Iowa Revocation of Power of Attorney for a Recorded Power of Attorney
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How to fill out Revocation Of Power Of Attorney For A Recorded Power Of Attorney?
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FAQ
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
If your agent will handle real estate transactions, the Power of Attorney will need to be acknowledged by a notary and filed or recorded with the county.
If you have an existing power of attorney form and you need to make changes, you should revoke your current document first. You can do that by using a revocation of power of attorney. Then, simply create a new Power of Attorney that includes the updates you want to make.
A competent principal can revoke a POA at any time.
A power of attorney may be revoked at any time. To make an effective revocation, the principal must communicate his/her intent to revoke. This communication may be oral or written. The communication should be made to the attorney-in- fact.
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)
