Virginia Court Decisions
Wills, Estate Planning and Administration
061086 Jones v. Brandt 06/08/2007
The circuit court correctly found that an attorney-in-fact had the authority, by virtue of a durable power of attorney under which he acted, to change the beneficiary payable upon death of a certificate of deposit belonging to the decedent, his principal. Specific and general authorizations made in the power of attorney, when considered in concert, sufficiently expressed the decedent's intent to confer authority to make a certificate of deposit beneficiary change upon the attorney-in-fact. The judgment is affirmed.
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