Delaware General (Financial) Power of Attorney Form

The Delaware General (Financial) Power of Attorney conveys authority relative to an individual’s finances and assets. Unlike the durable POA, it does not function after the principal becomes mentally (or physically) debilitated.

Last updated September 17th, 2024

Laws

Statutes – Title 12, Chapter 49A: Durable Personal Powers of Attorney Act (§ 49A-101 – § 49A-301)

Definition – “Power of Attorney” means a grant of authority to an agent to act in the place of the principal, whether or not the term power of attorney is used, authorizing the agent to convey rights in property of the principal to the agent or any other person (§ 49A-102(10)).

Signing Requirements – Valid notarization of the document must occur along with endorsement confirmation from one (1) witnessing party (§ 49A-105).

Revocation – § 49A-110