A Washington, DC general power of attorney (GPOA) enables an individual, known as the “principal,” to designate another person, termed the “agent” or “attorney-in-fact,” to manage various financial matters on their behalf. This authoritative document grants the agent broad powers to oversee the principal’s financial affairs, including bank transactions, investments, or bill payments.
This document is non-durable, meaning it becomes void if the principal becomes incapacitated. For ongoing representation, even if the principal is unable to make their own decisions, opt for a durable power of attorney.
Laws — Title 21 Chapter 26 (Uniform Power of Attorney Act).
Authority (D.C. Code § 21–2602.01) – The principal grants the agent specific powers, as explicitly outlined in the agreement. Actions performed by the agent are legally binding and extend to the benefit of the principal and their successors as if done by the principal themselves.
Signing Requirements (D.C. Code § 21–2601.05) – A notary public must acknowledge the principal’s signature.
Presumption of Durability (D.C. Code § 21–2601.04) – No, a power of attorney in Washington, DC is not considered durable by default. The document must state that it is terminated by the incapacity of the principal.
