Oklahoma City Oklahoma Revocation of Statutory General Power of Attorney

State:
Oklahoma
City:
Oklahoma City
Control #:
OK-P010B
Format:
Word; 
Rich Text
Instant download

Description

This form is a revocation of the general power of attorney provided in Form OK-P010, which allows you to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, business, insurance and other matters for you. This form must be signed and notarized.

How to fill out Oklahoma Revocation Of Statutory General Power Of Attorney?

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FAQ

You can revoke a power of attorney by giving written notice to your agent and to some one in charge at any place where you expect the agent would try to use the power. For example, you would want to give written notice to your banks.

Get a notarized document drafted for revocation of the Power of Attorney expressing clearly that you want to revoke the authority of the said person. Advertise the same in a local or national newspaper that the said person is no longer authorized by you, to act on your behalf.

An Oklahoma power of attorney revocation form can be executed to cancel any type of power of attorney document. The principal must complete the one-page document and have it notarized. Technically, the revocation is effective immediately.

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.

Process of Cancellation of Power of Attorney 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.

All a principal needs to do to revoke a power of attorney is send a letter to the agent notifying the agent that his or her appointment has been revoked. From the moment the agent receives a revocation letter, he or she can no longer act under the power of attorney.

Revocation Letter means the letter issued by the IRS to the organization providing notice that the organiza- tion's exempt status is revoked for failing to file an Annual Return or notice for three consecutive years on or before the date set by the Secretary for the filing such third Annual Re- turn or notice.

You can revoke (cancel) your power of attorney document at any time with a written notice to your agent. A sample ?Notice of Revocation? is included in this packet.

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Oklahoma City Oklahoma Revocation of Statutory General Power of Attorney