Vermont Durable (Financial) Power of Attorney Form

The Vermont Durable (Financial) Power of Attorney captures the pertinent information associated with transferring the permitted right to another, surrounding indicated financial matters. The distinction of the commitment being classified as “durable” is that the established controls continue to be in effect even after the principal is presumed to be unconscious or vegetative.

Last updated September 21st, 2024

Laws

Statute – Powers of Attorney (14 V.S.A. § 3501 – 14 V.S.A. § 3516)

Definition – “Durable power of attorney” means a written power of attorney in which the authority of the agent does not terminate in the event of the disability or incapacity of the principal (14 V.S.A. § 3501(6)).

Signing Requirements – Notarization of the event of signing must be produced with corroboration by a licensed notary in addition to an approved witness (14 V.S.A. § 3503).