Durable Personal Power of Attorney (Delaware)

This legal template refers to a document that establishes a Durable Personal Power of Attorney (POA) in the state of Delaware, in accordance with the laws of the United States. A Durable Personal POA is a type of legal arrangement where an individual, referred to as the principal, designates another person, known as the attorney-in-fact or agent, to manage their personal affairs and make decisions on their behalf. This template offers a standardized format and provisions for creating a legally binding agreement that grants the agent the authority to act on behalf of the principal, even in circumstances where the principal becomes incapacitated or unable to make decisions for themselves. The template may include clauses specifying the extent of the agent's powers, the scope of their authority, and any limitations or restrictions that may apply. It may also cover matters related to the agent's compensation, accountability, and the termination or revocation of the POA. Ultimately, this legal template serves as a comprehensive and compliant resource for individuals in Delaware who wish to establish a durable personal power of attorney arrangement to ensure their personal affairs are effectively managed when they are unable to do so themselves.