR ELDERLY PARENT'S AFFAIRS

to be my true and lawful attorney, in my name and on my behalf, for my bank, pension and medical care paperwork described below, upon the terms of this Power.

  1. 1. WHY I AM GIVING THIS

1.1 I find it hard to go to banks, offices and hospitals myself, and I give this Power freely, understanding what it allows, so that the Attorney can deal with the matters below for me.

  1. 2. MY BANK ACCOUNTS AND PENSION
  1. 3. MEDICAL CARE PAPERWORK

3.2 This Power does not give the Attorney any right to consent to or refuse treatment for me. Those decisions stay with me and my doctors.

  1. 4. SAFEGUARDS

4.1 My money shall be kept apart from the Attorney's own money and used only for my needs and expenses. The Attorney shall not give any gift out of it, and shall not transfer it to himself or herself or to anyone else, except to pay my bills and my care.

4.2 The Attorney shall not sell, mortgage, lease or gift any property of mine, make or change a will or nomination for me, or take any loan in my name.

  1. 5. THE OTHER PLACES' OWN REQUIREMENTS

5.1 A bank, pension office, insurer or hospital may require its own format, the Attorney's own identity checks, or my presence for some steps. I will comply, without that affecting this Power for any other purpose.

  1. 6. REVOCABLE, AND IT ENDS IF I CAN NO LONGER UNDERSTAND

6.1 This is an ordinary power of attorney. I may revoke it at any time by written notice to the Attorney and to any bank or office that has been told of it, under s.203 of the Indian Contract Act, 1872. It ends on my death, and also if I become of unsound mind, under s.201 of that Act, whatever clause 7 says about its stated duration. It is not a power coupled with an interest.

  1. 7. DURATION
  1. 8. GENERAL

8.1 The Attorney shall act honestly and in the Principal's interest, shall keep the Principal informed, and shall keep a written account of every sum received or paid under this Power.

8.2 The Attorney may not hand this Power over to another person (sub-delegate it).

8.4 If any provision of this Power is held invalid or unenforceable, the rest continues in effect.

IN WITNESS WHEREOF the Principal has executed this Power of Attorney at __________ on __________.

Signature: ______________________________

Signature: ______________________________

WITNESSES

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