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While Maine does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Maine law, when you sign your POA in the presence of a notary public, your signature is presumed to be genuinemeaning your POA is more ironclad.
Section 202 of the Indian Contract Act is applicable to such situations which states that when an agent has an interest in the agency, then the same cannot be terminated without the consent of the agent.
A power of attorney must be notarized to be effective in Maine. As under prior law, powers of attorney in Maine must still contain specific language providing notice to the principal and notice to the agent warning both principal and agent of their obligations and liabilities under Maine law.
Change a power of attorneyYou must sign the amendment with a handwritten signature.You must sign and date the amendment and have the signing witnessed by two witnesses.You need only one witness if the witness is a notary public or a lawyer.The attorney must also sign the amendment in front of two witnesses.More items...
The answer is Yes. If you change your mind about the person you chose to make decisions for you under a durable power of attorney, you can change it.
Cancellation/Revocation of Power: In case the Executor/Principal finds that the Attorney has acted beyond the powers granted to him, or the purpose of the POA is over or the Attorney has died, turned insolvent or insane, the Executor/Principal may revoke the POA at his own will.
In the state of Maine, an agent may be authorized to manage finances and/or make health care decisions. This is known as the "Durable Power of Attorney" (DPOA) for finances. A DPOA for finances allows an agent to spend money on your behalf and manage your property.
If a person wants to authorise someone to act as a power of attorney on his behalf, it must be signed and notarised by a certified notary advocate, who is able to declare that you are competent at the time of signing the document to issue the said power of attorney.
In order to revoke a Power of Attorney, you can simply write or type a statement which includes the following:Name and date;You wish to revoke the Power of Attorney;Specify the date the original Power of Attorney was signed;Specify the person or persons named as your agent(s); and,Your signature.
The General Power of Attorney can be revoked in the same manner which is, Get a notarized document drafted for revocation of the Power of Attorney expressing clearly that you want to revoke the authority of the said person.