Tennessee Revocation of Power of Attorney for an Unrecorded Power of Attorney
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How to fill out Revocation Of Power Of Attorney For An Unrecorded Power Of Attorney?
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FAQ
Steps for Making a Financial Power of Attorney in Tennessee Create the POA Using a Form, Software or an 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 Register of Deeds.
Individual Document Preparation Specific document preparation, like drafting a single will or power of attorney, can cost between $150 and $400 per document.
Under Tennessee law, for a power of attorney to be valid it must either be signed in the presence of a notary or witnessed by two disinterested parties. (A witness cannot be an agent). Conversely, in Kentucky, a power of attorney must have both two witnesses and a notary to be valid.
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)
If your agent will manage real estate transactions, the Power of Attorney will need to be signed by a notary and filed or recorded with your county.
If you want to remove the agent's authority, revoke your power of attorney and create a new power of attorney to appoint a new agent. The bottom line: put the revocation in writing. File it with the Register of Deeds office.
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.
