When and How to Revoke a Power of Attorney

A power of attorney (POA) is a valuable tool for managing your affairs when you’re unable to do so yourself, whether due to illness, absence, or incapacity. It grants someone you trust the authority to make important decisions on your behalf. However, life circumstances change, and sometimes you may need to revoke that authority. Despite its importance, many people are unsure about how to properly revoke a POA if the need arises. Whether due to a change in relationship, concerns about the agent’s decisions, or simply a change of mind, revoking a POA is a critical step to ensure your wishes are respected.

Here is a step-by-step process for revoking a power of attorney:

1. Create a written notice of revocation: Clearly state that you are revoking the authority granted to your agent. Make sure the document is specific and straightforward. An estate planning attorney can either provide a formal notice of revocation or help you draft one based on your specific needs.
2. Sign and date the document: Your revocation notice must be signed and dated to ensure it is legally valid.
3. Notify your agent: Inform the person you appointed as your agent that their authority has been revoked. Provide them with a copy of the revocation notice.
4. Notify institutions and individuals: Send copies of the revocation to any institutions or individuals who have relied on the power of attorney, such as banks, healthcare providers, or financial advisors.
5. File the revocation with the appropriate office: If the original power of attorney was filed with a court, government office, or other entities, you will need to file your revocation with that same office to officially update the records.

If you’re thinking about revoking a power of attorney, it’s important to act quickly and notify all necessary parties to avoid any confusion or issues. Consulting with an attorney can ensure the process is handled smoothly and that all legal steps are properly followed. For personalized guidance, reach out to Wills, Trusts, Probate & Elder Law Firm, PLLC. Contact us at 941-914-9145 or complete our online form and we will be in touch to schedule a consultation.