A Power of Attorney is a document signed by one person (usually called the ‘donor’) giving another person (usually called the ‘donee’ or the ‘attorney’) power to sign documents on the donor’s behalf and to do such things in relation to his or her affairs as are described specifically (a limited power) or generally (a general power) in the document. Powers of Attorney are important legal documents with potentially serious legal and financial consequences for the persons signing them. It is important, therefore, that you have competent advice as to the legal, financial and taxation implications of any intended foreign transaction.
The Notary before whom you appear will require your assurance that you understand the document and its purpose and may require you to sign a formal acknowledgement to this effect.
Your powers under an attorney-client relationship will only be available once he/she has confirmed your identity
DO YOU NEED A POWER OF ATTORNEY?
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