What is a power of attorney?
A power of attorney is a document that authorizes someone you choose, called your agent, to handle financial and legal matters on your behalf. You decide how much authority to give and when it applies.
Durable or non-durable?
A durable power of attorney stays in effect even if you later become incapacitated, which is exactly when many families need it most. A non-durable power ends if you lose capacity.
What can the agent do?
Within the scope you set, an agent can manage tasks such as paying bills, handling banking, and managing property. You stay in control of how broad or limited that authority is.
Delaware requirements
Delaware law sets specific formalities for a valid durable personal power of attorney, including signing and witnessing requirements. Getting these right is essential.
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Common questions
When does a power of attorney take effect?
It depends on how it is written. Some take effect immediately, while a springing power of attorney takes effect only upon incapacity.
Can I revoke a power of attorney?
Yes. As long as you have capacity, you can revoke or change your power of attorney.