A Suffolk New York Revocation of Statutory Power of Attorney is a legal document that invalidates a previously granted power of attorney (POA) in the state of New York. This revocation form allows the principal (the person who granted the initial POA) to terminate the authority of their agent (the person appointed to act on their behalf) to make decisions and handle their affairs. In Suffolk County, New York, there are different types of revocation of statutory power of attorney options available to individuals based on their specific needs and circumstances: 1. General Revocation: A general revocation of statutory power of attorney is a comprehensive document that cancels all powers granted to the agent under the original power of attorney. It is a complete and total revocation, nullifying the authority of the agent, and effectively terminates their ability to act on behalf of the principal. 2. Limited Revocation: A limited revocation of statutory power of attorney is a more specific document that revokes only certain powers granted to the agent. The principal can identify the particular powers they wish to revoke while keeping other powers intact. This type of revocation is often used when the principal wants to limit the agent's authority in specific areas or circumstances. 3. Temporary Revocation: Temporary revocation of statutory power of attorney provides a time-limited cancellation of the agent's authority. This can be useful when the principal wants to temporarily suspend the agent's powers for a specific period, such as during a vacation or a particular event. The temporary revocation can be automatically lifted after the designated time period or as specified by the revocation document. 4. Conditional Revocation: A conditional revocation of statutory power of attorney is a revocation that only takes effect upon the occurrence of specified conditions. The principal can outline certain trigger events or circumstances that will activate the revocation, allowing them to maintain the agent's authority until those conditions are met. It is important to note that revoking a power of attorney does not automatically terminate or invalidate any transactions or actions performed by the agent before the revocation. Thus, notifying relevant parties and individuals about the revocation is essential to ensure its effectiveness. When drafting a Suffolk New York Revocation of Statutory Power of Attorney, it is recommended to consult an attorney experienced in estate planning and power of attorney matters to ensure compliance with state laws and specific requirements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.