A New Mexico Revocation of Power of Attorney form can be used with any type of New Mexico Power of Attorney forms you previously drafted, including General Power of Attorney, Limited Power of Attorney, Durable Power of Attorney and Springing Power of Attorney. The New Mexico Revocation of Power of Attorney document revokes, or terminates, the powers originally given from the principal to the attorney-in-fact.
Power of Attorney for New Mexico should only be given to someone that you trust completely. It should be given to someone that can make honest decisions about your life that you would normally make yourself. The person that you make your agent and give Power of Attorney will be authorized and empowered by you to make all of the decisions about your life.
Reasons to Revoke Power of Attorney New Mexico
There are many reasons why you would want to revoke a Power of Attorney in New Mexico. Maybe you are going through a divorce or no longer trust your agent. Following is list of some of the more common reasons why you would need a New Mexico Revocation of Power of Attorney form:
- New Mexico Power of Attorney is not needed any longer because you are now able to make your own decisions
- You do not trust your agent
- You have found another candidate more suitable for your needs to act as your agent
- Your agent may have moved away, passed on or is no longer in your circle of friends or family
- Your Power of Attorney of New Mexico is fulfilled and there is no longer a need for an agent to act on your behalf
How to Revoke Power of Attorney in New Mexico
A New Mexico Power of Attorney form can only be revoked with an New Mexico Revocation of Power of Attorney form or the death of the principal.
First of all, you will need a Revocation of Power of Attorney Form for New Mexico – you can get a free New Mexico Revocation of Power of Attorney form here.
Your New Mexico Revocation of Power of Attorney form should be written stating that the original New Mexico Power of Attorney issued to the attorney-in-fact is being terminated. You will need the following information to complete your document:
- The printed name and address of the principal that granted the original Power of Attorney in New Mexico
- Date of the original New Mexico Power of Attorney
- The printed name and address of the agent
- Date of the New Mexico Revocation of Power of Attorney form
- The principal will then need to sign the New Mexico Revocation of Power of Attorney form in the presence of a notary
- The notary will then sign and seal your New Mexico Revocation of Power of Attorney
Once you complete the document, the next steps will take a little more effort depending on the breadth of the powers authorized by your original New Mexico Power of Attorney. It is critical that you provide a copy of your New Mexico Revocation of Power of Attorney form to all parties involved with the original Power of Attorney, especially your agent.
To revoke Power of Attorney in New Mexico, all parties must made aware of the legal action of revocation. Additionally, in some jurisdictions it is required that a legal notice be published in a local newspaper to help provide an additional level of protection.
A New Mexico Revocation of Power of Attorney form is a vital legal document necessary to terminate Power of Attorney in New Mexico. Taking a detailed approach to making everyone you conduct your affairs with aware of the revocation can save time and a lot of financial and legal frustration.
Fill out and print a free New Mexico Revocation of Power of Attorney form in just minutes online.
