Using a power of attorney is a great way to ensure that important paperwork associated with a business or personal affairs is taken care of promptly in the event that the principal cannot be present to sign the documents themselves. Power of attorney is a legal document that is used by a principal to designate an agent or attorney-in-fact to represent them if they cannot.
When using a power of attorney, the principal must sign the document first, authorizing the agent to perform certain acts on their behalf. During the signing, the principal should understand what is written in the document and the power that it authorizes the agent to have. It is important to note that only the principal can sign the document, not the agent.
After the principal has signed the document, the agent should then sign the document. The agent is legally obligated to adhere to the duties that have been outlined in the power of attorney document. The agent should also ensure that they understand the document they are signing before they do so.
In the event that the document requires a witness, the witness should not sign the document until both the principal and the agent have signed. The witness should also ensure that they understand the document before signing.
The signing of power of attorney documents has been around for centuries. In fact, one of the earliest recorded uses of power of attorney was in ancient Rome, in which an official would sign a document with a wax seal on behalf of a general who was off in battle.
Overall, signing when using power of attorney is an important step that both the principal and agent must take to ensure the legal validity of the document. It is important for both parties to understand the power that the agent is authorized to have, as well as the duties that the agent will be legally obligated to adhere to.