Delaware Power of Attorney Templates
The Delaware power of attorney document grants someone control over another person’s business, health care, parental responsibilities, and finances if they cannot handle these affairs themselves.
The person granting permission (also called the grantor, principal, or donor) provides a power of attorney form Delaware to a trusted individual (the attorney-in-fact or agent), with each serving different purposes.
These forms require extensive consideration and review to guarantee that both parties understand their responsibilities and rights upon completing the agreement. The involved persons must ensure that they lie within Delaware power of attorney laws as well.
Delaware Durable Power of Attorney
Durable, or statutory, power of attorney Delaware is the most extensive version. It continues once the grantor becomes incapable of decision-making.
Since they have complete control, they will handle difficult decisions. You will want to enlist a trustworthy, intelligent, and capable agent since they can impact your medical care, parental responsibilities, and finances.
You will need one witness and a notary public to sign.
Delaware General Power of Attorney
A general power of attorney gives the attorney-in-fact control over the donor’s financial matters. The agent has the legal right to handle financial affairs on the grantor’s behalf while they are capable of making decisions.
Once the grantor becomes incapacitated or dies, the general power of attorney becomes null and void. This difference separates it from durable forms. However, you still need one witness and a notary public to sign.
Delaware Limited Power of Attorney
Limited power of attorney means the agent has clearly defined powers over specific aspects. For instance, the agent can make medical decisions but cannot sell the grantor’s business. If the principal dies or becomes incapacitated, the agent loses authority.
You will need one witness and a notary public to sign.
Delaware Medical Power of Attorney
A medical power of attorney is also called an advanced healthcare directive. This form gives the agent the ability to make healthcare decisions for the grantor when they cannot make them alone.
Terminally ill patients, high-risk workers, and elderly individuals often sign medical POA forms. You will need two witnesses to sign.
Delaware Minor (Child) Power of Attorney
This power of attorney lets a parent grant someone temporary guardian responsibilities if they are absent during a medical emergency. Parents sign them when they leave the country for some time.
You will need a notary public and one witness to sign.
Frequently Asked Questions
Below are some common questions about Delaware power of attorney.