This form is used by a Principal to declare that all power and authority granted under a Power of Attorney, which was not recorded, to a specified individual as Agent and Attorney-in-Fact for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
Tennessee Notice of Revocation of Power of Attorney for an Unrecorded Power of Attorney
Category:
State:
Multi-State
Control #:
US-OG-356
Format:
Word;
Rich Text
Instant download
Description
How to fill out Notice Of Revocation Of Power Of Attorney For An Unrecorded Power Of Attorney?
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FAQ
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)
A durable power of attorney should be recorded if the agent's assigned authority requires him/her to execute deeds or instruments.
Hear this out loud PauseOne major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal.
Hear this out loud PauseTennessee law requires a durable power of attorney to be either signed before two witnesses or signed and notarized in order to be valid. It also must specifically state its authorization to make health care decisions.
Hear this out loud PauseWith a non-durable POA, your agent's authority ends as soon as you become incapacitated. If you have a durable POA, your agent can continue to make decisions for you even after you become unable to make them yourself.
Hear this out loud PauseThe 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.
DPOA allows you to choose someone else to make certain decisions for you and it keeps working even if you cannot make decisions for yourself anymore. You can write it so it ONLY works if you cannot make decisions for yourself anymore. A regular Power of Attorney stops working if you cannot make decisions anymore.
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.
