In this form, the Maker acknowledges that he/she created a durable power of attorney by a written instrument. However, the Maker states that he/she revokes the durable power of attorney in its entirety and that the revocation is valid because he/she reserved the exclusive right to amend or revoke the durable power of attorney at any time without the consent of his/her agent.
Phoenix Arizona Revocation of Durable Power of Attorney
State:
Arizona
City:
Phoenix
Control #:
AZ-POA-7
Format:
Word;
Rich Text
Instant download
Description
How to fill out Arizona Revocation Of Durable Power Of Attorney?
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FAQ
One witness must be a medical practitioner or be a person who is authorised to witness affidavits.
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.
Revocation Letter means the letter issued by the IRS to the organization providing notice that the organiza- tion's exempt status is revoked for failing to file an Annual Return or notice for three consecutive years on or before the date set by the Secretary for the filing such third Annual Re- turn or notice.
All a principal needs to do to revoke a power of attorney is send a letter to the agent notifying the agent that his or her appointment has been revoked. From the moment the agent receives a revocation letter, he or she can no longer act under the power of attorney.
You can revoke a power of attorney by giving written notice to your agent and to some one in charge at any place where you expect the agent would try to use the power. For example, you would want to give written notice to your banks.
There is no required form to revoke a Power of Attorney. However, we recommend you revoke a Power of Attorney with a signed writing in the form of an authentic act (in the presence of a notary and two witnesses).
In Arizona, durable financial powers of attorney are generally granted by preparing a written document outlining the powers. The person granting the powers signs the document before a notary and one witness.
The principal can revoke a POA when there is gross mismanagement on the agent's part, the agent breaches the contract terms, or acts beyond his/her scope of powers. In such cases, even an irrevocable POA can be revoked by issuing a revocation notice.
After Signing 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.
You can revoke (cancel) your power of attorney document at any time with a written notice to your agent. A sample ?Notice of Revocation? is included in this packet.
