A power of attorney, (POA) (VEKALATNAMEH) is a legally binding document to gives one or more persons the power to act on your behalf as your agent to manage your property, financial or administrative affairs. The agent is expected to place the principal’s interests ahead of his or her own, which is why it is important for you and your loved one to pick a trusted individual.
The type of POA you create dictates which affairs you are granting power over. The decision-making power of an attorney-in-fact takes effect at different times depending on which POA you choose.
The power may be limited to a particular activity, such as sale of your home, or be general in its application. The power may give temporary or permanent authority to act on your behalf.
The agent or attorney-in-fact is a fiduciary. That means they are responsible for managing some or all another person’s affairs. The fiduciary must act responsibly and practically and in a way that is fair to the person whose affairs they are managing. Anyone who violates these duties can face criminal charges or can be held liable in a civil lawsuit.
No matter which type, any POA is automatically revoked with the death of the principal or agent. power of attorney may be revoked and so require written notice of revocation to the person named to act for you.
Composing, drafting, and legalizing of powers of attorney for performing legal and administrative duties in Iran are regulated by laws in Iran and need specific language. Absence of properly understanding this language can cause monetary damages. To make your POA legally binding, sign and execute your document according to the laws of Iran. which involves either signing in person in the Interest Section of Iran in Washington DC or we can set up a Skype interview to eliminate being personally in the embassy to certify your power of attorney.
The first step for obtaining a POA is through “MIKHAK” website. Pre drafted forms in MIKHAK site are incomplete and require additional editing based on individual needs.
Our office can prepare and obtain a power of attorney by former Iranian attorney, Ms. Shokofeh Amin, in one week and send it to Iran. your agent can receive a certified copy of vekalatnameh from branches of the Ministry of Foreign Affairs simultaneously.
If you have any questions, please contact us.
