Vermont General Power of Attorney Form For Financial Affairs
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The Vermont general power of attorney for financial affairs is a legal document used by the grantor to authorize the attorney-in-fact to make decisions and act in his/her financial affairs.
Vermont Legal Aid, Inc. General Power of Attorney - Page 1
GENERAL POWER OF ATTORNEY FOR FINANCIAL AFFAIRS
APPOINTMENT OF AGENT
Your Name and Address:
I appoint the following person as my Agent (include name and address):
To act in my name, place and stead in any way which I myself could do, if I were personally
present, with respect to the matters and powers specified in this power of attorney, to the extent
that I am permitted by law to act through an agent.
I give my Agent the full authority to handle my personal and financial affairs. This includes but
is not limited to managing all my financial matters, including banking, investments, pensions,
retirement accounts, taxes, trusts, and insurance; accessing all my information, accounts, and
property; and performing any act relating to any matter, account, transaction or property, now
owned or later acquired by me, as I have the right to manage, access or perform myself.
A Power of Attorney for Financial Affairs lets you designate someone to help you manage your
money and property. You designate a person to be your “agent”. You can give your agent broad
powers to handle your property during your lifetime, or you can limit what your agent can do.
This is your decision, and you can decide how you want your agent to act.
This document does not authorize anyone to make medical or other health care decisions for you.
To do that, You need to execute an Advance Directive for health care decisions. That is a
separate form you need to fill out and sign with witnesses.
This power of attorney may be revoked by you at any time. You can revoke it in writing, by
telling your agent, or by tearing it up or crossing it out or any other act that shows you want it
revoked. Tell your agent that you are revoking the power of attorney. You should also tell your
bank and other financial institutions.
If there is anything about this form that you do not understand, you should ask a lawyer to explain
it to you. This form does not provide for all options allowed by the law. You may also wish to
consult a lawyer to consider other options or to ensure that your power of attorney meets your
needs. This document is intended to create a general power of attorney pursuant to 14 V.S.A.
§3501 et seq. with full authority to act on my behalf.
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