A power of attorney (POA) in Virginia is a legal document that allows an individual (the “principal”) to appoint another person (the “agent”) to act on their behalf in financial and legal matters. The principal can grant the agent as much or as little authority as they wish, and can revoke the power of attorney at any time. There are two main types of powers of attorney in Virginia:

1. Durable Power of Attorney: A durable power of attorney remains in effect even if the principal becomes incapacitated. It allows the agent to make financial decisions, such as managing bank accounts, paying bills, and handling investments, on the principal’s behalf.
2. Springing Power of Attorney: A springing power of attorney only goes into effect when the principal becomes incapacitated. It allows the agent to make financial decisions, such as managing bank accounts, paying bills, and handling investments, on the principal’s behalf.

It’s important to consult with an attorney licensed in Virginia, to ensure that your power of attorney is legally binding and meets your needs. It’s also important to choose a trustworthy and capable agent who will act in your best interest.