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Power of Attorney (Financial) in Virginia

A financial power of attorney lets you name an agent to handle money and property for you. Many states have their own statutory form and signing rules (notary, witnesses), and banks often ask for that form. Check your state's rules below; if your state has a statutory form, use it.

What Virginia law says

Power of attorney signing rulesUnder Virginia's power of attorney chapter (Va. Code Title 64.2, Chapter 16), a power of attorney is durable unless it expressly says it ends when the principal becomes incapacitated. It must be signed by the principal (or by another person at the principal's direction in the principal's conscious presence); acknowledging the signature before a notary makes it presumed genuine. To be recorded (for example, for a real estate transaction), it must meet the recording rules for writings, which require acknowledgment or proof by two witnesses.

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FINANCIAL POWER OF ATTORNEY

I, [principal full name], of [principal address], appoint [agent full name], of [agent address], as my agent.

Successor agent (if my agent cannot serve): [successor agent name and address]

My agent may act for me in these matters: [list the powers you grant, e.g. banking, real estate, taxes, benefits, bills]

Limits or special instructions: [any limits, or 'none']

This power of attorney [continues if I become incapacitated (durable) / ends if I become incapacitated], and takes effect [now / on a date or event].

Signed on [date]. Principal signature: ____________________

[Witness signatures and notary acknowledgment, as your state requires]

Agent's acceptance (if your state requires it): ____________________

Power of Attorney (Financial) for other states · Virginia tenant rights

General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.