POWER OF ATTORNEY PLANNING DOCUMENT — ATTORNEY CONSULTATION PREPARATION AID ONLY Document Ref: POAPD-2026-001 Date of Preparation: June 1 2026 IMPORTANT: This document is a personal planning and preparation aid only. It is not a Power of Attorney. It has no legal validity or effect of any kind. It must be reviewed by a qualified attorney before any formal Power of Attorney document is prepared, executed, or used. 1. OVERVIEW OF PERSONAL CIRCUMSTANCES AND PLANNING CONTEXT 1.1 Name: Priya Sharma, Mumbai Maharashtra India. 1.2 Priya is 68 years old and has recently been diagnosed with early-stage memory concerns. This has prompted her to take the important and caring step of planning a Power of Attorney now, while she is fully able to make this decision clearly. 1.3 Priya's husband Arjun is still living. The key people in her planning are her son Vikram and her daughter Kavita. 1.4 Priya's goal is to ensure that someone she trusts completely can manage her financial affairs on her behalf if she needs that support going forward. 2. PURPOSE OF THIS DOCUMENT This document is Priya's personal preparation aid for her Power of Attorney attorney consultation. It is designed to help her come to that appointment feeling organized and clear about her priorities. Every section reflects only Priya's own preliminary thoughts for professional discussion. No part of this document has any legal effect of any kind. 3. TYPE OF POWER OF ATTORNEY TO EXPLORE 3.1 Priya wants to explore a general durable Power of Attorney for financial matters. The key purpose is to enable Vikram to manage her financial affairs on her behalf, beginning now while Priya is still fully capable and continuing even if her capacity changes. 3.2 Key questions for her attorney: What are the specific types of Power of Attorney available under applicable Indian law? What does a durable arrangement look like in Maharashtra? How does the registration process work? 4. UNDERSTANDING DURABILITY 4.1 Durability is a central priority for Priya given her memory concerns. She wants an arrangement that remains valid if her capacity were to change in the future. 4.2 Key questions for her attorney: How does durability work under applicable Indian law? What happens to the arrangement if Priya's capacity is questioned by a third party? What safeguards can be built in? 5. AGENT CONSIDERATIONS 5.1 Primary agent: Vikram (son). Priya trusts Vikram because of his financial knowledge, his proximity, and his deep commitment to her wellbeing. 5.2 Alternate agent: Kavita (daughter), in case Vikram is unable or unwilling to serve. 5.3 Key questions for her attorney: What does being a Power of Attorney agent involve under applicable Indian law? What duties and responsibilities does Vikram take on? What protections exist against misuse? Should Priya consider naming both children as joint agents for certain decisions? 6. SCOPE OF AUTHORITY TO THINK THROUGH Priya is considering granting authority in the following areas for professional discussion: Banking: Access to bank accounts, making deposits and withdrawals, paying bills on Priya's behalf. Investments: Managing Priya's investment portfolio and making investment decisions within agreed parameters. Property: Managing the family home and any rental arrangements. Priya has a specific concern about this addressed below. Tax: Filing Priya's income tax returns and managing tax-related matters. 7. POWERS PRIYA DOES NOT WANT TO GRANT 7.1 Priya does not want Vikram to be able to sell the family home without her explicit separate written permission or a specific additional authorization. 7.2 Key question for her attorney: How can this specific exclusion be most clearly and effectively documented in the Power of Attorney so that no ambiguity exists and no financial institution or registry could overlook this limit? 8. SAFEGUARDS AND OVERSIGHT CONSIDERATIONS 8.1 Priya wants Vikram to keep clear records of all transactions he carries out on her behalf. 8.2 Key questions for her attorney: What record-keeping requirements are typically included? Should Kavita be named as an oversight person who receives periodic updates? What safeguards are available under applicable Indian law? 9. KEY QUESTIONS TO RAISE WITH YOUR ATTORNEY Type and form: What form of Power of Attorney is most appropriate for Priya's goals under applicable Maharashtra India law? Is registration required for it to be recognized by banks? Durability: How is durability documented and what happens if Priya's capacity is later questioned? Family home: How can the exclusion of the right to sell the family home be most clearly documented? Agent duties: What are Vikram's legal duties and responsibilities as agent? Safeguards: What record-keeping and oversight provisions are available? Coordination: Should this Power of Attorney be prepared alongside a will and advance healthcare directive? 10. PRACTICAL STEPS AND IMPORTANT REMINDER Priya should gather her identification documents, property ownership papers, bank account details, and investment account statements before her attorney consultation. She should confirm with Vikram and Kavita that they are willing and prepared to serve in their respective roles. She should review this planning document and note any additional questions. This document is a preparation aid only. It has no legal effect of any kind and is not a Power of Attorney. Every consideration here must be reviewed and properly formalized by a qualified attorney in Maharashtra India before it has any legal effect whatsoever. NOTE: This Power of Attorney Planning Document was generated by an AI tool as a personal preparation and organization aid only. It is not a Power of Attorney, it has no legal validity or effect whatsoever, and it must not be used as a substitute for a properly drafted Power of Attorney prepared by a licensed attorney. Always work with a qualified attorney in your applicable jurisdiction before making any Power of Attorney decision.