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Because an incompetent person cannot revoke a POA, an incompetent principal also cannot name a new agent or create a new POA.

If an agent abuses the authority granted by a power of attorney, they may face both civil and criminal consequences. As for civil consequences, an agent can be sued for fraudulent conversion of the principal's money and be forced to provide restitution to the principal.

If you're mentally competent and no longer wish to have someone appointed as your power of attorney, you can cancel it by submitting a formal revocation form, as well as notifying the individual and other relevant third parties, in writing. You may want to cancel your power of attorney for several reasons.

Can Two Siblings Have Power of Attorney? Yes. Two or more parties can have your power of attorney. You should make sure that the power of attorney documents are well-drafted.

As part of her general powers, a medical agent under a durable power of attorney has the authority to restrict or deny visitors access to the principal.He may allow some visitors and refuse others as long as he does not violate his fiduciary duty to make all decisions based on the best interests of the principal.

Usually, it will require a formal contest in court, unless the agent voluntarily resigns their power of attorney.If an agent continues to make decisions of behalf of the principal after a non-durable power of attorney ends, a third party would be able to contest any decisions made in court.

The revocation should include your name, a statement that you are of sound mind, and your wish to revoke the power of attorney. You should also specify the date the original power of attorney was executed and the person selected as your agent.