Which Type of Power of Attorney You Need in Pakistan?

A power of attorney (PoA) is a legal document that grants someone else the authority to act on your behalf. In Pakistan, there are different types of powers of attorney that serve different purposes. In this blog post, we will discuss the different types of powers of attorney in Pakistan.

1. General Power of Attorney

A general power of attorney is a broad authorization that allows the person you designate (the attorney-in-fact or agent) to act on your behalf in a wide range of matters. This type of PoA is commonly used when the principal (the person granting the power) is travelling abroad or is physically unable to manage their affairs. General power of attorney can be revoked at any time by the principal.

2. Special Power of Attorney

A special power of attorney, also known as a limited power of attorney, grants the agent the authority to act on behalf of the principal in specific matters only. For example, a special power of attorney can be granted to someone to sell a particular property or to represent the principal in a legal dispute. Once the specific task is completed, the special power of attorney ceases to be effective.

3. Durable Power of Attorney

A durable power of attorney is similar to a general power of attorney, but it remains in effect even if the principal becomes incapacitated or unable to make decisions. This type of PoA is commonly used in estate planning to ensure that someone is authorized to manage your affairs if you become incapacitated. A durable power of attorney can be revoked at any time by the principal.

4. Springing Power of Attorney

A springing power of attorney is a type of durable power of attorney that only becomes effective if a specific event occurs. For example, a springing power of attorney can be granted to someone if the principal becomes incapacitated or is diagnosed with a particular medical condition. Once the triggering event occurs, the springing power of attorney becomes effective.

5. Medical Power of Attorney

A medical power of attorney, also known as a healthcare power of attorney, grants the agent the authority to make medical decisions on behalf of the principal. This type of PoA is commonly used in situations where the principal is unable to make their own medical decisions due to illness or incapacity. A medical power of attorney can be revoked at any time by the principal.

Conclusion

In conclusion, there are different types of powers of attorney in Pakistan that serve different purposes. Whether you need to grant someone authority to manage your affairs while you are travelling abroad or need someone to make medical decisions on your behalf, there is a type of POA that can meet your needs. It is important to consult with a lawyer to determine which type of power of attorney is appropriate for your situation.

For more such information, visit Sapphire Builders website.