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Delaware Limited Power of Attorney Form


Delaware Limited Power of Attorney Form
Delaware Limited Power of Attorney Form
DELAWARE
LIMITED POWER OF ATTORNEY FORM
I. NOTICE - This legal document grants you (Hereinafter referred to as the
“Principal”) the right to transfer limited financial powers to someone else
(Hereinafter referred to as the “Attorney-in-Fact”), limited financial powers
are described as: any specific financial act legal under law. The Principal’s
transfer of limited financial powers to the Attorney-in-Fact are granted upon
authorization of this agreement, and ONLY remains in effect until the
completion of said act, unless the Principal becomes incapacitated
(incapacitation is described in Paragraph II). This agreement does not authorize
the Attorney-in-Fact to make medical decisions for the Principal. The Principal
continues to retain every right to all their financial decision making power and
may revoke this Limited Power of Attorney Form at anytime. The Principal
may include restrictions or requests pertaining to the financial decision making
power of the Attorney-in-Fact. It is the intent of the Attorney-in-Fact to act in
the Principal’s wishes put forth, or, to make financial decisions that fit the
Principal’s best interest. All parties authorizing this agreement must be at least
18 years of age and acting under no false pressures or outside influences. Upon
authorization of this Limited Power of Attorney Form, it will revoke any
previously valid Limited Power of Attorney Form.
II. INCAPACITATIONThe powers granted to the Attorney-in-Fact by the
Principal in this Limited Power of Attorney Form DO NOT stay in effect upon
incapacitation by the Principal, incapacitation is describes as: A medical
physician stating verbally or in writing that the Principal can no longer make
decisions for them self.
III. REVOCATION - The Principal has the right to revoke this Limited Power of
Attorney Form at anytime. Any revocation will be effective if the Principal:
A. Authorizes a new Limited Power of Attorney Form.
B. Authorizes a Power of Attorney Revocation Form.
IV. WITNESS & NOTARY - This document is not valid as a Limited Power of
Attorney unless it is acknowledged before a notary public or is signed by at
least two adult witnesses who are present when the Principal signs or
acknowledges the Principal’s signature. It is recommended to have this
Limited Power of Attorney Form notarized.
Delaware Limited Power of Attorney Form
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