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Virginia Durable (Financial) Power of Attorney Form

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Durable Power of Attorney in Virginia provides a method by which you can designate a person of your choice to act for you in matters involving your assets and property. This would allow them to enter into transactions, access your accounts and generally act as if they were you. Many people like to have one of these in place to allow a trusted relative to take over their matters in the event they can no longer act for themselves. Because of the access to information and assets, it is vital that your representative be someone you trust implicitly.

Laws

How to Write

Step 1 – Download and read thoroughly the free Virginia Durable Power of Attorney.

Step 2 – Think about the best person or persons to represent your interests and talk to them about your desire to have them be your agent to determine whether they would agree to be your agent.

Step 3 –You will need to find two witnesses and a notary to witness your signature and certify that you indeed signed the document and that you are who you say you are. Your witnesses cannot be your agent. Your agent should be able to acknowledge his or her appointment.

Step 4 – Fill out the document carefully, make sure to read each power you are granting. You do not have to initial all the powers. There may be some powers that you may not want to grant. If that is the case, instead of initialing them, cross them off.

Step 5 – Once you have finished filling out the document to your satisfaction, sign the document in front of your notary and witnesses.

Step 6 – Make copies of the document and give one to your agent.



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