Can I Change or Terminate my Power of Attorney?

Can I Change or Terminate my Power of Attorney?

Yes.  You can change or terminate (also called revoke) your power of attorney at any time, for any reason, or for no reason at all.  For example, you can change your agent or his or her authority.  Revoking your power of attorney terminates your agent’s authority.

Changes to your power of attorney require either a new power of attorney or an amendment to your existing power of attorney.  The new power of attorney or the amendment must be executed the same way as described in the earlier post “How Do I Give a Power of Attorney.”

Terminating or revoking your power of attorney is usually done by you giving written notice to your agent that your power of attorney is revoked; or by making a new power of attorney that specifically says it revokes your prior power of attorney.  There are other events that could terminate your power of attorney.  These are discussed in detail in a later post titled “When does my Power of Attorney Stop?”

You should immediately notify your agent of any change or termination of your power of attorney.  Until then, your agent can bind you unless the person or business dealing with your agent has actual knowledge of the change or termination or is acting in bad faith.

Contact Thomas T. Tornow, P.C. at http://www.tornowlaw.com if you want to change or revoke your power of attorney, or if you are an agent who thinks your authority may have been changed or revoked.

Thomas T. Tornow, P.C.

By: Thomas T. Tornow

This post is exclusively for informational purposes. It is not legal advice. Viewing this post, using information from it, or communicating through this blog does not create an attorney-client relationship. Thomas T. Tornow, P.C. is not liable for the use or interpretation of information on this blog and expressly disclaims all liability for any actions you may or may not take based on the content of this blog.