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The Mississippi Revocation of Power of Attorney is a termination document that is carried out subsequent to the execution of a POA. When a POA is put into effect, the assigned agent will have the ability to operate on the behalf of the principal until their death, revocation, or incapacitation (if non-durable), unless there was another type of expiration clause inserted into the content of the instrument. Parties that would like to rescind the authority immediately can utilize the revocation form to officially express this desire to their attorney-in-fact or any other institutions that may have the original document on file. It merely entails the specifics concerning the initial arrangement and the signature of the canceling individual (users are advised to have their endorsements validated by witnesses and/or a notarial officer). Afterwhich, the executor should send a copy to the attorney-in-fact as notice of the discontinuation.

Laws

Statute – An attorney-in-fact must be notified of the initial document’s cancellation in order to properly dissolve the authority granted, whether it is ended due to the principal’s death, incapacity (if a non-durable POA was executed), revocation, or any other termination event recorded within the instrument (§ 87-3-111).

Signing Requirements – Acknowledgment of Two (2) Witnesses and/or a Notary Public Recommended