I am joint power of attorney and want to resign. The principle suffers from Dementia and it has become too much for me to handle.
Send a written resignation to the maker and to all banks and investment companies or anyone else who know you are serviving as such.
Hope this helps.
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Family Law Attorney
You will want to prepare (or have prepared for you) a Notice of Resignation of Appointee to sign and have notarized. I would suggest that you make a minimum of 6 copies of the notice. Send copies to:
1. the grantor (the person you refer to as the principal),
2. the co-appointee,
3. the attorney/law firm that prepared the original POA (if there is one and you know who they are),
4. if the POA was filed with a court or state registry, then file a copy there as well, and
5. any banks, nursing home, etc. that have been provided the POA -- as suggested in the other attorney's response.
You may want to find a local elder law/trust & estate lawyer to assist you with this. It should not take much time at all and so should be a nominal expense.
This response does not create an attorney-client relationship and is intended for general information purposes only.
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