Before you sign a contract, what do you do? You read it, right? And, that also applies when it comes to making agreements such as a power of attorney. It’s essential to be sure of what you state in it, especially since it will be your welfare that you must protect. However, what should you do if you changed your mind, or if your chosen agent is no longer in the same country and state where you are? Well, you have to revoke the power you gave to your agent, and you can do that by creating and using a revoke power of attorney.
Revoke Power of Attorney: Definition and Significance
When you decide to make use of a revoke power of attorney, it means that you are going to halt and stop your agent from executing on your behalf. So, basically, this type of document is a contract termination for your agent. But, why is it essential to have a revoke power of attorney instead of merely voicing out that your agent will no longer be your authorized representative?
Firstly, a power of attorney is a legal form that will allow an agent to make transactions and decisions for the benefit of the grantor of the power. However, the rights of the agent will vary depending on the type of power the grantor allows and the specific power of attorney signed for a particular duration. For instance, if it’s a financial power of attorney, then it would mean that the agent has the right to make financial decisions for the grantor. It may include decisions for the grantor’s bank accounts, properties, and insurance policies. That’s why if the grantor wants to cancel and terminate the agent’s power, a written document is a necessity. Without a written and signed revoke power of attorney, the agent will still be able to transact, and even possible abuse his rights and power.
Common Grounds for Using Revoke Power of Attorneys
The many reasons why grantors use revoke power of attorneys vary on the situation and the people involved. Most often, the POA or power of attorney will end in a revocation due to the agent’s inability and death. Also, if the grantor decides that he wants to change the rights and type of power he will give to the agent, then he can opt to revoke the POA. On the one hand, divorce and marital separation can also be a reason for the revocation.
10+ Revoke Power of Attorney Form Samples
Any task or action that involves legal matters can be difficult and daunting to accomplish, especially those related to terminating a POA. But, luckily, we have here some example templates for revoke power of attorney forms that you can use. Now, you will worry less about the format or contents, and you can focus on providing all the necessary details for the revocation. Just scroll below to view and download our samples:
1. Revocation of General Power of Attorney Form Sample
2. Revocation of Power of Attorney Form Template
3. Power of Attorney Revocation Form Sample
4. Uniform Statutory Form Power of Attorney Template
5. Basic Power of Attorney Revocation Form Template
6. Power of Attorney and Declaration of Representation Form
7. Revocation of Power of Attorney Form in PDF
8. General Power of Attorney Form
9. Printable Revocation of Power of Attorney Form Sample
10. Limited Power of Attorney for Child Care Form in DOC
11. Medical Power of Attorney Form in DOC
Tips and Tricks in Using Revoke Power of Attorneys
Anyone can write a revoke power of attorney. But, not everyone knows what must be in it, or what to do for it to be an effective revocation document. Well, for that, you can read on the enlisted tips an tricks below to help you use or make a revoke power of attorney with ease:
Tip #1: Know the Basics
Every document, be it a legal one to use in the court, or something to present to an interviewer, has its own basics. And, for a revoke power of attorney, the basics would be the names of the involved parties, and the purpose of the document itself. Along with that are the execution and revocation dates of the POA, and the inclusions and important notes.
Tip #2: Choose a File Format that You Can Benefit From
There are lots of different file formats available in today’s technologically advanced generation. Some of the most common file formats to choose from include PDF and DOC. And the best part of using these two is, you can convert them interchangeable, such as PDF to DOC, or DOC to PDF whenever you please. Simply use a converter online or application program, then you’ll have your own blank POA and revocation in two formats!
Tip #3: Always Review Before Printing Out
Mistakes are never welcome in any document, regardless if it’s intended to revoke a general power of attorney or a durable power of attorney. So, before you hit that print button to have a physical copy of your revoke power of attorney, you must first check each statement and every detail. After doing that, you can let your lawyer review the contents, then print it out once you two are satisfied with it.
Revoke Power of Attorney FAQs
Can a grantor simply destroy the POA instead of making and using a revoke power of attorney?
Yes, a signed POA can be destroyed; however, the grantor must ensure that there hasn’t yet any copy or duplicate given to anyone, including the agent. And, if there had already been a copy distributed to other parties, then destroying the grantor’s copy will not be beneficial.
Is there another option for revoking POAs?
Yes, there is another way to revoke a POA. If writing or using a revoke power of attorney is not the choice that the grantor prefers, then making a new POA can a good option. But, it must indicate the termination of all previous POAs signed by the grantor and the other involved parties.
Revoke power of attorney forms are essential, not only for the grantor but for the others involved and the agent as well. It serves as the best proof of a contract and rights which are to be terminated. And, with our sample forms and templates which are all downloadable and editable, anyone can now have their own revoke POA with less hassle.
8+ Special Power of Attorney Form
6+ Sample Durable Power of Attorney Form
7+ Durable Power of Attorney Forms
9+ Sample Power of Attorney Form
7+ Simple Power of Attorney Form
8+ Limited Power of Attorney Form
8+ Sample General Power of Attorney Form
9+ Sample Medical Power of Attorney Forms
9+ Sample Financial Power of Attorney Form
9 Sample Durable Power of Attorney Form
6+ General Power of Attorney Forms
6+ Sample General Power of Attorney Form
8+ Sample Medical Power of Attorney Form
14+ Sample Medical Power of Attorney Form
7+ Sample Medical Power of Attorney Form