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Michigan Revocation of General Durable Power of Attorney

Michigan Revocation Power Attorney

Name: Michigan Revocation of General Durable Power of Attorney
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.79 (492 reviews)

Category:

Michigan Power of Attorney - Healthcare - Revocations

State:

Michigan

Control #:

MI-P003B

Format:

Instant download

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Description Durable Power Attorney

This is a Revocation of the General, Durable Power of Attorney provided for in Forms MI-P003 and MI-P003A, which allow you to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you.

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FAQ

After you make a power of attorney, you can revoke it at any time, as long as you are of sound mind. But to make the revocation legally effective, you must carefully follow all the procedures set out in this section.

A Power of Attorney shall not be deemed to be an irrevocable one merely because it states, in the clauses of the deed executed for grant of such Power of Attorney, of it being irrevocable. Such Power of Attorney may be revoked by the principal or the Power of Attorney holder by the procedure according to law.

Revoke Your Current Power of Attorney. To change or cancel your current power of attorney, you should complete a formal, written revocation. Notify Your Power of Attorney. Once you complete your revocation, notify your agent of the cancellation in writing. Notify Relevant Third Parties. Execute a New Power of Attorney.

As principal, you can revoke a power of attorney at any time as long as you have capacity. It's best to revoke in writing, but most states also allow you to revoke by another action that expresses your intent to terminate the power of attorney -- for example, your intentional destruction of the document.

Draft a deed of Revocation of the PoA. A notice of revocation of the PoA should be put in a local or national newspaper such that persons with whom the PoA has been interacting with on behalf of the authorising person is informed about the revocation.

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.

Until an attorney-in-fact's powers are properly revoked, they can continue to legally act for the principal. To cancel a Power of Attorney, the principal can create a document called a Revocation of Power of Attorney or create a new Power of Attorney that indicates the previous Power of Attorney is revoked.

Michigan Revocation Power Attorney

Description Durable Power Attorney

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FAQ

When can power of attorney can be revoked?

Can general power of attorney be revoked?

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Can a durable power of attorney be terminated at any time?

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