For Delaware residents, a Delaware Limited Power of Attorney Form can be used to present explicit, restricted powers to a trusted individual (agent) in order for the agent to act in the best interests of the principal (the individual giving out the powers). The agent represents the principal and has the authority to make certain decisions that are permitted by the document which should be carefully considered and specific. It is crucial that the principal ensures that they selected a trustworthy agent.
The legal requirement for this form to a legally binding document states that the signing of the document should be witnessed by a notary public and one witness. The witness must be an adult and should not be related to in any way to the principal.
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