Alabama Power Of Attorney Form Withdrawal
Description
How to fill out Alabama Revocation Of General Durable Power Of Attorney?
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FAQ
Verbal revocation: As long as you are of sound mind, you can revoke someone's POA privileges simply by telling them out loud and in front of witnesses that you no longer wish for them to retain power of attorney privileges over your property and/or affairs. It's that simple.
There are three ways to revoke a power of attorney: by preparing a written revocation letter; by destroying all existing copies of your power of attorney; and by creating a new power of attorney document that supersedes the old one.
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.
Section 202 of the Act states that if the agent in a principal-agent relationship has an interest in the agency then, the power of attorney cannot be revoked without the consent of the agent.
You can revoke a power of attorney by executing a written revocation signed and dated by yourself or another at your direction, or obliterating, burning, tearing, or otherwise destroying or defacing the document in a way indicating your intention to cancel the document.
