Free Financial Power of Attorney (POA) Template for Washington, D.C.

A Financial Power of Attorney (POA) is a legal document that allows you (the principal) to appoint someone you trust (the agent or attorney-in-fact) to manage your financial affairs if you are unable to do so. Below is a professionally drafted template designed for residents of Washington, D.C.

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Financial Power of Attorney Template

Principal’s Full Name:
[Your Full Name]

Address:
[Your Full Address]

Phone Number:
[Your Phone Number]

Date of Birth:
[Your Date of Birth]

Email Address:
[Your Email Address]

Section 1: Appointment of Agent

I, [Your Full Name], hereby appoint the following individual as my financial agent (attorney-in-fact) to make financial decisions and manage my financial affairs on my behalf.

Primary Agent:

• Name: [Full Name of Financial Agent]
• Address: [Agent’s Address]
• Phone Number: [Agent’s Phone Number]
• Email: [Agent’s Email Address]

Alternate Agent (if primary is unavailable):

• Name: [Full Name of Alternate Agent]
• Address: [Alternate Agent’s Address]
• Phone Number: [Alternate Agent’s Phone Number]
• Email: [Alternate Agent’s Email Address]

Initial Here if you agree with this appointment: ________

Section 2: Granting of Authority

I grant my agent full authority to manage and conduct my financial affairs, including but not limited to the following powers:

2.1 Real Estate Transactions

• Buy, sell, lease, or manage real estate property.
  Initial Here: ________

2.2 Banking and Financial Institution Transactions

• Open, close, and manage bank accounts (checking, savings, etc.).
• Deposit and withdraw funds from my accounts.
  Initial Here: ________

2.3 Investment Transactions

• Manage, buy, or sell stocks, bonds, and other investments on my behalf.
  Initial Here: ________

2.4 Tax Matters

• File, sign, and submit federal, state, and local tax returns on my behalf.
  Initial Here: ________

2.5 Government Benefits

• Apply for, manage, and receive government benefits such as Social Security, Medicare, or Medicaid.
  Initial Here: ________

2.6 Retirement Plan Transactions

• Manage and access retirement accounts, including IRAs, 401(k)s, or pension plans.
  Initial Here: ________

2.7 Business Operations

• Operate, manage, or dissolve any business that I own or hold an interest in.
  Initial Here: ________

Section 3: Special Instructions or Limitations

If applicable, list any specific limitations or instructions regarding the authority granted to your agent (optional):

[Insert any limitations or leave blank]
Initial Here if no limitations: ________

Section 4: Durable Power of Attorney

This Financial Power of Attorney will remain in effect even if I become incapacitated or unable to communicate my wishes, unless I revoke it.

• Yes, I want this POA to remain in effect if I become incapacitated.
  Initial Here: ________
• No, I want this POA to be revoked if I become incapacitated.
  Initial Here: ________

Section 5: Revocation of Previous Powers of Attorney

By signing this document, I revoke any and all prior financial powers of attorney executed by me.

Initial Here if you agree: ________

Section 6: Effective Date

This Financial Power of Attorney becomes effective:

• Immediately upon signing.
  Initial Here: ________
• Only if I become incapacitated (springing POA).
  Initial Here: ________

Section 7: Signature and Witnesses

I sign this Financial Power of Attorney willingly and without duress. I understand the authority I am granting and its implications.

Principal’s Signature: _______________________________
Date: _______________________________

Witness 1

Name of Witness 1: _______________________________
Signature of Witness 1: _______________________________
Date: _______________________________
Address: _______________________________

Witness 2

Name of Witness 2: _______________________________
Signature of Witness 2: _______________________________
Date: _______________________________
Address: _______________________________

Section 8: Notarization (Recommended)

To ensure the enforceability of this Financial Power of Attorney, it is strongly recommended that this document be notarized. Contact DC Mobile Notary for professional mobile notary services to notarize your document.

State of [State Name]
County of [County Name]

On this [Day] of [Month], [Year], before me, [Notary Public's Name], personally appeared [Your Full Name], who provided satisfactory evidence of identification and acknowledged that they executed this document willingly and of their own volition.

Signature of Notary Public: _______________________________
Date Commission Expires: _______________________________
Notary Seal: _______________________________

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How to Use This Template

1. Complete the template with your personal information, agent details, and financial preferences. Be clear and specific about the authority you are granting.
2. Sign the document in front of two witnesses. These witnesses should not be the agent or alternate agent.
3. Notarize the document: Although not always required by law, notarizing your Financial POA ensures it is legally valid and recognized. You can use DC Mobile Notary for convenient notarization services.
4. Distribute copies: Provide copies of this document to your agent, alternate agent, and financial institutions, as needed.

Why Choose DC Mobile Notary?

At DC Mobile Notary, we understand the importance of getting your financial and legal documents in order. Our mobile notary services ensure that your Financial POA is notarized properly, and we come to you—whether at home, the office, or another location.

• Convenience: We bring our services directly to you, saving time and effort.
• Experience: Our notaries are highly trained and experienced with financial documents.
• Confidentiality: Your privacy is important, and we ensure that your documents are handled with the utmost discretion.

Disclaimer

This template is intended for informational purposes only and does not constitute legal advice. It is strongly recommended that you consult with an attorney to ensure compliance with all applicable laws in Washington, D.C., and to tailor the document to your specific legal and financial needs. DC Mobile Notary is not responsible for any legal outcomes resulting from the use of this template.

Contact DC Mobile Notary

For professional and reliable notarization of your Financial Power of Attorney, contact us today:

• Phone: +1 (202) 247 0837
• Email: support@dcmobilenotary.com
• Website: https://www.dcmobilenotary.com/

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