Free printable general power of attorney form virginia

Each US state has specific laws regarding Power of Attorney, and Virginia is no different. However, Virginia is one of the many states that’s adopted the Uniform Power of Attorney Act, helping streamline the PoA application and verification process.

The Act defines some of the most common terms used throughout the documentation process. It also reinforces general rules and regulations regarding the responsibilities an agent with these responsibilities must satisfy.

Understanding the Virginia Power of Attorney starts with familiarizing yourself with the rules and guidelines. But to fully grasp how Virginia’s PoAs work, it’s also crucial to study the many applicable documents agents and principals are expected to submit.

The Durable Power of Attorney Form grants agents a long-term amount of responsibility for the principal’s finances, medical needs, and more. Principal signers will need to specify the agent’s range of authority before signing this form, as it’s often only nullified upon the principal’s death. However, the principal can revoke Durable PoA if they wish.

Free printable general power of attorney form virginia

Virginia General Power of Attorney

General Power of Attorney is one of the most common types, but it has a few notable drawbacks. In Virginia, the General PoA is nullified if the principal is incapacitated.

Free printable general power of attorney form virginia

As such, individuals with this type of document may also opt to have a Medical Power of Attorney authorized. Still, the General or Financial Power of Attorney is a practical solution for principals seeking agent control over finances. The principal in question can allow agents to gain control over bank accounts, investments, and other financial holdings.

Virginia Limited Power of Attorney

The Limited Power of Attorney Form is one of the least-used requests of its kind. It’s only ever implemented in particular emergency cases, and it isn’t as long-lasting as other PoA types. Interestingly, agents can use this type of form (sometimes called the Special Power of Attorney Form) to receive their principal’s tax information.

Free printable general power of attorney form virginia

Virginia Medical Power of Attorney

The Power of Attorney Virginia forms are just as diverse as any other state’s, and interested parties can apply for the all-too-vital Medical Power of Attorney. The Medical Power of Attorney grants agents the ability to make crucial health care decisions, particularly if the principal is incapacitated. This type of document is incredibly useful in emergency medical situations where the principal cannot communicate their wishes.

Free printable general power of attorney form virginia

Virginia Minor (Child) Power of Attorney

Principal signers can also implement a Minor Power of Attorney to ensure that any children or underage family members receive adequate care. After this form is signed, the agent may take on guardianship responsibilities and decide about the minor’s health care, residency, and general wellbeing.

Free printable general power of attorney form virginia

Most Child Power of Attorney Forms are designed for short-term usage, though the principal might request extended responsibilities. Still, extended custody and care are typically handled by the County Court, not an agent of the beneficiary.

FAQs

A power of attorney is a legal document that enables you, as the principal, to appoint a person you trust, called an agent, to act on your behalf. Customarily, this would entail the agent performing financial tasks or making healthcare decisions for you. You can draft the document to be sweeping and give the agent authority to do nearly any financial task you have the right to do, or you can limit the authority to a specific task, such as paying your bills from your bank account.

You should also consider whether to make the document durable, meaning that it would continue to be in effect after you become incapable of making decisions, for example, because of dementia. In Virginia, powers of attorney are not durable unless you explicitly state so in the document.

  • Title 64.2 – WILLS, TRUSTS, AND FIDUCIARIES – Chapter 16 – Uniform Power of Attorney Act

How do I get power of attorney papers in Virginia?

Steps for Making a Financial Power of Attorney in Virginia.
Create the POA Using Software or an Attorney. ... .
Sign the POA in the Presence of a Notary Public. ... .
Store the Original POA in a Safe Place. ... .
Give a Copy to Your Agent. ... .
File a Copy With the Land Records Office. ... .
Consider Giving a Copy to Financial Institutions..

Does a power of attorney need to be notarized in Virginia?

A power of attorney goes into effect immediately at signing or a future date specified in the document. In the Commonwealth of Virginia, the original document must be signed and legalized by a notary public. A POA remains valid until: The principal dies.

How much does a power of attorney cost in Virginia?

If an attorney creates a power of attorney for you, the cost can vary greatly in Virginia. Many attorneys will charge between $150 and $200 per document. Many estate planning attorneys also offer estate planning packages that include a will, a trust, an advance directive, and a power of attorney.

Where can I get a power of attorney form near me?

WHERE CAN I GET A POWER OF ATTORNEY FORM?.
a stationery store or other store that sells pre-printed legal forms..
your estate planning lawyer, or..
Section 4401 of the Probate Code ..