The last step is to make sure that you file in a safe place any document that you have signed as a power of attorney. A: Many people think that you have to submit your power to the government, but this is not true. Many states require your mandate to be notarized to ensure that signatures are true, which should help prevent fraud. Only the client must be present at the notary so that the power of attorney can be notarized. You will find a notary at any banking or financial institution. The easiest way is to go to a banking institution that you are connected to, as they will normally do it for free. The final step is to create a copy of the power of attorney and give it to your agent and keep the original in a safe place. A power of attorney (POA) or lawyer`s letter is a written mandate to represent or act on behalf of another in private, business or other legal matters. The person who authorizes the other to act is the principal, the licensor or the giver (the power). The person who is entitled to act is the agent or, in some common law jurisdictions, the lawyer. A power of attorney isn`t the only document you should have in your estate plan. Consider writing a will to allocate your property to your loved ones. In the past, the term « power of attorney » referred to a document signed under a seal, while a « letter » was a document on hand, meaning that it was simply signed by the parties, but today it is not necessary to sign a power of attorney under a seal.
Some jurisdictions require that the credentials be notarized or attested, but others will enforce a power as long as it is signed by the licensor. As a lawyer, you must act in the best interests of the client and respect their wishes if you sign documents for them. This means that you do what principle wants of you, no matter what. General Mandate: Is used when the power is given by a person to his agent to act on his behalf, in general. It may include the authorization to operate bank accounts, the registration of real estate in the name of the principal, etc. Sign your name under the name of the Prinzipal. Simply add the word « by » before your name to indicate that you are signing as a POA on behalf of the customer….