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Unless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you. Your agent is entitled to reasonable compensation unless you state otherwise in the Special Instructions.
A power of attorney is revoked upon the death of the principal, but it can also be revoked by giving notice to the attorney-in-fact. It is generally sound practice to have a written revocation drafted and given to the attorney-in-fact and any institutions that may have been given a copy of the power of attorney.
Steps for Making a Financial Power of Attorney in Hawaii Create the POA Using a Statutory Form, Software, or Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Land Records Office.
A Pennsylvania revocation of power of attorney form is a document that can be used to revoke a previously issued appointment of power of attorney. In addition to filling out this form, it is crucial that you provide a copy of the revocation to your agent and any backup agents that may wield the revoked powers.
A Hawaii power of attorney revocation is a form that allows a person who created a power of attorney in the past to revoke it. In order for this form to be effective, it must be filled out properly then given to the original agent and to any institution that may rely on the previously issued document.
A Revocation of Power of Attorney must plainly state your desire to revoke a previous POA and include: The principal's name. The attorney-in-fact's name. The date the Power of Attorney took effect. The date the Power of Attorney is revoked. A notary public seal of certification (only required in certain states)
As mentioned above, in Hawaii, you should have your POA notarized.