Durable Power of Attorney Form - Delaware

A Durable Power of Attorney form in Delaware is a legal document used to appoint someone to make financial and legal decisions on your behalf if you become unable to do so yourself. It allows a trusted person, called an agent or attorney-in-fact, to handle your affairs and make decisions in your best interest.

In Delaware, the individual who wants to establish a durable power of attorney must file the form.

FAQ

Q: What is a durable power of attorney?
A: A durable power of attorney is a legal document that allows you to appoint someone to make financial and legal decisions on your behalf if you become incapacitated.

Q: Why would I need a durable power of attorney?
A: Having a durable power of attorney ensures that someone you trust can manage your affairs if you are unable to do so yourself.

Q: What decisions can the person with durable power of attorney make?
A: The person with durable power of attorney can make financial decisions, manage investments, pay bills, file taxes, and handle legal matters on your behalf.

Q: Do I need a lawyer to create a durable power of attorney?
A: While it's not required, it's recommended to consult with a lawyer to ensure that the document is properly drafted and meets your specific needs.

Q: Can I revoke a durable power of attorney?
A: Yes, you can revoke a durable power of attorney at any time, as long as you are still mentally competent to do so.

Q: Can I have more than one person with durable power of attorney?
A: Yes, you can appoint multiple people to be your agents with durable power of attorney, and you can specify whether they can act separately or together.

Q: Can a durable power of attorney be used for healthcare decisions?
A: No, a durable power of attorney specifically for healthcare decisions is called a healthcare proxy or medical power of attorney.

Q: Is a durable power of attorney valid in other states?
A: Generally, a durable power of attorney created in one state is valid in another state, but it's advisable to consult with a lawyer to ensure compliance with state laws.