The effective liquid drop model (ELDM) and the generalized liquid drop model (GLDM) are extended to the case of studying the two-proton (2p) radioactivity from the excited states of proton-rich nuclei. It is shown that the experimental 2p decay half-lives are reproduced well by the ELDM and the GLDM. Then, the 2p decay half-lives of excited states of some nuclei that are not yet available experimentally are predicted by the two models, which are useful for searching for the new 2p decay candidates in future. Meanwhile, the above predicted half-lives are analyzed and compared with those given by the unified fission model (UFM). Next, the influence of the uncertainties of the decay energy and the angular momentum on the half-lives are analyzed in the frame of the two models by taking the 2p radioactivity of the 21 ⁺isomeric state of ⁹⁴Ag for example. It is found that the half-lives go up with the increase of the angular momentum, following the law of the quadratic function. Furthermore, the strong dependence of the half-lives on the decay energy suggests that it is important and necessary to measure accurately the mass value of the parent nucleus and the daughter nucleus and the excitation energy. Finally, it is necessary to point out that the existence of the 2p radioactivity in the 21 ⁺isomeric state of ⁹⁴Ag remains to be a mystery. Moreover, although the 2p radioactivity is observed from the higher excited states of ¹⁷Ne and ¹⁸Ne, the relevant hypotheses have not yet been further tested experimentally. The construction of a new generation of radioactive ion beam facilities, such as the high intensity heavy-ion accelerator facility (HIAF), is expected to be used to uncover the nature of the 2p radioactivity in the 21 ⁺isomeric state of ⁹⁴Ag and further test the hypotheses of the 2p decay from the higher excited states of ¹⁷Ne and ¹⁸Ne. On the other hand, some microscopic models, such as the shell model, need to be further developed by including some necessary physical factors, such as the tensor force, three-body force and accurate pairing force, to describe the mechanism of the 2p emission of the excited states more reasonably. In summary, more nuclear structure information can be extracted by studying the 2p radioactivity of the excited states. It is worth studying further although it is rather difficult to observe.