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A Virginia durable power of attorney form provides a method by which a person (?principal?) can designate an individual of their choice (?agent?) to act on their behalf for financial-related matters. This would allow the agent to pay bills, sell and lease property, and act if they were the principal.
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Durable (Financial) Power of Attorney – This type is for use when you want to have someone in place to handle your financial matters. Because this type stays in effect even after you can no longer make your own decisions, many use this for long-term planning purposes. Signing Requirement (§ 64.2-1603): Notary public. Virginia has no durable statutory power of attorney, but information regarding durable powers can be found in VA Code § 64.2-1601. How to Write. Download: PDF, ... I. NOTICE - This legal document grants you (Hereinafter referred to as the. “Principal”) the right to transfer unlimited financial powers to someone else. 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 ... Use our free Virginia power of attorney forms to let someone make financial, medical, or personal decisions on your behalf. The Virginia durable financial power of attorney form is a legal document permitting a Principal to authorize powers to an Agent, selected by the Principal and ... In Virginia, power of attorney forms are durable by default. Unless the document specifically states otherwise, your agent can still act on your behalf if you ... What is a durable power of attorney? A durable power of attorney will remain in effect if you later become mentally incapacitated. Virginia law requires ... A Virginia Power of Attorney (PoA) is a legal document that grants a person or entity the authority to manage financial matters on your behalf, ... Working on paperwork with our comprehensive and user-friendly PDF editor is easy. Adhere to the instructions below to complete Power of attorney online ...
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