

(_) Estates, Trusts, and Other Beneficial Interests (_) Banks and Other Financial Institutions If you wish to grant general authority over all of the subjects you may initial “All Preceding Subjects” instead of initialing each subject.) (INITIAL each subject you want to include in the agent’s general authority. I grant my agent and any successor agent general authority to act for me with respect to the following subjects as defined in the Uniform Power of Attorney Act, §39B-1-101 et seq. Second Successor Agent’s Telephone Number:_ GRANT OF GENERAL AUTHORITY If my successor agent is unable or unwilling to act for me, I name as my second successor agent: If my agent is unable or unwilling to act for me, I name as my successor agent: Name of Agent:_Īgent’s Address:_Īgent’s Telephone Number:_ I _ name the following person as my agent: If you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form.

This power of attorney becomes effective immediately unless you state otherwise in the Special Instructions. You may also name a second successor agent. If your agent is unable or unwilling to act for you, your power of attorney will end unless you have named a successor agent.

Coagents are not required to act together unless you include that requirement in the Special Instructions. If you wish to name more than one agent you may name a coagent in the Special Instructions. This form provides for designation of one agent. Your agent is entitled to reasonable compensation unless you state otherwise in the special instructions. Unless you specify otherwise, generally the agent’s authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you. You should select someone you trust to serve as your agent. This power of attorney does not authorize the agent to make health care decisions for you. The meaning of authority over subjects listed on this form is explained in the Uniform Power of Attorney Act, §39B-1-101 et seq. Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal).
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Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract.Annuity payments are made at regular intervals over a period of more than one full year.
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A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years.
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Terms Used In West Virginia Code 39B-3-101
