Power of Attorney, Revoking
A principal may revoke, or
cancel, a
power of attorney at any
time and for any reason. This may be done by informing the
agent that the document is being
revoked and destroying all original and any copies of the document.
The principal must also inform any other person or
entity who could reasonably rely on the power of attorney, such as a
bank that has become accustomed to allowing the agent sign for the
principal's accounts.
If the power of attorney has been recorded with any government office, a
notice of revocation should also be filed with that office.
A power of attorney is also automatically
revoked upon the principal's death. This is also true with a durable power of
attorney.
Note that creating a new power of attorney does not revoke any earlier power of
attorney without a statement of intent to revoke. A principal may have
multiple, separate Powers of Attorney for separate agents, granting each
agent with the same or different powers.
See: Powers, Scope;
Powers, Duration of Effect;
Power of Attorney, Delivery
