Power of Attorney, Enduring Power of Attorney

A power of attorney is a legal document that allows you to appoint another person (your attorney) to act on your behalf. This can be helpful if you are unable to handle your own affairs due to illness, travel, or other reasons.

Types of Power of Attorney

There are many different types of power of attorney, each designed for a specific purpose. Some common types of power of attorney include:

• General power of attorney: This type of power of attorney gives your attorney broad authority to act on your behalf in all matters.
• Limited power of attorney: This type of power of attorney limits your attorney’s authority to specific tasks, such as managing your finances or selling your property.
• Enduring power of attorney: This type of power of attorney remains in effect even if you become incapacitated.

What Can a Power of Attorney Do?

Your attorney can use your power of attorney to do a variety of things on your behalf, including:

• Manage your finances: This includes paying bills, depositing checks, and making investments.
• Sell your property: Your attorney can list your property for sale, negotiate the sale price, and sign the closing documents.
• File legal claims: Your attorney can file lawsuits or other legal claims on your behalf.
• Make financial decisions: If you have a enduring power of attorney for finances, your attorney can make selling decisions of your properties for you if you are unable to do so yourself.

How to Create a Power of Attorney

To create a power of attorney, you will need to work with an lawyer such as a solicitor at YTT. The solicitor will draft the power of attorney and help you understand your options.

Getting a Power of Attorney Abroad

If you are planning to leave Hong Kong, it is a good idea to get a power of attorney before you go. This will ensure that someone can handle your affairs if you are unable to do so yourself. If you need to get a power of attorney abroad, you will need to find a notary public or other authorized official who can witness your signature.

Fees and Inquiries

Our fees for power of attorney services are very affordable. Please contact us by phone or WhatsApp for more information.