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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.
You do not need anyone's permission to revoke it. Destroy the original power of attorney and any copies. Although not required, it is always best to have a written revocation. ... Sign the revocation before a notary.
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)
The specific requirements are different in each state; however, in Virginia, your document will need the signature of a notary. If your agent(s) will have the authority to engage in real estate transactions, the Power of Attorney must be notarized and recorded or filed with the county.
If you are competent and wish to revoke a power of attorney, you will need to send a signed notarized letter revoking the power of attorney to every place your agent used the power of attorney, as well as every place the agent might use the power of attorney.
Notice of Revocation of Power of Attorney I, (name) , of the City of , County of , State of California, revoke the power of attorney dated , empowering (name(s)) _ to act as my agent. I revoke and withdraw all power and authority granted under that power of attorney.
Revocation of power of attorney. (1) A principal may revoke a power of attorney by expressing the revocation in a subsequently executed power of attorney or other writing signed by the principal. The principal may give notice of the revocation to an agent who has accepted authority under the revoked power of attorney.
Any power of attorney shall be subject to revocation at any time by written notice given to and received by CBP, either at the port of entry or electronically.