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Manage Revocation Of Power Of Attorney

Manage Revocation Of Power Of Attorney

Aug 6th, 2022

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How to Manage Revocation Of Power Of Attorney

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The revocation of a power of attorney allows the principal to cancel a previously signed power of attorney, terminating the powers granted to agents. This can occur for any reason and at any time, regardless of original provisions. Common reasons for revocation include the power of attorney becoming irrelevant, inconvenient for the agent, improperly executed, a desire to change agents, or the goal of the power of attorney being achieved. Additionally, not only the principal and agent can initiate revocation; the principal's family members may also be involved in this process.

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