The Delaware Revocation of Power of Attorney is the standard procedure carried out when the principal of a former POA would like to end the terms of the arrangement. If a conveying party does wish to cancel the policies of a POA that was previously executed, they will need to provide the revocation with the following requirements:
- The category of POA being revoked (financial, medical, other).
- The title of POA being revoked.
- The date on which the original POA was accomplished.
- The parties involved (principal, agent, successor agent).
- The principal’s signature & date of revocation.
A notary public should witness the executor’s signature for verification reasons. Any individual who possesses a copy of the original POA should additionally be provided with a copy of the revocation document to ensure that they are aware of the nullification.
Laws
Statutes – Title 12, Chapter 49A: Durable Personal Powers of Attorney Act (§ 49A-101 – § 49A-301)
Definition – § 49A-110
Signing Requirements – It is advised to retain the services of a licensed notary to legally verify the dissolution of the original agreement.
Related Forms
Advance DirectiveDownload: Adobe PDF
Durable (Financial) Power of Attorney
Download: Adobe PDF, MS Word (.docx)