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Example - Delaware Durable Power of Attorney Form

Delaware Durable Power of Attorney

This document is a Durable Power of Attorney, created under the laws of the State of Delaware. It allows you to designate another person to make financial and legal decisions on your behalf should you become unable to do so.

Please fill in the information where indicated below:

Principal Information

  • Name: ___________________________
  • Address: _________________________
  • City: ____________________________
  • State: ________________
  • Zip Code: _____________

Agent Information

  • Name: ___________________________
  • Address: _________________________
  • City: ____________________________
  • State: ________________
  • Zip Code: _____________

Effective Date

This Power of Attorney shall become effective immediately and remain in effect until revoked by the Principal.

Authority Granted

The Agent shall have the authority to perform the following actions on behalf of the Principal:

  1. Manage bank accounts and financial transactions.
  2. Sign checks, contracts, and other documents.
  3. Handle real estate matters.
  4. Make investment decisions.
  5. Access safe deposit boxes.

Revocation

The Principal may revoke this Durable Power of Attorney at any time by providing written notice to the Agent.

Signature

By signing below, the Principal affirms that this document reflects their intent to create a Durable Power of Attorney:

Signature of Principal: _______________________
Date: ________________

Witness Information

Witness 1: _______________________
Witness 2: _______________________

Each witness must sign below at the same time the Principal signs this document:

Signature of Witness 1: _______________________
Date: ________________

Signature of Witness 2: _______________________
Date: ________________

Notarization

This document should be notarized to be legally valid. A Notary Public must sign below:

Signature of Notary Public: _______________________
My commission expires: ________________

Delaware Durable Power of Attorney: Usage Guide

Filling out the Delaware Durable Power of Attorney form is an important step in ensuring that your financial and legal matters are handled according to your wishes. Once you have completed the form, it will need to be signed and witnessed to be valid. Below are the steps to guide you through the process of filling out the form effectively.

  1. Begin by downloading the Delaware Durable Power of Attorney form from a reliable source.
  2. Review the form carefully to familiarize yourself with its sections and requirements.
  3. In the first section, provide your full name and address. This identifies you as the principal.
  4. Next, designate an agent by filling in their name and address. This person will act on your behalf.
  5. Decide if you want to include alternate agents. If so, list their names and addresses as well.
  6. In the subsequent sections, indicate the specific powers you wish to grant your agent. Be clear and thorough.
  7. Consider adding any limitations or specific instructions regarding the powers granted.
  8. Review the form to ensure all information is accurate and complete.
  9. Once satisfied, sign and date the form in the designated area.
  10. Have the form witnessed by at least one individual who is not related to you and who is not named as your agent.
  11. If required, have the document notarized to enhance its legal validity.

After completing these steps, your Durable Power of Attorney form will be ready for use. Ensure that your agent receives a copy, and keep a copy for your records. This will facilitate smooth management of your affairs when necessary.

Documents used along the form

A Delaware Durable Power of Attorney form allows individuals to appoint someone to make decisions on their behalf, particularly in financial matters. This document is often used alongside other important legal forms to ensure comprehensive planning and protection of an individual's interests. Below are several forms that are frequently associated with the Durable Power of Attorney.

  • Advance Healthcare Directive: This document outlines an individual's preferences regarding medical treatment and healthcare decisions in case they become unable to communicate their wishes. It can include instructions about life-sustaining treatments and appoints a healthcare proxy to make decisions on the individual's behalf.
  • California Dog Bill of Sale Form: To ensure the proper transfer of canine ownership, include the comprehensive Dog Bill of Sale form resources in your documentation process.
  • Living Will: A living will specifies the types of medical treatment an individual wishes to receive or avoid in end-of-life situations. It serves to guide healthcare providers and family members about the individual's desires when they are unable to express them.
  • HIPAA Authorization: This form allows individuals to authorize healthcare providers to share their medical information with designated persons. It is essential for ensuring that family members or caregivers can access necessary medical records and make informed decisions regarding care.
  • Last Will and Testament: This document outlines how an individual's assets should be distributed after their death. It designates beneficiaries and can name an executor to manage the estate, ensuring that the individual's final wishes are honored.

Using these documents together with a Delaware Durable Power of Attorney can provide a more complete plan for managing both healthcare and financial decisions. It is advisable to review these forms regularly and ensure they reflect current wishes and circumstances.

Key takeaways

  • A Delaware Durable Power of Attorney allows you to appoint someone to make decisions on your behalf.
  • This document remains effective even if you become incapacitated.
  • Choose your agent carefully. They should be trustworthy and capable of handling your affairs.
  • It’s important to specify the powers you are granting to your agent.
  • Consider discussing your wishes with your agent before completing the form.
  • The form must be signed in front of a notary public to be valid.
  • Make copies of the completed form for your records and for your agent.
  • Review the document periodically to ensure it still reflects your wishes.
  • In Delaware, the Durable Power of Attorney can be revoked at any time as long as you are competent.
  • Be aware of any state-specific requirements that may apply to your situation.

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Delaware Small Estate Affidavit - Heirs may need to present additional documentation, such as death certificates, alongside the affidavit.

Form Properties

Fact Name Description
Definition A Delaware Durable Power of Attorney allows an individual to appoint someone to make decisions on their behalf, even if they become incapacitated.
Governing Law The Delaware Durable Power of Attorney is governed by Title 12, Chapter 49 of the Delaware Code.
Durability This form remains effective even if the principal becomes incapacitated, which distinguishes it from a regular power of attorney.
Principal The person who creates the power of attorney is referred to as the principal.
Agent The individual designated to act on behalf of the principal is known as the agent or attorney-in-fact.
Signing Requirements The form must be signed by the principal and acknowledged before a notary public or signed in the presence of two witnesses.
Revocation The principal can revoke the Durable Power of Attorney at any time, as long as they are competent to do so.
Scope of Authority The form can grant broad or limited powers to the agent, depending on the principal's wishes.
Healthcare Decisions This form does not cover healthcare decisions; a separate advance healthcare directive is needed for that purpose.
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