An Alaska power of attorney revocation allows a principal (the person who granted the power of attorney) to terminate the legal authority granted to another person (their agent) to act on their behalf. This legal document formally ends the agent’s power to handle financial decisions, healthcare choices, or other responsibilities that were previously assigned to them.
Proper notice must be provided to the agent and any relevant financial institutions to ensure the complete termination of the agent’s authority.
Revocation and Termination
An Alaska POA terminates under these conditions:
- The agent’s authority automatically ends upon the principal’s passing.
- The principal has the right to revoke the power of attorney at any time while mentally competent, using a written revocation document.
- The document itself may specify a termination date or a condition that ends the agent’s authority.
- If the specific purpose outlined in the power of attorney is fulfilled.
- Agent’s incapacity, death, or resignation, and there’s no designated successor agent.
Fees
- Recording: If the original POA was recorded with a local Alaska Recorder’s Office, consider recording your revocation document there. Fees can vary by district and range from $20 to $50.
- Notary: Fees can range from $5 to $10 per signature.
Resources
- Alaska Court System – Power of attorney information.
- Legal Services Corporation – Legal advice and resources, including assistance with power of attorney issues.
Related Forms
