This is a Revocation of the General, Durable Power of Attorney provided for in Forms ME-P003 and ME-P003A, which allow you to appoint an attorney-in-fact (agent) to make decisions regarding property, financial, management, banking, business and other matters for you. Specific reference is made to the previously executed power of attorney and the date of its execution.
Maine Revocation of General Durable Power of Attorney
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How to fill out Maine Revocation Of General Durable Power Of Attorney?
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FAQ
Firstly, only a POA which is of a revocable nature can be cancelled after it has only been duly notarized by issuing a notice or a letter of revocation to the respective Attorney.
Revoke Your Current Power of Attorney. To change or cancel your current power of attorney, you should complete a formal, written revocation. Notify Your Power of Attorney. Once you complete your revocation, notify your agent of the cancellation in writing. Notify Relevant Third Parties. Execute a New Power of Attorney.
As principal, you can revoke a power of attorney at any time as long as you have capacity. It's best to revoke in writing, but most states also allow you to revoke by another action that expresses your intent to terminate the power of attorney -- for example, your intentional destruction of the document.
If you decide that you want to cancel / revoke a PoA that is registered with us, you will need to tell us. A PoA can only be cancelled / revoked by you, the granter, if you are capable of making and understanding this decision.
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.
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.
A Power of Attorney shall not be deemed to be an irrevocable one merely because it states, in the clauses of the deed executed for grant of such Power of Attorney, of it being irrevocable. Such Power of Attorney may be revoked by the principal or the Power of Attorney holder by the procedure according to law.
A principal can revoke the power of attorney while he or she is still mentally competent. A principal can complete a formal written document requesting the revocation of a power of attorney at any time, for any reason, while he or she is still competent. The principal must sign and notarize the revocation request.
