Raleigh North Carolina Revocation of Statutory General Power of Attorney

State:
North Carolina
City:
Raleigh
Control #:
NC-P010B
Format:
Word; 
Rich Text
Instant download

Description

This form is a revocation of the power and authority granted in the statutory short form of general power of attorney in Form NC-P010, which gives your attorney-in-fact (agent) the authority to make decisions regarding property, financial, business, insurance and other matters. This form must be signed and notarized.
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How to fill out North Carolina Revocation Of Statutory General Power Of Attorney?

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FAQ

A donor, with the mental capacity to act, can revoke a lasting power of attorney (LPA) by sending a revocation notice to the attorney(s) and the Office of the Public Guardian (OPG).

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.

The principal must draft a deed/notice of revocation of the PoA. The deed must mention the reason for which the POA is being revoked, the effective date of the revocation and the consequences of such an action.

As the person granting the power to your agent to make decisions for you, you can revoke your POA orally or in writing at any time. As long as you are of sound mind, you can remove or change your agent verbally. However, it is best to fill out a form for formal revocation of power of attorney.

If you want to revoke a previously executed power of attorney and do not want to name a new representative, you must write ?REVOKE? across the top of the first page with a current signature and date below this annotation.

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.

Your power of attorney isn't set in stone?you can revoke it at any time, and you don't need to give a reason. Because situations and relationships change, it's a good idea to review your financial and healthcare powers of attorney every few years, to make sure your estate planning stays up to date.

(g) A principal may revoke a power of attorney in one of the following manners: (1) If the power of attorney has been registered in an office of the register of deeds in this State, it shall be revoked by registration in that office by an instrument of revocation executed and acknowledged by the principal while the

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Raleigh North Carolina Revocation of Statutory General Power of Attorney