Content Overview 
- Summary
- When Does A Durable Power Of Attorney End?
- Terms to Know
- What Can An Agent/Attorney-in-fact Do?
- Who Might Need A Durable Power of Attorney?
- When Does A Durable Power Of Attorney Take Effect?
- Who Decides If I Am Incapacitated For Purposes Of A Power Of Attorney?
- When Might A Guardianship (Conservatorship) Be Better Than A Power of Attorney?
- Do I Need A Lawyer To Prepare A Durable Power-Of-Attorney For Finances?
- Who Should I Name As "Agent" Or "Attorney-In-Fact"?
- Banks, Stock Brokers, Financial Institutions and Social Security
- How To Prevent Abuse Under A Power Of Attorney
- What Is The Best Way To Execute A Durable Power Of Attorney?
- How Do I Revoke (cancel) A Durable Power Of Attorney?
Durable Power Of Attorney For Finances
How Do I Revoke (cancel) A Durable Power Of Attorney?
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You can revoke a Power of Attorney at any time for any reason. It doesn't matter whether the Power of Attorney is durable or not.
To revoke a power of attorney:
- Notify the person you named to act as your agent. Preferably the notification should be in writing and delivered in a manner that assures the person receives it. For example, hand delivery, or overnight mail, return receipt requested.
- Destroy all copies of the power of attorney.
- Notify in writing any third parties with whom the agent may have done business or is about to do business.
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If substantial assets are at stake, the American Bar Association recommends that you may also want to file a document called a "Revocation of Power of Attorney" in the public records where you live or own real estate, and maybe even in the local newspaper(s).
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