The West Virginia durable power of attorney is a legal document that allows one person to appoint an agent to act on their behalf in handling legal and financial matters. This form remains effective even if the person granting power (the principal) becomes incapacitated or unable to decide for themselves. The agent (also called attorney-in-fact) is the person appointed and authorized by the principal to act on their behalf.
A durable POA form becomes effective immediately upon signing or at a specified date, avoiding costly court proceedings. The principal can grant broad or limited powers to the agent, such as managing bank accounts, paying bills and expenses, filing tax returns, managing investments, etc. Appointing a trustworthy attorney-in-fact is crucial, as they gain extensive authority over the principal’s finances.
In West Virginia, a durable power of attorney does not authorize an agent to make health care decisions. You will need a separate form for such cases, so check out all West Virginia POA templates.
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The West Virginia Code explicitly outlines the laws governing the execution and durability of a power of attorney. Section §39B-1-104 establishes that a power of attorney is inherently durable. The document remains effective even if the principal becomes incapacitated unless explicitly stated otherwise in the document. This provision ensures that the agent can manage the principal’s affairs continuously during incapacity, provided the POA does not impose specific limitations.
For a power of attorney to be legally valid, it must meet the following criteria (execution requirements are specified in §39B-1-105):
Finally, §39B-1-110 discusses the termination of a power of attorney or an agent’s authority. A POA will automatically terminate under conditions such as the principal’s death or upon fulfilling its specified purpose. This section also clarifies that executing a new power of attorney does not revoke a previously executed one unless it specifically states that the prior document is revoked.
According to §39B-1-114 of the West Virginia Code, an agent under a durable power of attorney has specific duties, including acting in the principal’s best interest, in good faith, and within their granted authority. These obligations ensure that the agent’s actions align with the principal’s expectations and legal requirements.
Document Name | West Virginia Durable Power of Attorney Form |
Other Names | West Virginia Financial Durable Power of Attorney, WV DPOA |
Relevant Laws | West Virginia Code, Section 39B-1-105 |
Signing Requirements | Notary Public |
Avg. Time to Fill Out | 10 minutes |
# of Fillable Fields | 37 |
Available Formats | Adobe PDF |
Popular Local Durable POA Forms
Durable POA documents are used in each and every state. Take a look at other popular DPOA forms frequently filled out by Americans.
Filling out the West Virginia durable power of attorney requires careful attention to detail to ensure your wishes are accurately and legally recorded. Here’s a step-by-step guide to help you complete the form properly.
Start by clearly writing your full name (as the principal) and designate your chosen agent by providing their full name, address, and telephone number. Ensure these details are accurate to prevent any confusion or legal issues in the future.
If you wish, you can appoint a successor agent and a second successor agent by entering their names, addresses, and telephone numbers. This appointment is crucial in case your primary agent is unable or unwilling to perform their duties.
You must specify the extent of powers you grant to your agent by initialing next to each category of powers listed on the form. If you prefer to grant all powers listed, simply initial next to “All Preceding Subjects.”
For actions that could significantly affect your property or its disposition upon your death, you must explicitly grant permission by initialing next to each specific authority you wish to confer to your agent. This section includes powers such as making gifts, changing beneficiary designations, etc.
In this section, you have the opportunity to provide detailed instructions or limitations that are not covered elsewhere in the form. It could include specific wishes about property management, financial decisions, or how conflicts of interest should be handled.
Indicate when the power of attorney will become effective. If it is to be effective immediately, note this clearly. Both you and your agent will then need to sign and date the form in the presence of a notary public to make it legally binding.
The final step is to have your signature, as well as that of your agent, if applicable, notarized. It usually requires you both to appear before a notary and sign the document, confirming your identity and your understanding of the document’s significance.