A Virginia power of attorney (POA) can give an agent broad control over financial and legal matters. That power, however, has clear limits. Some actions need specific authority in the POA, while other decisions stay with the principal. The agent must also follow the...
Power Of Attorney
3 things to know about power of attorney documentation
A power of attorney is a legal document that allows someone, known as an agent, to act (legally) on another person’s behalf. The person creating the document is known as the principal. Yet, power of attorney authority varies greatly. It can be very limited, but it may...
Tips for choosing someone to have financial power of attorney
Many people who are creating an estate plan may focus heavily on what’s going to happen to their assets when they pass away. While that’s important, they should also think about who’s going to take care of their affairs if they become incapacitated. One decision to...
Why unmarried partners need estate planning to protect each other
Many couples remain in long-term committed relationships for decades – often until one of them passes away. Too often, a time of grief turns into one of financial uncertainty or crisis if the deceased partner didn’t create an estate plan – even a simple will. It’s...
Should you have two powers of attorney?
We never know what will happen in the next minute, hour or day. We have a good idea of how things will progress, but there’s always the unpredictability of the unknown. We assign a power of attorney (POA) to a trusted individual because we know the unexpected can...
Springing versus durable powers of attorney
Powers of attorney (POAs) are frequently considered essential parts of estate planning, and seniors often use them so that someone is in place to make medical and/or financial decisions on their behalf if they’re no longer able to do so. However, there is more than...
What happens if you do not have a power of attorney in VA?
Have you ever considered what might happen if you suddenly become incapacitated due to an accident or illness? For many, especially those with families to support, this scenario is unimaginable. Yet, it is a reality that can strike without warning, leaving your loved...
What it means to have power of attorney for your elderly parent
Power of attorney can empower an individual, the agent, to make decisions on behalf of their elderly parent or parents. This authority becomes particularly important as aging parents may face challenges in managing their financial, health care and legal matters. It is...
Is it possible to revoke the power of attorney?
Have you ever wondered if you can change your mind after giving someone Power of Attorney (POA)? This is a common question, especially as life's circumstances shift and evolve. The power of attorney, a legal document entrusting someone else to make decisions on your...
Why name 2 agents in powers of attorney instead of 1 person?
Powers of attorney are popular inclusions in modern Virginia estate plans. These designations help to protect adults from involuntary guardianship and financial hardship in the wake of incapacitation due to severe injury or illness. By allowing someone to act on...




