OOB Put Simply: OOB stands for Out-Of-Band. This is a kind of extra security step. Besides your usual ID and password, you need to verify yourself using a different way, like getting a code on your phone. It’s especially used by banks and places that need strong security. This is also present in places that […]
FIRPTA For Dummies FIRPTA is like Uncle Sam’s version of a surprise party at a real estate closing, where he jumps out with a 15% tax-shaped cake for foreign sellers. It’s the IRS’s way of reminding everyone that in the game of Monopoly, Uncle Sam always gets his cut, especially if you’re selling properties from […]
You may find yourself needing to revise a legal document at some point, whether it’s a contract, policy, or other agreement. When changes are required, you’ll want to understand the difference between an addendum and an amendment to determine the appropriate approach. An addendum refers to an addition made to an existing document to add […]
Who Can Override a Power of Attorney? It’s important to understand who may be able to override a Power of Attorney. While a properly executed power of attorney should provide the agent designated with broad authority over your affairs, there are limited circumstances where others can step in and override the agent’s decisions or revoke […]
As a professional, you likely encounter the term “attestation” in various contexts. However, the meaning and purpose of attestation may not always be clear. Attestation is the act of verifying and certifying the accuracy or truth of a document or statement. An attestation helps provide assurance that the information presented is valid and reliable. Attestation […]
The Handshake: How Informal Agreements Begin A business partnership often starts with a simple handshake and a verbal agreement to work together. These informal arrangements can be a great way to get things off the ground, but as your venture grows, it’s important to put key terms in writing. Handshake deals may be fine when […]
How to get Temporary Guardianship without Court? A temporary guardianship without court is an arrangement where a guardian has the authority to care for someone else’s child, usually on an interim basis. This type of guardianship does not involve going to court and can be arranged with or without the consent of the parents. One […]
The Form ssa-89 is used by those who have already applied for Social Security benefits and need to update their information. This form allows individuals to report changes in their marital status, address, direct deposit banking details and any other relevant personal information that may have changed since the original application. It is also used […]
The quick answer is, usually, no. Generally when you sell your car, you won’t need to worry about notarization. Not technically, anyway. However, getting something notarized provides extra legal protection. Especially in the event of future issues. Depending where you live, it may be required notarization for transactions. Usually those involving vehicles or other large […]
What is a Notary? Ever needed something notarized? Maybe you bought a house and needed a loan. Or maybe a friend gave you Power of Attorney during an emergency. Whatever the case, you probably had to find a notary. But maybe you weren’t sure where to begin. Everyone knows the term, but what is a […]
