South Carolina Revocation of General Durable Power of Attorney
Understanding this form
The Revocation of General Durable Power of Attorney is a legal document that allows a person (the Declarant) to formally cancel a previously granted General Durable Power of Attorney. This form enables the Declarant to revoke the authority given to an agent to manage their financial and property matters. It is crucial to ensure that this revocation process is properly documented to prevent any future misunderstandings regarding the agent's authority.
Key components of this form
- Declarant's information: Name and address of the person revoking the power of attorney.
- Reference to the original document: Details of the original General Durable Power of Attorney being revoked.
- Agent's information: Name of the attorney-in-fact or agent whose authority is being revoked.
- Revocation statement: A clear statement indicating the revocation of the power of attorney.
- Date of revocation: The date on which the revocation is signed and dated by the Declarant.
Common use cases
This form should be used when a Declarant wishes to revoke the authority granted to their attorney-in-fact under a General Durable Power of Attorney. Common scenarios include: - The Declarant no longer trusts the agent. - The Declarant wants to appoint a different agent. - The Declarant's financial situation has changed, making the original arrangement unnecessary.
Intended users of this form
- Individuals who have previously executed a General Durable Power of Attorney.
- Those who wish to revoke decision-making powers previously granted to an agent for their financial or property matters.
- Any individual seeking legal clarity regarding their agency relationships and authority.
Completing this form step by step
- Identify the Declarant by filling in their name and address.
- Reference the previously executed General Durable Power of Attorney by entering its execution date and agent's name.
- Include a clear statement revoking that power of attorney.
- Sign and date the form to finalize the revocation.
- Provide a copy of the revocation to your agent to formally inform them of the changes.
Does this form need to be notarized?
This document requires notarization to meet legal standards. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available 24/7.
Avoid these common issues
- Failing to include the date of the original power of attorney.
- Not providing a copy of the revocation to the agent after it is signed.
- Failure to sign the form, which can invalidate the revocation.
Benefits of using this form online
- Convenience of downloading and filling out the form from home.
- Editability to ensure all details are accurate before finalizing.
- Access to templates that are drafted by licensed attorneys for legal compliance.
What to keep in mind
- The Revocation of General Durable Power of Attorney allows you to legally cancel the authority previously given to an agent.
- Ensure accurate completion and delivery of the form to avoid misunderstandings.
- Consult state laws for any specific requirements regarding the form's use.
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FAQ
Non-Durable Power of Attorney. Durable Power of Attorney. Special or Limited Power of Attorney. Medical Power of Attorney. Springing Power of Attorney. Create Your Power of Attorney Now.
A power of attorney is a legal document that gives someone you choose the power to act in your place.A durable power of attorney simply means that the document stays in effect if you become incapacitated and unable to handle matters on your own.
What's the difference between durable and general power of attorney? A general power of attorney ends the moment you become incapacitated.A durable power of attorney stays effective until the principle dies or until they act to revoke the power they've granted to their agent.
A Durable Power of Attorney acts as a permission slip, giving authority to a third party to do things on behalf of someone else who cannot do it for themselves. If done properly, the Durable Power of Attorney may very well prevent you from having to be declared incompetent in court if you something bad happens to you.
