General Power Of Attorney Template South Africa
South african power of attorney.
General power of attorney template south africa. Often a power of attorney is used to ensure that your affairs will be administered according to your wishes in the event that you become mentally or physically incapable. There s no need to issue a general power of attorney with broad powers if a limited or specific power of attorney will suffice. And without in any way restricting or limiting the aforementioned general powers and authorities i do hereby specially authorise my said attorney and agent to do all of the following acts matters and things in relation to any company or companies in the republic of south africa. Medical power of attorney templates.
Requirements of power of attorney. The general power of attorney only applies to property owned by the principal and financial affairs. After the consent of the physician has been given this agent can take all health care related decisions. General power of attorney.
In such cases special power of attorney templates may be used. The person authorised is commonly known as the agent or simply the attorney. Power of attorney is granted when the principal signs the document. A written document where one person known as a principal appoints and authorises another known as an agreement to generally conduct affairs on its behalf.
Medical power of attorney is given to an agent when someone is incapable of taking medical decisions for himself. The principal must be over 18 years old and have the mental capacity to grant general power of attorney in south africa. You can download a general and a limited power of attorney template for south africa below. The agent must also be over 18 years old and solvent.
In some cases power of attorney must be notarized in south africa by an attorney. Power of attorney power of attorney authorises a party to act on another persons behalf in business and legal matters. A power of attorney is used to give someone you trust the legal authority to manage your financial property and or legal matters. You can always execute another power of attorney form if you still need your agent to continue acting on your behalf.
A general power of attorney is normally used to permit an agent to manage affairs for some time period especially when you are unable to perform them because of any reason for instance if you are traveling or are mentally or physically unable to handle your tasks. This is one of the most used forms of a power of. Stipulate an expiry date. Download our free power of attorney.