Can I revoke a Durable Power of Attorney, and how do I do it?

Full question:

You have decided to revoke a person that you have appointed as your Durable Power of Attorney, for any number of reasons. Can a person revoke a Durable Power of Attorney, if so, how?

  • Category: Power of Attorney
  • Subcategory: Health Care Declaration
  • Date:
  • State: Alabama

Answer:

Yes, you can revoke a Durable Power of Attorney as long as you are competent. The revocation must be in writing and delivered to the person you appointed as your Durable Power of Attorney, as well as to any third parties involved, such as banks or insurance companies. Third parties can rely on the Durable Power of Attorney until they receive actual notice of its revocation.

If you are unable to revoke it due to disability, someone interested in your affairs can petition the probate court to appoint a conservator. The conservator can manage your matters and may direct the person acting under your Durable Power of Attorney to report and account for their actions, or even suspend or revoke their powers.

Keep in mind that a Durable Power of Attorney automatically terminates upon your death, unless there is uncertainty about your status.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

One disadvantage of a Durable Power of Attorney is the potential for abuse. The appointed agent has significant control over your financial and legal matters, which can lead to misuse of authority. Additionally, if the agent becomes untrustworthy or if the relationship deteriorates, revoking the power can be complicated. Lastly, third parties may still honor the Durable Power of Attorney until they receive formal notice of its revocation, which can create issues if the agent acts against your wishes.