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In a statutory power of attorney, the language granting power with respect to estate, trust, and other. beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the.
Step 1. Prepare a new power of attorney appointing a different attorney-in-fact to act on your behalf. This power of attorney should state that it is revoking any prior powers of attorney executed by you, thereby terminating the original attorney-in-factâs authority.tep 1. Prepare a new power of attorney appointing a different attorney-in-fact to act on your behalf. This power of attorney should state that it is revoking any prior powers of attorney executed by you, thereby terminating the original attorney-in-factâs authority.