Dear Experts,
I have a query related to GPA.
Under the agreement we have 1 principal and 2 GPA agent stated , who are husband and wife by relation
GPA stated as holder agent 1 (wife of Agent 2) and Agent 2.
GPA is registered.
scenarion :
. Agent 1 expired and Agent 2 is alive.
. Percentage of power not mentioned in GPA e.g how much percentage or power resides with which agent.
My Query : is the GPA still valid and if yes can Agent 2 act solely..
If GPA is not valid .. Can Special power of attorney holder have the rights to make the ammendaments is GPA ( there is a SPA as well which states that SPA holder have tge right to act on behalf of principal to make any changes.
I know this seems a bit complicated but in real world scenario we learn new things everyday.
Waiting for your expert opinions.
Regards,
Abhinav