Also, it may be a good idea to get those important documents relating to family business notarized. Independence Day (July 4, 2015) is a time full of family, friends, fun during this celebration of Independence. It’s an even better time to situate estate and personal affairs by getting mutual agreements and other important documents notarized.
People ask us all the time about whether a notary is necessary for their paperwork. Well, in some cases it is not a requirement, but is good to have should any issues arise or should the arrangement or agreement lead to litigation.
Let’s take for example two scenarios:
Scenario #1: Terminally ill Ms. Jones writes a will and stores it in her basement. No one knows about this will until after she passes away. The will was NOT notarized, merely drafted by Ms. Jones herself. Two weeks later, another typed will (we’ll say it was falsely written by relatives) comes into the picture. The daughter of Ms. Jones knows how to sign her mother’s signature very well. Neither document was recorded in public record. In this situation, it is hard to determine which will is valid.
Scenario #2: Ms. Jones, well before she becomes terminally ill has a will document drafted by her attorney and notarized by an unrelated, willing notary public. This notary, by examination of Ms. Jones’ government-issued identification, determines that Ms. Jones is who she says she is and in turn notarizes the signature of Ms. Jones on the will document she had drafted.
Which scenario do you think will work better in Ms. Jones’ favor?