If you are a United States military veteran or an active service member, you may be eligible for membership in USAA. As a member, you have access to a variety of services and products, including insurance offerings. One such product is the USAA power of attorney form. This form allows you to designate another individual to act on your behalf in legal matters should you be unable to do so yourself. The form is available for download on the USAA website, and can be customized to fit your specific needs.
The table includes specifics of the usaa power of attorney. You may go through it prior to writing the gaps.
Question | Answer |
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Form Name | Usaa Power Of Attorney |
Form Length | 8 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 2 min |
Other names | usaa poa form, attorney usaa power form, usaa power of attorney pdf, usaa com poa |
USAA Power of Attorney
Important Information. Please Read.
General. This USAA POWER OF ATTORNEY is intended to be used by you, to permit another person to conduct most transactions on personal USAA accounts that you, as Grantor, could conduct yourself. For example, you may want your agent (or
Other Powers of Attorneys. If you have a military power of attorney (acceptable to USAA in most cases) or a power of attorney already on file at USAA, you may want to review it with your attorney to be sure it covers your business needs and is still in effect.
Cautionary Note: Carefully read any power of attorney form before you sign it. Be sure to consult your attorney regarding its purpose and the legal rights that are affected by the grant of such power to another person. Your particular circumstances may indicate the need for granting either broader or more restrictive rights than are provided for in this form. This USAA
POWER OF ATTORNEY is durable and is therefore valid and effective if you subsequently become disabled or incompetent. In the event of your death, this USAA POWER OF ATTORNEY will terminate.
LIMITATIONS ON THE USE OF THIS FORM INCLUDE:
·Checkwriting Privileges. If checkwriting privileges are needed on accounts with USAA Federal Savings Bank and on mutual fund accounts with USAA Investment Management Company ("IMCO"), separate signature cards (if applicable) will be sent to the person to whom you have granted limited powers to your account(s).
·Authority over Other Accounts. For business accounts, trust accounts, estate accounts, guardianship or conservatorship accounts, UGMA or UTMA accounts, qualified tuition (529) plan accounts, Coverdell Education Savings Accounts or similar accounts, other documents and applicable laws may limit your ability to grant this authority to another person. In such instances you should consult with an attorney as to the scope of your ability to grant such authority.
·Electronic Services Agreement. IMCO's Information Provider Agreements require an Electronic Services Agreement to be signed by the member to obtain access to accounts on usaa.com. Agents (such as the
UNITED SERVICES AUTOMOBILE ASSOCIATION ■ FAX
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·Stock transfers/Real Estate Transactions. Stock transfer agents for brokerage or mutual fund accounts may require a separate designation for your agent to execute a stock power before allowing him or her to trade. USAA may request a separate power of attorney form for real estate transactions.
·Options and Margin Trading Privileges. In order for your agent to trade on margin or options in your IMCO brokerage account, your agent, must complete a USAA Option Account Application and/or Margin Account Privileges Supplemental Application and the Durable Power of Attorney Affidavit and Indemnification form, as applicable, and must be approved for options and/or margins trading.
Instructions to Complete the Form below:
If you decide to use this USAA POWER OF ATTORNEY form, please read the instructions below:
1.Complete the Identification Form and the USAA POWER OF ATTORNEY.
2.All applicable blanks in the forms must be filled in. If not applicable, mark N/A.
3.Your signature must be acknowledged before either a notary public or a person authorized under 10 USC § 1044a to perform a notarial act for members of the armed services.
4.If you do not include a termination date, it will be presumed to be in effect until either your death or a written or oral revocation is received by USAA.
5.You have the option of appointing an alternate
6.Online access to account is only granted to your agent if the ALL THE POWERS LISTED BELOW is selected on page 5.
It is important that you return the completed USAA POWER OF ATTORNEY form and the Identification Form by sending it to USAA, Power of Attorney Processing, P.O. Box 659464, San Antonio, TX 78265 or faxing the printed form to
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Identification Form for You and Your
IMPORTANT INFORMATION. Federal law requires us to obtain, verify, and record the name, address, date of birth, and other information of you and your
Your (Grantor) Information
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Successor
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U.S. Alien Identification Card number |
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USAA POWER OF ATTORNEY
I,__________________________________________ ("Grantor"), presently stationed or residing
at _____________________________________________________________________(Address)
desiring to execute this USAA POWER OF ATTORNEY, do hereby appoint ____________________
________________________________________________________ (Name of
whose address is _______________________________________________________________ ,
as my
(Name of Successor
________________________________________________________ , to serve as my Successor
oALL THE POWERS LISTED BELOW. (By checking this box, ALL powers below apply. If this box is checked, do not check any other box below.)
OR
oCheck the specific authorized powers for each designated USAA lines of business for which you want to grant powers.
oINVESTMENT TRANSACTIONS
(a)The agent, who is assigned POA, must complete a USAA Brokerage Services Option Account Application and/or USAA Brokerage Services Margin Application, as applicable, and must be approved for options and/or margin trading, before USAA Power of Attorney is granted on the margin/option account.
(b)To inquire, buy, sell (including short sales), exchange, convert and trade in stocks, bonds, mutual funds, including USAA mutual funds, ETFs, options and any other securities or contracts relating to the same on margin, if the account is approved to trade options, or otherwise; for or at the risk of my account(s);
(c)To inquire and provide instructions, reviews and set the investment objective for the management of my discretionary account(s);
(d)To execute and deliver good and sufficient instruments for the accomplishment of the above authority; to act as my attorney or proxy with respect to any stocks, shares, bonds, mutual funds or other investments, rights or interest as I may now or hereafter hold;
(e)To receive periodic account statements, confirms, proxies, prospectuses and other account disclosure documents; and
(f)To withdraw by check, order, or other means any cash, securities, or property from my account(s), regardless of the tax consequences of such a distribution. Such distribution may be made to me or to any third party, including my
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o BANKING TRANSACTIONS
(a)To deposit or withdraw for any purpose, in or from any bank or other financial institution, any funds, checks, or other credits which I now or hereafter may have on deposit or be entitled to, and to endorse, cash and receive the proceeds of any and all checks, vouchers, or other orders for money, to open or close accounts, and to receive statements, vouchers, notices or other documents from any bank or other financial institution concerning any and all accounts or banking transactions in my name or in which I may have an interest;
(b)To have access for all purposes to any or all safety deposit boxes or vaults rented in my name or in the names of any other person or persons and myself, with full power to use the same for safekeeping any property or papers, and to remove there from any time, or from time to time, all or any part of the contents of any such box or vault;
(c)To borrow money at an interest rate agreeable to my
(d)To receive bank statements, vouchers, notices, or similar documents from a financial institution and act with respect to them; and
(e)To continue, modify, or terminate an account or other banking arrangement made by me or on my behalf, including but not limited to changing automatic payment plan instructions for any loan payment or deposits.
o INSURANCE TRANSACTIONS
(a)To pay the premiums, terminate any property or casualty policies or execute rights on an annuity or any contract of insurance presently owned by me or hereafter acquired;
(b)To procure (subject to underwriting requirements) different or additional annuities or contracts of insurance on my life or with respect to protecting me or my property from ill health, disability, accident, liability or loss;
(c)To exercise any election or conversion rights, and to demand, receive or obtain any money, dividend, or other thing of value to which I am or may become entitled as the proceeds or other return or profit arising out of any contract of insurance or of any one or more of the insurance transactions herein enumerated;
(d)To establish or change policy and billing addresses, although my
(e)To establish or change beneficiary designations applicable to any life insurance policy or annuity contract that I own;
(f)To receive all notices normally provided to the owner or named insured of any contract;
(g)To apply for, receive delivery of, or amend any property and casualty insurance contract;
(h)To execute documents accepting or rejecting insurance coverages;
(i)To do all things necessary to the settlement of a claim, including but not limited to, the execution of releases, receipt of insurance proceeds, authorization of repairs to insured property, or execution of any documents necessary to transfer my interest in vehicles insured by USAA to effect loan payoff and salvage titling in the event that USAA determines that any such vehicle is a total loss or total theft;
(j)To vote or designate a proxy to vote in matters placed before the members of USAA; and
(k)To execute subscriber agreements containing limited powers of attorney to effectuate the procurement of insurance policies to be provided by United Services Automobile Association.
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GENERAL PROVISIONS APPLICABLE TO ALL SECTIONS
(a)All business transacted pursuant to this USAA POWER OF ATTORNEY for me or for my account shall be transacted in my name, and all endorsements and instruments executed by my
(b)I hereby ratify and confirm any and all instructions, transactions, trades, dealings, or other lawful acts done or caused to be done by my
(c)This USAA POWER OF ATTORNEY is durable and is not affected by my subsequent disability or incapacity.
(d)If the authority contained herein shall be revoked, or terminated by operation of law, without notice, I hereby agree for myself, my executors, administrators, heirs and assigns, in consideration of my
(e)Notwithstanding my insertion of a specific expiration date herein, if on the specified expiration date below I shall be, or have been, carried in a military status of "missing",
TERMINATION
Expiration Date (Optional): ____________________ . (No date indicates the document
remains effective until written or oral revocation is received by USAA). Unless sooner revoked or terminated by me by written notice addressed to USAA, 9800 Fredericksburg Rd., San Antonio, Texas 78288, or by oral notice to a USAA member service representative, this USAA POWER OF ATTORNEY shall become NULL and VOID from and after the Expiration Date. Upon termination or revocation, I agree to change and/or
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IN WITNESS WHEREOF, I have set my hand this ___________ day of _____________ , 20______
Grantor's Signature
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TO BE VALID, YOU (THE PERSON GRANTING THESE POWERS) MUST SIGN THIS FORM AS GRANTOR IN THE PRESENCE OF EITHER (1) A NOTARY PUBLIC OR (2) A PERSON AUTHORIZED BY 10 USC § 1044A TO PERFORM A NOTARIAL ACT FOR MEMBERS OF THE ARMED FORCES. FILL OUT ONLY ONE SECTION BELOW.
(1) CIVILIAN ACKNOWLEDGMENT
State Of(County/City/Parish
I,______________________________ A Notary Public in and for the State aforesaid, do hereby
certify that on the _______________ day of _____________ , 20 _____ , before me personally
appeared _________________________________________________ (GRANTOR), who signed
and executed the foregoing USAA POWER OF ATTORNEY. IN WITNESS WHEREOF, I have hereunto set my hand and official seal this day and year above.
Notary Public |
My Commission Expires |
OR
(2) MILITARY ACKNOWLEDGMENT
IF ACKNOWLEDGED BEFORE A PERSON AUTHORIZED TO PERFORM NOTARIAL ACTS FOR MEMBERS OF THE ARMED FORCES by 10 USC § 1044a:
With the United States Armed Forces at: _______________________________________
I,__________________________________ the undersigned do hereby certify that on this
_______________ day of ________________ , 20 _____ , before me, personally appeared
_____________________________________________________(GRANTOR), who signed
and executed the foregoing USAA POWER OF ATTORNEY. I do further certify that I am at the date of this certificate authorized under 10 USC § 1044a to perform notarial acts for members of the armed forces, and that by statute no seal is required on this certificate.
(ORGANIZATION AND STATION)
Signature of Person Authorized To Perform Notarial Acts
(Name, Grade, Armed Force)
THE
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