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Apostille / Notarisation
Power of Attorney (UK)
WHAT IS A POWER OF ATTORNEY?A Power of Attorney - is a document whereby one person confers on another the right to act on his or her behalf and in that respect the attorney can act just as though he or she were the donor of the power. Such a power can be used, for instance, to operate bank accounts or to sign documents or deeds. A Power of Attorney is a legal instrument that is used to delegate legal authority to another. The person who signs (executes) a Power of Attorney is called the Principal. The Power of Attorney gives legal authority to another person (called an Agent or Attorney-in-Fact) to make property, financial and other legal decisions for the Principal.
A Principal can give an Agent broad legal authority, or very limited authority. The Power of Attorney is frequently used to help in the event of a Principal's illness or disability, or in legal transactions where the principal cannot be present to sign necessary legal documents. The person to whom the Power of Attorney is given does not have to be an attorney. The most important duty of the attorney-in-fact is to act as a fiduciary, making certain that all actions taken under the Power of Attorney is in the best interest of the person granting the Power of Attorney (called the "principal").
However, it should be noted that the Power of Attorney vests tremendous power to the recipient and as a result, the attorney-in-fact must be someone the principal trusts implicitly. That requirement alone would ordinarily exempt the majority of attorneys in this country, since we can trust an attorney about as far as we can throw him (although throwing an attorney would provide tremendous entertainment).
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