Dec
Virginia General Power of Attorney (with specific termination date)
Virginia General Power of Attorney (with specific termination date)
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A General Power of Attorney Form designates a person to handle the business, financial and legal affairs of another person, either for a specific function or for overall day-to-day needs. For example, a Power of Attorney may be used where one person is unable to personally attend to a specific legal affair or piece of business, and wishes to have a designated representative handle the matter on his or her behalf. In a more tragic example, a Power of Attorney may
be used in situations where a person’s mental or physical capacities leave him or her unable to make decisions.
Key provisions this form includes:
• Principal’s and Agent’s name and address: Identifies the Principal and the Agent
• Power to enter binding contracts on Principal’s behalf: Grants the Agent the power to enter contracts for the Principal
• Power to maintain, manage, and insure Principal’s property: Allows the Agent to take care of the Principal’s property
• Power to make gifts and charitable contributions of Principal’s property: Provides for Agent being able to make gifts on Principal’s behalf
This attorney-prepared packet includes:
(1) Instructions & Checklist for Durable Power of Attorney Effective Immediately
(2) Information for Durable Power of Attorney Effective Immediately
(3) Durable Power of Attorney Effective Immediately
State Law Compliance: Designed for use in Virginia
