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Podcast: Offshore Tax with HTJ.tax
Episode: When to Use a Power of Attorney in the UAE
Description: A Power of Attorney (POA) is often confused with a Will, but the two serve entirely different purposes.POA vs. WillA POA is valid only during the lifetime of both the person granting it and the person receiving it.If either party passes away, the POA becomes immediately invalid. At that point, the Will takes over for probate and asset distribution.This means a POA cannot be used for post-death matters and does not replace a Will in any way.When a...