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You can end the agent's authority by revoking the authority in writing. All powers of attorney end upon your death. A power of attorney generally become effective when you sign the document. Oregon law also specifically allows powers of attorney that take effect at the time other than when signed.
A Nevada durable statutory power of attorney form allows a person to choose someone else to handle their financial decisions and affairs. The form allows the person granting authority (?principal?) to choose someone else (?agent?) to have the same powers as if they were acting themselves.
If a power of attorney is durable, it remains valid and in effect even if you become incapacitated and unable to make decisions for yourself. If a power of attorney document does not explicitly say that the power is durable, it ends if you become incapacitated.
At any time by the person who granted it, as long as that person is mentally competent. A person who gives a power of attorney can revoke it by having it returned and then destroying it, or by giving the individual to whom the power was granted a written statement revoking it.
You can revoke a power of attorney by notifying your attorney in fact that you are revoking the power of attorney. You can use a simple one page form that states that you are revoking the power of attorney. The form should be signed by you and your signature should be notarized.
A durable power of attorney refers to a power of attorney which typically remains in effect until the death of the principal or until the document is revoked.
One witness must be a medical practitioner or be a person who is authorised to witness affidavits.
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.
Now, you cannot revoke this Power of Attorney because there is an interest of agent as well in the subject matter i.e. your property. The agent is protected under Section 202 of the Indian Contracts Act, 1872. It requires the consent of Agent too.
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.