A notary public in UBS is a public servant appointed by a state official. The general focus of his or her job is to witness the documents’ verification and administer oaths. They serve to deter fraud, appearing as an impartial witness for legal documents such as affidavits, deeds or powers of attorney. The presence of a notary public helps to screen for imposters and make sure both parties are entering into an agreement knowingly and willingly.
Similarly, legalization is the process of proper authentication or screening of documents or the notary by the high commission or the embassy or the consulate of the country in which the document is to be used is authorized to or located in Singapore. In simple terms, it is the official confirmation of the originality of the documents or we can say that document legalization is just the confirmation that the stamp, seal or the signature showing in the document is genuine and not a fraud.
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A general power of attorney form is used if you want or granting an attorney to use his full power to take actions on your behalf over some transactions, mainly financial matters. Another description is if you appoint a certain person to be your attorney or general powers and let him act for you over money matters, then use the general power of attorney form.
Enduring power of attorney form is used if you appoint someone to be your attorney for this present time and will continue to be your attorney if at a certain time in the future you will lose capacity or capability. This is also use if you appoint someone to be your attorney if only at a certain time in the future you will lose capability.
You or the person appointing is called the "principal". You will be the one to complete the form by writing your answers on the appropriate lines and ticking boxes. After all the required field has been filled up, the principal sign the form and someone will have to witness your signing. Any adult is allowed to witness the signing. However, if this form is needed to be recorded and registered under an organization or department, then a lawyer, justice of the peace, notary public or commissioner must be the witness. These forms are available mostly in the internet and can be downloaded for free. Usually in the Word format, it is easy to print and ready to use. Comes in different form but all says the same purpose.
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A Power of Attorney form refers to a lawful certificate that confirms the formation of a relationship among two persons, called an agent and a principal. This document allows the principal to authorize an agent to work on his behalf. There are many kinds of such forms. It may be general, where the agent can act on behalf of the principal for any matter, or it can be specific, allowing the agent to act on the part of the principal for certain predefined businesses only.
You'll need to sign a general Power of Attorney form when you authorize an attorney to fully take responsibility of acting on your behalf and represent you in all legal matters which may pertain to your property or finances or another legal matter pending against you..
A Power of Attorney form should necessarily contain the following information:
- The name and address of the principal
- Principal's social security number
- The duration of time for its validity
- It should clearly state the power resting with the agent
- Date and signature
For matters concerning estate tax, it should include the name of the deceased, date of his/her death and authorization of the agent.