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Washington D.C. General (Financial) Power of Attorney

A Washington D.C. general power of attorney appoints someone to make financial transactions on another's behalf. Within the document, the principal will define the authority that will be granted to the agent while managing their assets. The authority automatically expires if the principal becomes incapacitated or dies.
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Laws

  • Durable – A power of attorney document is durable unless it expressly provides that it is terminated by the incapacity of the principal.[1]
  • Incapacity – Means the inability of a person to manage their property or business affairs because of an impairment or because the person is missing, detained (incarcerated), or is outside the United States and is unable to return.[2]
  • Signing Requirements – The principal must have their signature notarized.[3]