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The revocation of power of attorney allows the principal to cancel previous powers given to the agent for any reason and at any time. Common reasons for revocation include the power of attorney being no longer relevant, convenient, or executed as per the principal's guidelines. The principal can also revoke the power of attorney if they want to change agents or if the goal of the power of attorney has been achieved. It is not necessary to provide a specific reason for revocation. Additionally, the principal's family members can also revoke the power of attorney.