Power of Attorney. Download online state specific power of attorney forms
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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Termination Effects.
when a Power of Attorney is terminated, the donor is no longer bound by the acts of the donee. To ensure this, the donor must give written notice of the termination or the Power of Attorney may be terminated by "constructive notice" such as by lapse of time. If notice is not given, the donor is liable to anyone dealing with the donor through the donee on the assumption that the Power of Attorney still exists. In some states, a donee who acts under a terminated Power of Attorney may be liable to the donor for damages, even if the donee did not know the power was no longer valid. In some states, for example , a donee is not liable if he or she did not know or, with reasonable care, would not have known of the termination.
There are also state laws which define the rights and obligations of third parties who deal with a donee whose authority has been revoked. In some states, for example, a transaction is binding:
1) if a third party deals with a donee whose authority has been revoked and if the third party does not know of the termination, and
2) both the donee and the thirty part acted in good faith. Please be sure to read the current legislation for your jurisdiction.
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Return to all Power of Attorney legal information
Legal Articles about Power of Attorney
Power of Attorney Frequently Asked Questions
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Different types of powers of attorney
There are "Nondurable ," "Durable," and "Springing" Power of Attorney ...
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Protect your relationship by POA
A power of attorney is a document that allows you to dictate who you would like to make decisions ...
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Who Will Make Life or Death Decisions?
One of the most difficult things about choosing your legal decision-maker is discussing end-of-life ...
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NPA/Intels: Reps Say FG Didn't Follow Due Process
Independent Newspapers Limited
The House on Thursday resolved to probe the “abrupt termination of a boat pilotage monitoring and supervision agreement with Intels Nigeria, a company linked to former vice president and chieftain of the All Progressives Congress (APC), Atiku Abubakar ...
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EPA Proposes Clean Power Plan Termination
North American Windpower
“The Obama administration pushed the bounds of their authority so far with the CPP that the Supreme Court issued a historic stay of the rule, preventing its devastating effects to be imposed on the American people while the rule is being challenged in ...
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