This form is used by a Principal to declare that all power and authority granted under a Power of Attorney, which was not recorded, to a specified individual as Agent and Attorney-in-Fact for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
Iowa Notice of Revocation of Power of Attorney for an Unrecorded Power of Attorney
Category:
State:
Multi-State
Control #:
US-OG-356
Format:
Word;
Rich Text
Instant download
Description
How to fill out Notice Of Revocation Of Power Of Attorney For An Unrecorded Power Of Attorney?
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FAQ
A Power Of Attorney Doesn't Address What Happens to Assets After Your Death. A power of attorney ends at your death, so it does not do anything to protect your wealth after you are gone or to facilitate the timely transfer of assets to loved ones.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
A Revocation of Power of Attorney must plainly state your desire to revoke a previous POA and include: The principal's name. The attorney-in-fact's name. The date the Power of Attorney took effect. The date the Power of Attorney is revoked. A notary public seal of certification (only required in certain states)
A competent principal can revoke a POA at any time. If the POA has been recorded, the document revoking the power of attorney also should be recorded. Under some circumstances, you may wish to provide a copy of your revocation to those with whom your agent had authority to transact on your behalf.
REVOCATION by Principal: I declare that all power and authority granted under said Power of Attorney is here by revoked and withdrawn, and Attorney in Fact no longer has the authority to act in my behalf in any matter.
