Tucson Arizona Revocation of Power of Attorney

State:
Arizona
City:
Tucson
Control #:
AZ-POA-8
Format:
Word; 
Rich Text
Instant download

Description

This form is a notice of revocation of a power of attorney. The principal has chosen to revoke all powers given to the agent to act on his/her behalf. It is also in the principal's best interest to deliver the notice to all persons relying on the agent to act as the representative of the principal.


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FAQ

The principal can revoke a POA when there is gross mismanagement on the agent's part, the agent breaches the contract terms, or acts beyond his/her scope of powers. In such cases, even an irrevocable POA can be revoked by issuing a revocation notice.

You can end the agent's authority by revoking the authority in writing. All powers of attorney end upon your death. A power of attorney generally become effective when you sign the document. Oregon law also specifically allows powers of attorney that take effect at the time other than when signed.

There are three ways to revoke a power of attorney: by preparing a written revocation letter; by destroying all existing copies of your power of attorney; and by creating a new power of attorney document that supersedes the old one.

The revocation should include your name, a statement that you are of sound mind, and your wish to revoke the power of attorney. You should also specify the date the original power of attorney was executed and the person selected as your agent.

You may revoke a Power of Attorney at any time and for whatever reason you wish. You must do it in writing and give a copy of the Revocation form to any interested third party such as a bank or financial institution with whom you or your Agent have business.

You can revoke a power of attorney by giving written notice to your agent and to some one in charge at any place where you expect the agent would try to use the power. For example, you would want to give written notice to your banks.

Does a Power of Attorney have to be recorded? It does not have to be recorded immediately after you sign it. If your Agent has to handle a real estate transaction for you, the Power of Attorney will need to be recorded at the time of the transaction.

The principal can revoke a POA when there is gross mismanagement on the agent's part, the agent breaches the contract terms, or acts beyond his/her scope of powers. In such cases, even an irrevocable POA can be revoked by issuing a revocation notice.

The revocation should include your name, a statement that you are of sound mind, and your wish to revoke the power of attorney. You should also specify the date the original power of attorney was executed and the person selected as your agent.

You can revoke your Enduring Powers of Attorney at any time whilst you have mental capacity to do so. This revocation must be given to the Attorney/s in writing. We also recommend that you provide a copy of the revocation to your Bank for property matters, and your Doctor for care and welfare matters.

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Tucson Arizona Revocation of Power of Attorney