Durable Power Of Attorney Form For Virginia

How to obtain a power of attorney in virginia.

Durable power of attorney form for virginia.

A durable power of attorney for the state of virginia by brette sember j d. Use one of the following forms to get and sign as a power of attorney. Notice this legal document grants you hereinafter referred to as the principal the right to transfer unlimited financial powers to someone else hereinafter referred to as the attorney in fact unlimited financial powers. This would allow them to enter into transactions access your accounts and generally act as if they were you.

Virginia durable power of attorney form i. The virginia durable power of attorney form otherwise known as a financial power of attorney form enables a principal to choose a representative who will have the authority to manage their finances the person selected referred to as the agent should be a trusting individual that the principal can rely on to handle their business affairs investments and personal assets while always. Virginia power of attorney forms grants a resident to appoint an individual to handle financial medical tax filing or motor vehicle related matters on their behalf. Virginia durable financial power of attorney form provides a method by which you can designate a person of your choice to act for you in matters involving your assets and property.

Virginia uniform power of attorney act 2010 regulates durable powers of attorney in virginia. Under statute 64 2 1602 all power of attorney forms are considered durable which means that the representative s authority will continue to be effective even if the person being. A durable power of attorney poa is an important financial and planning tool that ensures your affairs can be managed if you are ever unable to do so yourself. Virginia power of attorney forms.

All the forms on this page comply with this chapter of the code of virginia.