If you have this legal document in place, you do not need a trustee. ![]() One of your family members or friends might have to go to court to become your trustee. If you lose your capacity and do not have an enduring power of attorney immediately and continue if you lose capacityĪn enduring power of attorney is defined by the Powers of Attorney Act.states when the person will have authority.is written when you are capable of making your own decisions. ![]() The whole process is completed in minutes.Every Albertan who is at least 18 years old should have:Īn enduring power of attorney is a legal document that you make to give another person the authority to make financial decisions on your behalf. Once complete, you will receive detailed instructions to access your notarized document online and can deliver it or send it electronically to whomever you would like.For greater security, our notary then completes the electronic notarization process using digital tools. Similar to how a traditional notary operates, the Notarize notary signs and places his or her notarial seal on your document. The notary public re-confirms your identity visually using the scanned photo ID, and then witnesses as you electronically sign the document. You are then connected with a commissioned notary public via live audio-video call.Once your ID has been verified, your identity is further validated using a government-issued photo ID. You verify your identity using knowledge-based authentication, which offers you a series of specific questions that only you can answer. Upload your document(s) and verify your identity.Use Notarize's fast, easy, and fully-legal online notarization service. Now, you can notarize a power of attorney online 24/7 from any smartphone or computer. Notarizing a power of attorney document used to mean locating a local notary in person, going to meet them on their schedule, and then giving them full access to your private affairs. The notary public is a representative of the state government, and their job is to verify the identity of the signer, ensure they are signing under their own free will, and witness the signing. Notarizing a Power of AttorneyĪ power of attorney needs to be signed in front of a licensed notary public in order to be legally binding. And it's always a great idea to ask your lawyer to walk you through each step on how to notarize your power of attorney and what to include in each document. In each of these instances, you'll want to consult with your lawyer when selecting your agent to act on your behalf. Healthcare or Medical Power of Attorney.Whatever the POA case your situation calls for, you’ll need to get familiar with these four common types of power of attorney to ensure you execute the correct one. Similarly, businesses may execute POAs as part of their business model, as is the case with auto insurers, wealth managers, or construction companies for example. These forms need to be notarized to verify the identity of the signer and ensure that the signer understands and acknowledges the contents of the form in front of a trusted, third-party (the notary). 4 Types of Powers of Attorneyĭepending on the power of attorney form, you may need to get it notarized in front of a notary public. The notary must affirm that the principal appeared before the notary of their own free will, that the terms of the POA are intended, and that the signature is that of the principal. A notary public’s job when notarizing a power of attorney is centered around the acknowledgement, which is attached to the POA. Notaries play an important role when executing a power of attorney. As an agent, you’ll be able to make financial decisions, settle claims, or even close on a home.Ī power of attorney form needs to be notarized to authenticate the identity of the person signing. And in good right: a power of attorney can grant an agent some big responsibilities. But in any case, when selecting an agent, be sure to choose someone you trust. Your agent can be a family member, friend, or attorney. When selecting an agent, you enter into a fiduciary agreement with them, meaning they should always act in your best interest. Think of this as someone who is authorized to conduct any business, settle legal matters, or sign any document on behalf of the individual. When a power of attorney is written, it will generally name someone the attorney-in-fact (sometimes referred to as an agent in some states) who will be acting on your behalf. ![]() Have you been tasked with notarizing a power of attorney (POA)? A POA isn't just any document: it's a powerful one to get notarized as it grants a person or organization the ability to act on your behalf in the event you’re not able to do so.
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