Many people choose someone to act as power of attorney during the estate planning process, allowing them to make legal and financial decisions in their name. However, you may want to terminate the power of attorney agreement for a number of reasons.
Terminating a power of attorney in Covina requires a specific legal process to protect you and your future. Schedule a consultation with Amity Law Group, LLP, today to meet with an experienced POA attorney for legal support.
Common Reasons to Terminate Power of Attorney
Individuals in Covina may be considering terminating power of attorney for several different reasons, including the following:
- The person assigned power of attorney (POA) has become unreliable or difficult to reach
- The agent is misusing funds for their own benefits
- Either the agent or the individual assigning POA has moved
- The individual has undergone life changes that shift their needs or requirements
- The individual with a POA no longer has the capacity to take care of legal needs
- The agent no longer wishes to legally represent the individual who assigned them POA
The decision to assign power of attorney is often complex, and revoking it frequently involves an equally complicated decision-making process. A lawyer can help individuals decide on the right course of action, including whether they may need to assign power of attorney to another individual after canceling the current one.
The Process for Terminating Power of Attorney
Terminating power of attorney starts with contacting an estate planning lawyer. A legal professional could ensure that the individual choosing to terminate power of attorney in Covina takes all necessary legal steps and protects themselves in the future.
The Written Revocation Document
A written revocation document lays out the termination of the power of attorney and when it will occur. While California law does not require the notarization of that document, having it notarized can make it easier to establish its legality later.
Notifying the Agent
After revoking power of attorney in Covina, the individual should notify the former agent. Sending a copy of the revocation document ensures everyone has it on file and the agent knows when their responsibilities have ended.
Notifying Other Relevant Parties
Any time a power of attorney has been used, or the agent has legally represented the individual while holding that power of attorney, the company or facility they worked with will have a record of it. To ensure that the agent can no longer represent them, the individual should reach out to each agency and supply a copy of the revocation of power of attorney.
Supplying that documentation ensures that their rights are protected. If another agent will receive power of attorney at this time, the individual should also provide copies of that new documentation.
Get in Touch With a Legal Professional to Discuss Terminating Power of Attorney in Covina
Terminating power of attorney in Covina is not a complex process, but it does require the support of a lawyer to make sure that everything gets taken care of properly.
When you need to terminate or reassign a power of attorney or take care of other legal or estate planning needs, a lawyer can help. Reach out to Amity Law Group to discuss your situation with a hardworking estate planning attorney to ensure your legal protection.
