Special durable power of attorney for bank account matters vermont form
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SPECIAL DURABLE POWER OF ATTORNEY
FOR BANK ACCOUNT MATTERS
STATE OF VERMONT
COUNTY OF ________________ _ _
KNOW ALL MEN BY THESE PRESENTS:
That I, ________________ _ _ of ________________ _ _
County, Vermont, being of sound mind and memory, do hereby make, constitute and appoint
________________ _ _ as my true and lawful agent and attorney in fact (hereinafter sometimes
called "my agent"), with full power and authority to act for me, individually, and in my name,
place and stead, with reference to the transaction of any and all business related to or connected
with my bank accounts at ________________ _ _ Bank, _______ _ ________ _
_ (Address), ________________ _ _ (City), Vermont, ____________ (Zip Code) hereinafter
“Bank”, including, but not limited to, the following:
1. Making deposits, transfers and withdrawals to or from any of my bank accounts
at Bank.
2. Writing, making and endorsing checks, drafts and other instruments in connection
with my bank accounts at Bank.
3. Opening new checking, savings, money market, certificates of deposit, IRA’s or
other accounts in my name and maintaining same.
4. Approving and authorizing automatic withdrawals from my accounts.
5. Executing signature cards for accounts maintained or opened by my agent in my
name.
6. Performing any and all other matters relating to, or in connection with, my bank
accounts at Bank.
I direct that the above-related powers and authority of my said agent shall be so
exercisable and effective regardless of the fact that I may be mentally or physically incapacitated
or incapable of understanding or unable to express myself or act in my own behalf at the time of
any action on my behalf by said agent. Such incapacity, whether mental or physical, that I may
exhibit shall not in any way interfere with the authority of my agent herein to act fully on my
behalf according to the terms hereof. In other words, this Power of Attorney shall not be
affected by the subsequent disability, incompetence or incapacity of the principal.
And I do hereby undertake to ratify and confirm, all and singular, the acts heretofore
performed and to be hereinafter performed by my said agents, acting in my name and on my
behalf.
Bank shall honor this Power of Attorney until and unless Bank receives written notice of
revocation of same signed by me. Bank is hereby indemnified and shall be held harmless by the
undersigned for any and all actions taken by my agent regarding my accounts at Bank, regardless
of whether within the intended scope of this Power of Attorney or not; therefore, Bank shall
have no liability for the actions of my agent or for following the directions of my agent in
connection with my bank accounts at Bank.
IN WITNESS WHEREFORE, I have executed this Special Power of Attorney on this the
_ _ day of ________________ _ _ , 20 ___ .
Signed this ____ day of ________________ _ _ , 20 _______
___________ ___________________________________
Principal
________________ _ _
City, County, and State of Residence
I, ________________ _ _ , witnessed the signature of the principal above
and I affirm that the principal appeared to be of sound mind and free from duress at the time this
power of attorney was signed and the principal affirmed to me that he or she was aware of the
nature of the document and signed it freely and voluntarily.
Witness: ______________________________________________________________________
Address: ________________ _
_
Witness: ______________________________________________________________________
Address: ________________ _
_
STATE OF VERMONT
COUNTY OF ________________ _ _
At ________________ _ _ (town or city) on ________________ _ _ (date)
________________ _ _ personally appeared and acknowledged the foregoing power of
attorney to be his/her free act and deed. Before me-
___________________________________________ (Seal)
(Signature of Person Taking Acknowledgment)
________________ _ _
(Title)
My commission expires: ________________ _ _
I, ________________ _ _ , agent named above attest that : (1) I accept appointment as
agent; (2) I understand the duties I am assuming under this power of attorney under the law; (3)
I understand that I have a duty to act if expressly required to do so in this power of attorney
consistent with said 14 VSA Section 3506(c); and (4) I understand that I am expected to use my
special skills or expertise on behalf of the principal as follows (insert any such special skills):
Date ________________ _ _ ________________ _ _
Agent
WITNESSES:
______________________________
Signature
Print Name: ___________________________
Address: ________________ _ _
City: ___________ State: ___________
Zip: _______________ WITNESSES:
______________________________
Signature
Print Name: ________________ _
_
Address: ________________ _
_
City: ___________ State: __________
Zip: _______________
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