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Details
- REVOCATION OF THE POWER OF ATTORNEY
Description
Revocation of Power of Attorney
This is a "Readymade Format for Revocation of Power of Attorney ".
Legally required caluses are already in agreement Format in addition to, if is required, then you can add or remove the conditions.
A Revocation of Power of Attorney (POA) is a legal document that is used to cancel or terminate a previously executed Power of Attorney. A Power of Attorney is a legal document that gives another person (the attorney-in-fact) the authority to act on your behalf in legal or financial matters.
A Revocation of Power of Attorney is executed by the person who granted the POA (the principal) and it typically states that the principal is revoking the authority previously granted to the attorney-in-fact. It is important to note that the revocation must be in writing and it is usually required to be notarized.
There are several reasons why a person may choose to revoke a Power of Attorney, such as:
- The attorney-in-fact is no longer trustworthy or capable of handling the principal's affairs
- The principal has recovered from an illness or injury and is now able to handle their own affairs
- The principal's relationship with the attorney-in-fact has ended and they no longer wish to give the attorney-in-fact the authority to act on their behalf
- The principal wants to make changes to the POA and appoint a different attorney-in-fact
It's important to revoke the POA as soon as possible when the principal no longer wants the attorney-in-fact to act on their behalf, to avoid any confusion or misunderstandings, and to prevent the Power of Attorney from making decisions or taking actions on the principal's behalf.
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