Answer

Estate planning · Power of Attorney

General vs Special vs Durable POA: when to use each

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  1. Facts

    General POA (GPA): Broad authority, manage property, sign contracts, operate bank accounts on behalf of the grantor. Revoked by grantor's death or mental incapacity. Special POA (SPA): Limited to a specific act, "sell this flat in Gurgaon", expires on completion. Durable POA: Specifically stated to survive mental incapacity, essential for elderly parents who may develop dementia.

  2. Provisions and law

    • Powers of Attorney Act 1882 | Registration Act 1908

  3. Analysis

    Registration with Sub-Registrar is advisable for property-related POAs, required for NRI POAs acting in India.

  4. Conclusion

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