Power of attorney is a legal document that allows one person to make decisions on another person’s behalf. These powers can cover many aspects, including legal, business, personal, medical, and more. Vermont’s power of attorney law helps you specify exactly which rights you’d like to grant to another person.
In Vermont, the principal grants PoA rights to an agent, also known as an attorney-in-fact. Vermont strives to grant you the rights you want without giving away any rights you wish to keep to yourself. Read on to learn more about the different types of power of attorney in Vermont.
Vermont Durable Power of Attorney
A durable power of attorney in Vermont is far-reaching, and it lasts until either your death or once you go through the proper channels to revoke the document. A durable power of attorney allows you to grant almost any type of power you want to your agent.
It’s essential to choose someone you trust as your agent since they’ll receive power once your doctor declares you incapacitated. This person may have your life in their hands.
Vermont General Power of Attorney
General power of attorney in Vermont covers a wide range of powers. You’re allowing your agent power over all of your affairs, including financial and business.
The main difference between a general and durable power of attorney is that your agent no longer has any power if you are no longer capable of making decisions on your own. If you don’t become incapacitated, it ends with your death or if you have the power revoked.
Vermont Limited Power of Attorney
If you need to give someone access for a short period, you can fill out a limited power of attorney form in Vermont. This form grants your agent specific powers for a set time. After that period, they no longer have power.
You may opt for a limited power of attorney if you’re going to be away from your business or finances for some time and need someone who can make decisions on your behalf.
Vermont Medical Power of Attorney
You can grant medical power of attorney so that someone can make medical decisions if you’re no longer able to make decisions yourself. Your agent has to power to decides matters of your health, but this power doesn’t begin until a doctor declares you incapacitated.
Vermont Minor (Child) Power of Attorney
You may need to grant a friend or family member power of attorney over your child in some cases. This person will be able to make decisions for your child like a parent for the specified time. You may want to grant this power if you’re going to be away for an extended time or if you’re undergoing serious medical treatment.
Frequently Asked Questions
Read on for answers to some of the most asked questions about Vermont’s power of attorney.