Virginia General (Financial) Power of Attorney Form
The Virginia General (Financial) Power of Attorney should only be used by an individual (called the Principal) who does not wish for the decision making powers they grant to the Agent they name in this form to be used if they become incapacitated at a future date. If the Principal has made the decision to proceed with creating this legal document, they may take advantage of the fact that it makes it legally possible to transfer one or more financial matters to their Agent to handle for them.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 64.2-1603) – General Power of Attorneys made in the state of Virginia must bear the Principal’s signature (or the signature of the individual they have expressly directed to sign the form on their behalf). Further to this, the form must be acknowledged by the Principal before either a Notary Public or another authorized individual who has the legal power to make acknowledgements.