Revocation of Power of Attorney
Price: £7.95 |
| Name: |
Revocation of Power of Attorney |
| ISBN: |
978-1-906144-12-8 |
| Pages: |
18 |
| Pub. Date: |
August 2007 |
| Edition: |
United Kingdom |
| Summary: |
This kit will enable you to make revoke the powers previously granted under a power of attroneyl. |
| Includes: |
Revocation Forms & Instructions |
| Format: |
 Downloadable |
|
A Power of Attorney is a document that allows a person to designate another person who will have the authority to act on his/her behalf. While a power of attorney is a very useful device, if legal authority to act on your behalf is given to the wrong person, it could spell financial ruin for you and your family.
This kit will enable you to prepare a notice form in order to send to an agent and other third parties to revoke the authority conferred on another person under a power of attorney.
If you grant a power of attorney to person there will always be a risk of:-
a person acting fraudulently on your behalf;
…. for example in the payment of creditors or the settlement of debts
a person abusing his power by embezzle funds and/or from your estate;
…. It may become necessary to revoke their powers to protect your family and assets
a person negligently carrying out his duties as attorney;
…. A person acting negligently may cause you serious financial losses
a person entering into a contract whose terms adversely affect you; and
…. A person entering into such contracts is not demonstrating the required duty of care when acting on your behalf and a revocation of powers may be necessary.
... much more
