Revoking a Power of Attorney

The process of revoking a power of attorney is simply a matter of filling out another form. You need to state in writing that you are canceling the powers you previously granted.

Anytime you are no longer using a power of attorney it is a good idea to revoke it in writing. Powers of attorney can be powerful documents and revoking them, when no longer needed, is a good way of protecting yourself.

A power of attorney can be revoked at any time, for any reason. After the revoking a power of attorney form has been notarized, send, or give, a copy to the person holding the power of attorney and ask for their paperwork back in return. Once a power of attorney has been revoked it cannot be legally used, but that does not mean it would not be accepted if someone were to try. Getting back the original power of attorney form is an important part of the process.

If you suspect there could be any problems with the agent continuing to use the POA, you should send a copy of the revocation document to places where they could cause the most damage -- like your bank or mutual fund, etc.

It is advised that the proper form be used when revoking a power of attorney. These forms, as well as many other legal documents, are available at Legal Zoom. You may choose to have your estate planning attorney handle this for you, and that's fine also, as long as it gets done.

Getting a divorce is one of those times when you might need to revoke a power of attorney. If you have durable powers of attorney in your estate plan, with your spouse as the agent, then you should revoke them. Some states void these powers of attorney automatically, but many do not. When it is automatic, it is done at the time the divorce is final. These documents should be revoked at the time of filing for a divorce, just to be on the safe side. Sometimes, the emotions caused by a separation, account for a lot of strange behavior. Safeguarding all of your property and investments until the divorce is final, and property legally split, is very important.

Maybe you left several powers of attorney behind the last time you left the country on vacation. When you are back home safely, and no longer need these documents, it is a good idea to revoke them. Revoking a power of attorney is easy and is just one of those things that needs to be taken care of.

Alabama Power Of Attorney | Alaska Power Of Attorney | Arizona Power Of Attorney | Arkansas Power Of Attorney | California Power Of Attorney | Colorado Power Of Attorney | Connecticut Power Of Attorney | Delaware Power Of Attorney | Florida Power Of Attorney | Georgia Power Of Attorney | Hawaii Power Of Attorney | Idaho Power Of Attorney | Illinois Power Of Attorney | Indiana Power Of Attorney | Iowa Power Of Attorney | Kansas Power Of Attorney | Kentucky Power Of Attorney | Louisiana Power Of Attorney | Maine Power Of Attorney | Maryland Power Of Attorney | Massachusetts Power Of Attorney | Michigan Power Of Attorney | Minnesota Power Of Attorney | Mississippi Power Of Attorney | Missouri Power Of Attorney | Montana Power Of Attorney | Nebraska Power Of Attorney | Nevada Power Of Attorney | New Hampshire Power Of Attorney | New Mexico Power Of Attorney | New Jersey Power Of Attorney | New York Power Of Attorney | North-carolina Power Of Attorney | North-dakota Power Of Attorney | Ohio-power Of Attorney | Oklahoma-power Power Of Attorney | Oregon-power Of Attorney | Pennsylvania Power Of Attorney | Rhode-island Power Of Attorney | South-carolina Power Of Attorney | South-dakota Power Of Attorney | Tennessee-power Power Of Attorney | Texas Power Of Attorney | Utah Power Of Attorney | Vermont Power Of Attorney | Virginia Power Of Attorney | Washington Power Of Attorney | West-virginia Power Of Attorney | Wisconsin Power Of Attorney | Wyoming Power Of Attorney | Canada Power Of Attorney | Joint Power Of Attorney | Military Power Of Attorney |

From Revoking Power Of Attorney to What is a Power of Attorney? | Estate Planning Blog | Basics of Estate Planning | Selecting a Financial Planner | Estate Planning and Taxes | Is This Good Time to Buy a House? | Incorporate My Business | Best Low Cost Investment | Fringe Benefit Plans | Estate Planning and Charitable Giving | Health Insurance Comparisons | Best Medicare Supplement Plan | Medicaid Questions | Retirement and Estate Planning | Current Estate Planning News | Estate Planning Forum | Living will in estate planning | Estate Planning Blogs | Estate Planning Books | Choosing an Estate Planning Attorney | Find a Probate Attorney | Estate Planning Questions |