Special versus general power of attorney

Special versus general

Special General

Scope One named task, one named property Broad authority over your affairs

Typical wording "To sell plot 42, Block C, Phase 5" "To manage and dispose of my properties"

Risk Contained Very high

Ends When the task is done, or on the stated date Only on revocation or death

Recommended for overseas owners Yes Almost never

Give a special power, every time. A general power of attorney handed to a relative for convenience is the instrument behind a large share of overseas property losses. It is broad, it is durable, and it is usually forgotten by the person who gave it.