Identification Form For You And Your Attorney-In-Fact

ADVERTISEMENT

USAA Power of Attorney
Important Information. Please Read.
General. This USAA POWER OF ATTORNEY is intended to be used by you, to permit another person
to conduct most transactions on personal USAA accounts that you, as Grantor, could conduct
yourself. For example, you may want your agent (or "attorney-in-fact") to have access to your
bank and/or investment accounts, control over a life insurance policy you own or to take care of
your auto and property transactions on your behalf. It provides your attorney-in-fact access to all
of your business with USAA and allows USAA and its affiliated companies to treat the signature of
your Attorney-in-fact as though it were your signature. For this reason, it is important that you
designate a trusted family member or friend as your attorney-in-fact under this document. The
use of this form is limited to USAA business only and would not be considered a general
power of attorney. This USAA POWER OF ATTORNEY form will be accepted by all USAA companies
for most business transactions with USAA companies. You may check the specific box for each line
of business to authorize your attorney-in-fact to transact business with USAA applicable to the
designated line of business.
Other Powers of Attorneys. If you have a military power of attorney (acceptable to USAA in
most cases) or a power of attorney already on file at USAA, you may want to review it with your
attorney to be sure it covers your business needs and is still in effect.
Cautionary Note: Carefully read any power of attorney form before you sign it. Be sure to
consult your attorney regarding its purpose and the legal rights that are affected by the
grant of such power to another person. Your particular circumstances may indicate the need
for granting either broader or more restrictive rights than are provided for in this form. This USAA
POWER OF ATTORNEY is durable and is therefore valid and effective if you subsequently
become disabled or incompetent. In the event of your death, this USAA POWER OF ATTORNEY
will terminate.
LIMITATIONS ON THE USE OF THIS FORM INCLUDE:
Checkwriting Privileges. If checkwriting privileges are needed on accounts with USAA
·
Federal Savings Bank and on mutual fund accounts with USAA Investment Management
Company ("IMCO"), separate signature cards (if applicable) will be sent to the person to
whom you have granted limited powers to your account(s).
Authority over Other Accounts. For business accounts, trust accounts, estate accounts,
·
guardianship or conservatorship accounts, UGMA or UTMA accounts, qualified tuition (529)
plan accounts, Coverdell Education Savings Accounts or similar accounts, other documents
and applicable laws may limit your ability to grant this authority to another person. In such
instances you should consult with an attorney as to the scope of your ability to grant such
authority.
Electronic Services Agreement. IMCO's Information Provider Agreements require an
·
Electronic Services Agreement to be signed by the member to obtain access to accounts on
. Agents (such as the Attorney-in-Fact) are not authorized to sign such Electronic
Services Agreement for the member.
United Services Automobile Association ■ Fax 1-800-531-8877 ■
224621-1015
Page 1 of 8

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 8