Revocation of Power of Attorney Form: Free Download, Create, Edit

Basic Information of Revocation of Power of Attorney Form

File Type:

.pdf

Size:

211KB/153KB/149KB

Formal name:

Revocation of Power of Attorney Form

Alias name:

Revocation of Power of Attorney Forms, Revocation of Power of Attorney format, Revocation of Power of Attorney sample

Category:

Power of Attorney Form

Who are appliable:

A person who is revoking the power they gave to another person or organization to act on their behalf.

For situations like:

When a person is no longer interested with the existing power of attorney and wish to assign it to someone else or in situations where the person is incapacitated and cannot make decisions.

Who it goes to:

The document is expected to be notarized and signed of which a copy goes to the person or organization that initially had the power.

Tips for Filling the Template

The following steps will guide you on how to create a revocation of power of attorney.

1. Learn Who Can Revoke Power of Attorney

Power of attorney cannot just be revoked by anybody. For example, you cannot revoke a power of attorney created by someone even if they person is your sibling. The person for whom the power of attorney covers is known as the principal. In this case, it is only the principal who can revoke the power of attorney while he or she is mentally competent to do so.

2. Decide on the Route of Revocation

There are many options to this. Revocation of power of attorney can be done by the person just ending the whole process and deciding not to proceed further in granting a new one. It can also be done in such a way that the person revokes the current power of attorney with the view of executing a new one with different terms or choosing another agent all together. Although revocation of the power of attorney on both routes is slightly different, we are more concerned with a total revocation at this point.

3. Learn Your State’s Procedure:

This is very important because each state may have a slightly different procedure for revoking power of attorney. It is advisable to check specific laws pertaining to states in this regard before proceeding. For example, in some states, the revocation of power of attorney can be as simple as the principal informing the agent of the revocation and then making sure that all copies of power of attorney have been destroyed. However, some states could be different. For example, some states could demand the power of attorney revocation document be signed in the presence of a notary.

4. Create the Document

Create the document to include the required basic information on the form. The information should include the principal and the agent’s lawful name and address, the effective date of the revocation and the signatures of the parties involved.

What is Revocation of Power of Attorney

Any important document must be put in writing and this is the same for the revocation of power of attorney. Filling the revocation of power of attorney form gives you the authority to rescind or cancel an initial authority granted to a person or organization to act on your behalf. With this, you can change agent or organization or simply go on without any. In all, the revocation of power of attorney document can help you in updating to your current needs.

Revocation of Power of Attorney Format

The revocation of power of attorney is a legal form and as such should contain some very basic information. It should contain the person’s name and address and also the name and address of the person who will have their power of attorney revoked. The date the revocation will go into effect should be included. Note that it is not ideal to list reasons why the revocation is taking place. The person that granted it is at liberty to revoke it at any time without questions. Notarizing the revocation of power of attorney document is good but not always compulsory.

More tips about Revocation of Power of Attorney

1. Ensure that the signed revoked power of attorney documents is sent to any third party involved such as banks , physicians as may be required. This is applicable if the power of attorney has been initially sent to the third parties. Therefore, it is important to send the revoked document to enable them act accordingly.

2. If the revocation of power of attorney is sent to a third party through mail, note that it will not be recognized until it is received. Therefore, ensure that you have a proof of your agent’s knowledge about revocation before it is being sent to ensure that the agent does not act contrarily before it reaches the third party.