Power of Attorney

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What is a Power of Attorney or Letter of Attorney?

A power of attorney, also known as a power of attorney, is a legal document used to delegate full control of assets to another person in case the grantor cannot be present. This makes it possible to carry out remote procedures and becomes a solution for managing assets, banking procedures and other important responsibilities.

What is the purpose of a Power of Attorney or Power of Attorney?

The document containing the apostille is legally recognized in all countries that are party to the Hague Convention. This consists of a seal that the competent authority prints dry and is added as a note to the back or as an additional sheet of the documents to be authenticated. Therefore, only duly accredited notaries are authorized to validate this apostille.

In short, powers of attorney are used to allow you to defend yourself before judicial authorities, that is, so that you can appear in court in civil, criminal, labor, commercial and agrarian matters.

Types of Powers or Power Card

  • Specific Powers: Delegate control of a particular activity over your assets to another person in the event of your absence.
  • General Powers: Confer wider control with greater attribution over your assets to another person in the event of your absence.

What types of documents can be signed using a Power of Attorney or Power of Attorney?

Virtually any document that you can personally sign can be signed by the person to whom you have granted the power of attorney. An exception would be a will; the person with the power of attorney for you cannot write a will in your name or modify your existing will. There are limitations to what a proxy can do when using a power of attorney. An advantage of a power of attorney is that it can be as broad or specific as you want it to be. For example, you could grant a power of attorney only to authorize someone to sell your home in your absence. However, there are situations where you would prefer your power of attorney to be as large as possible so that your proxy can manage all your matters if necessary.

Why is an Apostille required for a Power of Attorney or Power of Attorney?

Purchase and sale transactions.

Property Management.

Management of bank accounts and financial transactions.

Financial investments.

Filing legal claims.

Legal processes on our own behalf.

How can a proxy be selected?

Here are some recommendations for choosing a proxy: You can choose to name family members, close friends, religious leaders such as pastors or rabbis.

It is only possible to appoint one person as a primary proxy. Then, designate one or two replacements, in case the first option isn't available when needed.

It is important to discuss with everyone considered for the role of proxy or substitute. This must be done before making the decision about who will be responsible for executing your wishes.

What requirements must your agent meet?

  • Must be an adult over 18 years old.
  • It must be someone I have absolute trust in.

What requirements do I need to make a Power of Attorney or Power of Attorney?

  • Valid identification of the principal.
  • Names and surnames of the agent.
  • ID number of the agent.

What happens to the power of attorney or power of attorney in case of incapacity?

In the past, before the existence of durable powers of attorney, the power of attorney ended when the grantor became incapacitated, just at the time when they needed it most. Now, with a durable power of attorney, it remains in effect even if the grantor becomes incapacitated, from the moment it becomes effective until its termination.

An important advantage of a power of attorney is that the grantor decides when the proxy's authority begins and ends. For example, the power of attorney can take effect at the time it is signed or it can be stipulated that it will only take effect when the grantor becomes incapacitated. In addition, the grantor has the right to revoke the power of attorney at any time, as long as they have the ability to understand what they are signing.

In either case, a durable power of attorney expires at the time of the grantor's death, if the grantor has not revoked it previously.

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We offer a guarantee on all our services. Unlike the competition in which, if the procedure is not carried out, the payment must still be made.

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Why Notaria Mundo Latino?

We stand out for our notaries and specialization in a wide range of legal procedures.
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Our approach focused on customer service, ensuring personalized service and detailed attention every step of the way.
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In addition, our efficient management of procedures offers you peace of mind and convenience.
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With a dedicated and accessible team, we're here to simplify your legal processes and provide you with the expert guidance you need.
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FAQs

Where can I find a notary near me?
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There are numerous public notaries near you, but we stand out for our ability to help you with all your notarial procedures. We are a notary office duly authorized to authenticate documents in the United States using an Apostille. Our commitment is based on complying with the most stringent legal regulations, thus ensuring fast delivery and total customer satisfaction. In addition, we offer notary services for all of Latin America from our location in the United States.

What is a Notary?
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A notary public in the United States is a public agent appointed by the state government to provide services to the public in non-litigious legal matters. Unlike a lawyer who specializes in civil law, a notary public is not qualified to represent individuals in litigation.

What does a Notary Public do in the United States?
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Some of the responsibilities that a notary has include:

  • Monitor the signing of minutes to prevent fraud and verify the authenticity of documents.
  • Manage affirmations and oaths.
  • Receive legal and sworn statements.
  • Perform scripture checks.
Why should you enlist the help of a Notary Public?
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These state officials act as impartial observers during the execution of various contracts, drafting of documents, signing and authentication processes, as well as in legal procedures aimed at preventing fraud in real estate and financial transactions.

Before participating in any contract, act or legal event that requires their intervention, they offer advice to avoid litigation and unnecessary expenses.

The signing of any document before a notary provides the certainty that the contract is final, not susceptible to change and legally valid.

Notaries reduce unnecessary risks by ensuring that contracts meet the requirements established by current laws during drafting.

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