A West Virginia general power of attorney (GPOA) is a document that empowers an agent to manage the principal’s financial affairs, including assets like bank accounts, investments, and real estate. This legal document requires the principal’s careful consideration and signature to designate the agent’s authority.
The agent’s authority ends either upon the principal’s incapacitation or through a written revocation unless a durable power is specifically granted for actions during unconscious states.
Authority (§ 39B-2-101) – An agent designated by a power of attorney can represent the principal and carry out extensive duties as outlined in the agreement.
Signing Requirements (§ 39B-1-105) – This requires the principal’s signature in front of a notary public.
Presumption of Durability (§ 39B-1-104) – Yes, a power of attorney established by this act remains effective unless it specifically states it ends if the principal becomes incapacitated.