Why a Power of Attorney Is Essential in Estate Planning
A power of attorney is one of the most important estate planning documents you can have. It allows you to name someone you trust to act on your beh...
Read more... →
Digital download
Available immediately after purchase for easy download.
Harner Legal Forms provides self-help legal forms and general information, not legal advice.
Harner Legal Forms
The Harner Legal Forms Financial Power of Attorney Resignation is an attorney-prepared, downloadable legal form for an agent who wants to formally resign from an appointment under an existing Financial Power of Attorney.
This form creates a clear written record that the agent is stepping down from the authority granted under the Power of Attorney. It provides space to identify the agent, the principal, the date of the underlying Power of Attorney, the capacity in which the person is serving, and the effective date of the resignation. It is designed to help document the transition of financial decision-making authority and provide notice to the people and institutions that may need to know that the agent is no longer serving.
A written resignation can be useful when a successor agent will take over, when the current agent is no longer willing or able to serve, or when the agent wants a formal record that his or her authority has ended. The completed form can be provided to the principal, successor agent, banks, financial institutions, advisors, and other appropriate recipients as circumstances require.
What’s included
Key features
Requirements for resignation, notice, delivery, and effectiveness may depend on the Power of Attorney and applicable state law. Review the included instructions and the underlying Power of Attorney before completing and using the form.