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Virginia General Durable Power of Attorney for Property and Finances - Effective Immediately

ABOUT THIS DOCUMENT

This General Durable Power of Attorney, which is effective immediately, is intended to be used by an individual to appoint an Attorney-in-Fact to make decisions for him or her regarding property, financial, banking, management, business and other related matters. However, this power of attorney does not include powers relating to medical and health care services. This document contains broad powers which the individual can choose from so as to suit his or her specific requirements. It should be used by individuals located in Virginia who wish to appoint an Attorney-in-Fact to act on their behalf regarding financial matters.

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This General Durable Power of Attorney, which is effective immediately, is intended to be

used by an individual to appoint an Attorney-in-Fact to make decisions for him or her

regarding property, financial, banking, management, business and other related matters.

However, this power of attorney does not include powers relating to medical and health

care services. This document contains broad powers which the individual can choose from

so as to suit his or her specific requirements. It should be used by individuals located in

Virginia who wish to appoint an Attorney-in-Fact to act on their behalf regarding financial

matters.

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GENERAL DURABLE POWER OF ATTORNEY



THE POWERS YOU GRANT BELOW ARE EFFECTIVE



EVEN IF YOU BECOME DISABLED OR INCOMPETENT



KNOWN BY ALL PERSONS PRESENT, THAT:



I, _______________________________ [Instruction: Insert the name of the principal],

______________________________________ [Instruction: Insert the address of principal],

(“Principal”), execute this Durable Power of Attorney and do hereby make, constitute and

appoint: ___________________________________ [Instruction: Insert the name of Attorney-

in-Fact], __________________________ [Instruction: Insert the address of Agent],

(“Agent”) TO ACT IN MY NAME, PLACE AND STEAD in any lawful way with respect to

the following provisions:



1. Effectiveness of Power of Attorney: This instrument is to be construed and interpreted as a

general durable power of attorney effective immediately.



2. Grant of Powers: I grant to my Agent full power and authorization to do everything

necessary in exercising any of the powers granted by this power of attorney as fully as I

might or could do if personally present. My Agent shall have full power of substitution or

revocation. I hereby ratify and confirm all that my Agent lawfully does or causes to be done

by virtue of this power of attorney and the powers herein granted. My Agent shall have the

power to exercise or perform any act, power, duty, right or obligation whatsoever that I now

have or may hereinafter acquire, relating to any person, matter, transaction or property, real

or personal, tangible or intangible, now owned or hereafter acquired by me, including,

without limitation, the following specifically enumerated powers:



a. Property Matters: To acquire, purchase, exchange and sell, or grant options to sell,

mortgage, pledge, lease, sell and convey real or personal property, tangible or intangible,

or interests therein, on such terms and conditions as my Agent shall deem proper, with

full authority to sign, endorse, execute and deliver any sales agreement, deed, bill of sale

and all other instruments or documents pertaining to the sale of any of my real or

personal property; and to enter into bonds, contracts, mortgages and deeds connected

therewith;



b. Stock and Bond Transactions: To purchase, convey, assign, sell, exchange, surrender,

mortgage, pledge, lease, let, license, demise, remise, quitclaim, bargain, redeem or

otherwise transfer any and all shares of stock, bonds, evidences of indebtedness or other

securities and other personal tangible and intangible or mixed property in any business,

association, corporation, partnership or other legal entity, whether private or public, now

or hereafter belonging to me;



c. Banking and Other Financial Institution Transactions: To make, receive, sign,

endorse, execute, acknowledge, deliver and possess checks, drafts, bills of exchange,

letters of credit, notes, stock certificates, withdrawal receipts and deposit instruments







© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2

relating to accounts or deposits in, or certificates of deposit of banks, savings and loans,

credit unions or other institutions or associations, execute or release such deeds of trust or

other security agreements as may be necessary or proper in the exercise of the rights and

powers herein granted;



d. Business Operating Transactions: To conduct, engage in and otherwise transact the

affairs of any and all lawful business ventures of whatever nature or kind that I may now

or hereafter be involved in. To execute partnership agreements and amendments thereto;
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