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Virginia Durable (Financial) Power of Attorney Form

A Virginia durable power of attorney form provides a method by which a person ("principal") can designate an individual of their choice ("agent") to act on their behalf for financial-related matters. This would allow the agent to pay bills, sell and lease property, and act as if they were the principal.
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Signing Requirements

The principal is required to have their signature acknowledged by a notary public or another person authorized by law to take acknowledgments (VA Code § 64.2-1603).

Definition of “Durable”

“Durable,” with respect to a power of attorney, means not terminated by the principal’s incapacity (VA Code § 64.2-1600).

Definition of “Power of Attorney”

“Power of attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term power of attorney is used (VA Code § 64.2-1600).

Statutory Form

Virginia has no durable statutory power of attorney, but information regarding durable powers can be found in VA Code § 64.2-1601.