How do I cancel a power of attorney for my nephew?

Seeking Help
1

I need to cancel a power of attorney I gave to my nephew, Kelly Bailey, as soon as possible. I’m retired and trying to save money, and I really need to make sure this gets done. I’ve tried canceling it once before, but it didn’t go through, so I’m asking for help on how to properly revoke it. Any advice on what steps I need to take?

2

You’ll need to create a written document stating that you’re revoking the power of attorney. It should include your name, your nephew’s name, and the date the original POA was signed.

3

Sloane said:
You’ll need to create a written document stating that you’re revoking the power of attorney. It should include your name, your nephew’s name, and the date the original POA was signed.

Thanks! Does it need to be notarized, or can I just sign it myself?

4

@Milan
It’s best to get it notarized. That way, there’s no question about its validity.

5

Make sure you also notify your nephew in writing. Send him a copy of the revocation so he knows his authority is canceled.

6

PhantomPhantom said:
Make sure you also notify your nephew in writing. Send him a copy of the revocation so he knows his authority is canceled.

Got it. Should I send it by mail or is an email good enough?

7

@Milan
Mail is better. Use certified mail so you have proof he received it.

8

Don’t forget to let any banks or institutions he might have dealt with know that the POA is revoked. That’s important too.

9

mjvincent said:
Don’t forget to let any banks or institutions he might have dealt with know that the POA is revoked. That’s important too.

Thanks! Should I give them a copy of the revocation document too?

10

@Milan
Yeah, definitely. That way they’ll have it on file and won’t let him act on your behalf anymore.

11

If you’re worried about messing it up again, maybe get a lawyer to help. It doesn’t have to be super expensive.

12

BenjaminYoung said:
If you’re worried about messing it up again, maybe get a lawyer to help. It doesn’t have to be super expensive.

I’d rather not spend too much since I’m on a budget. Do you think I could manage this on my own?

13

@Milan
If you follow the steps and make sure it’s notarized, you should be fine doing it yourself.

14

After canceling, try to get back any copies of the original POA from your nephew or anyone else who might have it.

15

Pip said:
After canceling, try to get back any copies of the original POA from your nephew or anyone else who might have it.

Good idea. What if I can’t get all the copies back?

16

Milan said:

Pip said:
After canceling, try to get back any copies of the original POA from your nephew or anyone else who might have it.

Good idea. What if I can’t get all the copies back?

As long as the revocation is documented and everyone who needs to know is informed, you should be okay.