Queens New York Revocation of Statutory Power of Attorney

• Category: New York Power of Attorney - Healthcare - Revocations
• State: New York
• County: Queens
• Control #: NY-P012B
• Format: Word; Rich Text

Description

This form is a revocation of the statutory durable general power of attorney granted in Form NY-P012. In Queens, New York, revoking a statutory power of attorney involves a process to legally terminate the authority granted to an appointed agent. A power of attorney is a legal document that designates someone, referred to as the agent or attorney-in-fact, to act on behalf of the principal, who is the person granting the power. To begin the revocation process, it is important to understand the specific type of power of attorney that was initially established. In Queens, New York, there are several types: 1. General Power of Attorney: This grants an agent broad powers to act on behalf of the principal in various financial and legal matters. To revoke this type of power of attorney, a formal notice should be given to the agent, and any third parties that have been dealing with the agent should also be informed. 2. Durable Power of Attorney: Similar to a general power of attorney, a durable power of attorney remains in effect even if the principal becomes incapacitated. To terminate this type of power of attorney, a written revocation document should be prepared and signed, clearly stating the intent to revoke and delivered to the agent and any relevant institutions. 3. Limited Power of Attorney: This grants an agent specific powers for a particular purpose or duration. To revoke this type of power of attorney, a written revocation notice should be sent to the agent, along with copies to any relevant parties the agent had been dealing with. Regardless of the specific type of power of attorney, the revocation process typically involves drafting a revocation document, ideally with the assistance of an attorney, and ensuring it complies with the laws and requirements of Queens, New York. The revocation document must clearly state the desire to revoke the power of attorney and should be signed, dated, and notarized for validity. Once the revocation document is prepared, copies should be sent to the agent, any third parties that have been dealing with the agent, such as banks or financial institutions, and any other individuals who may need to be aware of the revocation. It is advisable to follow up with these parties to confirm the revocation has been acknowledged and implemented. It is crucial to note that revoking a power of attorney does not automatically indemnify the principal against the actions or decisions made by the agent prior to the revocation. Therefore, seeking legal counsel from an attorney specialized in estate planning or elder law is recommended to ensure proper protection and guidance throughout the revocation process.

In Queens, New York, revoking a statutory power of attorney involves a process to legally terminate the authority granted to an appointed agent. A power of attorney is a legal document that designates someone, referred to as the agent or attorney-in-fact, to act on behalf of the principal, who is the person granting the power. To begin the revocation process, it is important to understand the specific type of power of attorney that was initially established. In Queens, New York, there are several types: 1. General Power of Attorney: This grants an agent broad powers to act on behalf of the principal in various financial and legal matters. To revoke this type of power of attorney, a formal notice should be given to the agent, and any third parties that have been dealing with the agent should also be informed. 2. Durable Power of Attorney: Similar to a general power of attorney, a durable power of attorney remains in effect even if the principal becomes incapacitated. To terminate this type of power of attorney, a written revocation document should be prepared and signed, clearly stating the intent to revoke and delivered to the agent and any relevant institutions. 3. Limited Power of Attorney: This grants an agent specific powers for a particular purpose or duration. To revoke this type of power of attorney, a written revocation notice should be sent to the agent, along with copies to any relevant parties the agent had been dealing with. Regardless of the specific type of power of attorney, the revocation process typically involves drafting a revocation document, ideally with the assistance of an attorney, and ensuring it complies with the laws and requirements of Queens, New York. The revocation document must clearly state the desire to revoke the power of attorney and should be signed, dated, and notarized for validity. Once the revocation document is prepared, copies should be sent to the agent, any third parties that have been dealing with the agent, such as banks or financial institutions, and any other individuals who may need to be aware of the revocation. It is advisable to follow up with these parties to confirm the revocation has been acknowledged and implemented. It is crucial to note that revoking a power of attorney does not automatically indemnify the principal against the actions or decisions made by the agent prior to the revocation. Therefore, seeking legal counsel from an attorney specialized in estate planning or elder law is recommended to ensure proper protection and guidance throughout the revocation process.

Law summary