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A person may appoint a third party to act in their best interests and make decisions on their behalf by executing a power of attorney document in Virginia. Although it may be used to appoint an agent for almost any kind of legal action, the most popular forms are those dealing with financial and medical concerns. An attorney-in-fact may be appointed for a certain length of time or the duration of the principal's life, depending on the circumstances.
Medical Advance Directive— Using this document, you may designate someone to make medical choices on your behalf and speak with your physicians on your behalf. This document usually comes into effect when the declarant is incapacitated and it allows them to write their end-of-life treatment preferences down. The agent is to enforce those choices and handle any issues outside of the scope of the written instructions.
Requirements needed to sign the document- It is important to get the signatures of two (2) witnesses (54.1-2983).
Durable financial power of attorney- When you want someone else to manage your financial affairs on your behalf, you'll need to execute a durable (financial) power of attorney. Many people pick this kind of insurance for long-term planning since it continues to be in effect even if you are no longer able to make choices for yourself or your family.
Requirements needed to sign the document- It is necessary to sign one's name to be a notary public (64.2-1603).
General Power of Attorney (Financial)- This instrument, which is similar to a durable power of attorney, allows you to choose someone to look after your financial affairs if you become incapacitated. When something is disabled, it becomes null and void, as opposed to when something is "durable," which stays valid.
Requirements needed to sign the document- To become a notary public, one must sign several documents (64.2-1603).
Limited Power of Attorney- When you grant someone a limited power of attorney, they are only authorized to act on your behalf in the manner that you have specified in advance. In your letter, you may specify how and when you would want your agent to react to your request.
Requirements needed to sign the document- The principal must sign in the presence of a notary public and have that notary acknowledge their signatures (64.2-1603).
Minor (Child) Power of Attorney- Parents may choose a family member or close friend to manage their child's health, well-being, and education. This document, by default, has a limited duration not to exceed one year. If you wish for the authority to last longer, you may need a temporary guardianship instead.
Requirements needed to sign the document- The signatures of the caregiver, as well as the signatures of two witnesses, are required.
Power of Attorney for real estate matters- Someone to handle the sale, management, and purchase of real estate may be appointed for a certain length of time or for the rest of one's life, according to your needs.
Requirements needed to sign the document- It is necessary to sign one's name in order to be a notary public (64.2-1603).
Power of Attorney Revocation Form - Please complete this form if you want to revoke any power of attorney that you have already signed.
Requirements needed to sign the document- Although the form does not need the signature of a notary, it is strongly advised that you do so.
Motor Vehicle Power of Attorney (Form VSA-70)-In order to appoint someone to represent you before the Virginia Department of Motor Vehicles, you need to complete Form VSA-70 (Vehicle Power of Attorney) beforehand (DMV).
Requirements needed to sign the document- An original signature from the car owner is required.