A power of attorney may be made for a limited period of time and is generally revocable
The PoA should state if the attorney can sub-delegate the powers delegated to him or her to another person and that the PoA shall be valid even in the event you are incapacitated due to ill health
Is it possible for me to create a financial power of attorney (PoA) to give my family members access to my assets such as bank accounts, demat accounts and fixed deposits, if I become incapacitated? How do I create one and is it the same as a general PoA? Is it required to be registered with any authority?