Tax Simply Services / Legal Documentation
Legal Documentations can be used as evidence in court proceedings to provide a just resolution in disagreements. It helps in organizing the facts, supporting documentation, and legal rights. Proper paperwork can offer a solid basis for Dispute Resolution.
Legal Documents such as Agreements, Contracts, Offer Letters, Termination Letter, Work Orders or any related documents prepared or verified by the experts to avoid any legal complications or troubles in future.
Difference Between an Ordinary and a Legal Document
There is a big difference between the two categories of documents and understanding the difference between the two is crucial.
| Ordinary Documents | Legal Documents |
|---|---|
| An ordinary document such as a personal letter to family or friends or even a diary and journal entries share information and express emotions but they hold no legal value. Ordinary documents cannot be relied upon in any court procedure. | Legal documents on the other hand hold the power to be enforced by law. It creates, adjusts, and even nullifies agreements between two or more parties. Non-compliance with legal documents can also lead to legal troubles. |
Benefits of Legal Documents
Generally, legal documents play vital roles in transactions involving two or more parties. Listed below are some of the benefits of legal documents;
Types of Legal Documents
We are surrounded by thousands of legal documents in our daily lives. Each of these documents serves a specific purpose. Let’s take a look at the different types of legal documents and understand their purpose.
Contracts - A contract is a legal document that outlines a legally enforceable agreement between two or more parties. Contracts also outline each party's obligations and the consequences of failing to fulfil them. There are various kinds of contracts, some of which are explained below;
Deeds - These are legal documents required for the transfer of the ownership of properties. It is signed by all the parties involved in the transaction. In simple words, it transfers the legal right of property ownership from one party to another.
Wills - It is a legal document that simply includes details about the distribution of one’s assets after their demise. Wills are an important part of estate planning, especially in ensuring that the wealth is distributed as per the deceased's wishes.
Trusts - It is somewhat similar in nature to the wills but slightly different as it is a document that enables the transfer of one’s assets into a trust during their lifetime, to be put up for distribution as per their wishes after their death.
Legal Notices – These are the documents containing the intention of an individual or an organisation to take legal action and sue the receiver of the legal notice for whatever the charges may be. Anyone can send a legal notice to another person. There are different types of legal notices, some of which are as follows;
Agreements – This is a document that underlines the terms and conditions of providing and receiving a product or service. It is like a contract between two parties that is legally binding. Some of the popular kinds of agreements are;
Affidavits – It is a legal document that contains a statement made by a person voluntarily under oath. The affidavit is then signed by the concerned person swearing that the statements contained in the affidavit are true to the best of their knowledge.
Licenses and Permits – Numerous activities require one to get appropriate licenses and permits from the concerned authorities to run a business, build something new, etc. It is a legal document that permits the receiver to carry out a task.
Powers of Attorney - It is a legal document which allows someone else to act on your behalf under certain circumstances. For example, you could appoint an "attorney-in-fact" to help manage your finances or make other important decisions if you become indisposed for some reason.
Intellectual Property Documents - IP documents allow individuals and organisations to own intangible assets. These documents also prevent others from using and copying the asset without consent from the real owners. There are four different types of intellectual property documents – Patents, Copyright, Trademarks and trade secrets.
Financial Documents - As the name suggests, this category of legal documents includes documents with monetary value. Some of the important financial documents have been discussed below.
Corporate Documents - These a legal business documents that an individual or an organisation needs to have in order to run a business. It contains various other documents such as;
There are many other corporate documents that are needed to run a Business successfully. These documents include letter of credit, certificate of origin, packing list, Bill of exchange, etc.
Attestation of documents is typically needed to prove their authenticity and legitimacy for use in various scenarios. Attestation is also needed in some cases for legal compliance, proof of identity and preventing fraud.
Legal documents require attestation for various purposes, some of the important reasons are discussed below.
There are multiple use cases for different legal documents and all of them need to be attested and apostilled by the concerned authorities. In some cases, attestation of legal documents also helps streamline the specific bureaucratic process.