Nov
Delaware Durable Power of Attorney Effective Immediately
Delaware Durable Power of Attorney Effective Immediately
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Durable Power of Attorney (Effective Immediately) – Allows an individual (called the “Principal” or “Grantor”) to authorize someone else (called the “Attorney-in-fact” or “Agent”) to act on his or her behalf. This Durable Power of Attorney document becomes effective immediately upon signing and stays in effect even if the Principal later becomes incapacitated or disabled.
This particular Form becomes effective immediately and remains in full force and effect even if the Principal (i.e. the Grantor) later becomes incapacitated.
This packet includes:
(1) Instructions & Checklist for Durable Power of Attorney Effective Immediately
(2) Information for Durable Power of Attorney Effective Immediately
(3) Durable Power of Attorney Effective Immediately
State Law Compliance: Designed for use in Delaware.
Among others, this form includes the following provisions:
Principal’s and Agent’s name and address
Power to enter binding contracts on Principal’s behalf
Power to maintain, manage, and insure Principal’s property (including rental properties, businesses, bank accounts)
Power to make gifts and charitable contributions of Principal’s property
Witness signatures
Notary acknowledgment
