Delaware Durable Power of Attorney Form
A Delaware durable power of attorney is a document you must complete and execute in order for you to give a specific person the ability to complete financial tasks in your place. So long the nominated person (the “Agent”) accepts the terms the Principal sets out, they will be obliged to their responsibilities until the Principal’s death or until their powers are formally revoked. The “durability” of the form refers to the fact that the Agent’s powers stay in effect in the case the Principal can no longer make decisions on their own (commonly caused by a medical issue).
Laws: Chapter 49A
Signing Requirements (§ 49A-105): For the POA to be valid in the state of Delaware, it must be:
- Signed by one (1) adult witness, and
Durable (Springing) Power of Attorney