A Virginia resident may find themselves in a position where they want or need to amend a power of attorney. This may be necessary if there is a need to change the name of an agent or alternate agent. The agent is the person who is granted the authority to make...
Power Of Attorney
What a financial power of attorney can do
Virginia residents who have a financial power of attorney have appointed someone to make decisions for them if they become incapacitated. There are a number of actions that an agent can take, including paying bills or making sure that taxes are filed on time. They can...
Why a person may decline to be an agent
If a person is designated by a parent or close friend as that individual's power of attorney, that person has a right to decline. There are many reasons why this may be a good idea. For instance, the parent may live in Virginia while the child designated as power of...
Power of attorney problems to avoid
Power of attorney documents can be a very important part of planning for the unexpected. These documents allow individuals to select “agents” who would have the power to make decisions for them, such as financial or health care decisions.A common goal of...
