Who needs a notary regarding an authorization form?
Question Details: A client wants to authorize a third party on his Roth IRA. He signs the appropriate forms in the presence of a notary, receives the stamp and later gives the docs to the person he is authorizing, so that they may sign as well. Does the party receiving authorization also need to find a notary for their signature or can they just sign it without one? Would the notary need both parties present when the owner signed?
If a form needs to be notarized, then ALL persons who sign must sign in the presence of the notary (or of different notaries, if done at different times or places--nothing says it has to be a single notary). Notarization means that the notary confirmed the identity (e.g. checked IDs) of the signers: a notary cannot do that when the agreement is signed out of his/her presence. Therefore, a document is NOT validly notarized if signed out of the notary's presence.