An Oklahoma revocation of power of attorney form is used to cancel an active power of attorney agreement. POAs can be granted with or without an expiration date, and this form helps terminate the granted actions at the principal party’s request. To complete the revocation, inform your agent and any backup agent that the POA is revoked, and they are no longer authorized to act on your behalf.
Provide copies of the revocation to them and anyone doing business with your agent. A public notary can validate the process with an official signature.
Legal Considerations
Statute – Title 58 Chapter 29 – Uniform Power of Attorney Act (58 OS § 3001 – 3045).
Termination – 58 OS § 3010.
Signing Requirements – Notarization is not required by state law but it is recommended to ensure the validity of the revocation. (58 OS § 3005)
Revocation and Termination
To revoke a power of attorney in Oklahoma before its expiration:
- Draft a Revocation Letter: State your name, the agent’s name, and a clear revocation statement, including the date of the original POA.
- Sign and Notarize: Sign the revocation document and have it notarized. A witness is optional but recommended for extra protection.
- Notify the Agent and Third Parties: Provide copies of the notarized revocation to your former agent and any relevant third parties (e.g., banks, healthcare providers).
- Record the Revocation: If the original POA was recorded with the local Oklahoma County Clerk’s Office, record the revocation there as well.
- Safekeeping: Store a copy of the revocation document in a secure place for future reference.
Fees
- Notary Fees: A notary may charge up to $5 to notarize this document.
- Legal Fees: Consulting an attorney for complex POAs can cost $100 to $500 for flat fees or vary by the hour based on complexity and experience.
- Recording Fees: Recording the revocation with the Oklahoma County Clerk’s Office ranges from $20 to $50, depending on the county.
Related Forms
Resources
- OK Law – Provides information and assistance on Revocation of Powers of Attorney.
- Oklahoma Bar Association – Provides resources and referrals for legal assistance, including services for estate planning and powers of attorney.
