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Power of Attorney
Discuss a power of attorney that clearly identifies the intended authority, the person appointed and the matter in which it will be used.
Define the authority you intend to give
A power of attorney is an important document because it concerns another person acting on your behalf. Lim Wong & Partners assists with powers of attorney. The first discussion should focus on the particular task, asset or transaction involved and why an appointment is being considered.
Clear instructions help distinguish a limited purpose from a broader appointment. Explain what the appointed person should be able to do, any limits you intend and whether the document will be presented to a bank, another organisation or a party to a property transaction. Do not assume that every recipient will accept the same wording or supporting records.
Prepare the intended use and supporting information
Information for an initial review
Write down the decisions and actions you want the appointment to cover. Identify any agreement or institution connected with its use, together with any requirements already communicated to you. Share an existing document if you are considering a change or replacement rather than a first appointment.
- Particulars of the person giving authority and the proposed appointed person.
- Asset or transaction documents, existing agreements and the intended recipient’s stated requirements.
- The proposed scope, limits, location of use and any relevant signing or travel arrangements.
Experience with transactions and their documents
Lim Wong & Partners assists with powers of attorney, property transactions and related documentation. If the appointment relates to a property or financing matter, explain the wider transaction as well as the task being delegated. Clear instructions about the intended authority and the recipient’s requirements give the document discussion a practical focus.
Discuss Your Matter
Ask the firm what additional information and document arrangements your intended use requires. To discuss a power of attorney, call 07-595 3768 or email cslim09@yahoo.com.
Inquiry - Power of Attorney
