volitust
Volitus is a legal instrument in which a person, the grantor, authorizes another person, the agent or attorney-in-fact, to act on the grantor’s behalf in specified matters. The instrument sets out the scope of authority, the duration, and any limitations on the agent’s powers. It is commonly used to manage financial affairs, property, or personal matters when the grantor cannot act personally.
Volitused can be general, granting broad authority to handle many matters, or special, limiting the agent to
Formation and validity typically require a written document. Depending on the nature and jurisdiction, the volitus
In practice, volitusts enable continuity of decision-making during illness, travel, or absence. They carry risks of