Category: Financial Powers of Attorney

ATTORNEY NEWSLETTER Power Of Attorney Abuse Is Always A Risk Warning Signs of POA Abuse Remedies For POA Abuse A power of attorney authorizes one or more persons (“agent(s)” or “attorney(s)-in-fact”)) to act on behalf of another (the “principal”) in financial or medical matters. Financial powers of attorney (POAs) grant full […]

ATTORNEY NEWSLETTER Financial Powers Of Attorney Explained Case Example Of POA Abuse Remedies For Victims And Families Anyone with a financial power of attorney (POA) for someone else has full legal authority over that person’s financial affairs, unless the instrument limits their power in some way.  The scope of POA […]

ATTORNEY NEWSLETTER Financial Advisors And Customer Cognitive Decline On The Front Lines Of Protecting Older Customers From Financial Abuse Consequences Of Impaired Mental Capacity Cognitive decline is a fact of life among America’s aging population and financial advisors often find themselves on the front lines of an effort to protect […]

ATTORNEY NEWSLETTER How Agents Steal From Seniors By POA Case Example Of Large Theft By POA Legal Consequences For Agent Financial powers of attorney (POAs) grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in some way.  The scope of the […]

ATTORNEY NEWSLETTER Theft By Powers Of Attorney Case Example Of Theft Prison Sentence And Restitution To Victim’s Heirs Powers of attorney are incredibly powerful legal instruments. The scope of the appointed attorney-in-fact’s powers is set by law and, unless specifically limited, extends to almost every form of financial transaction. See […]

ATTORNEY NEWSLETTER Illegal Transfers From Dependent Adult Account Dependent Adult In Mental Health Facility Attorney-In-Fact Used Victim’s Money For Her Own Purposes Abuse of a financial Power of Attorney (POA) is illegal in all cases.  Probate Code § 4231.5.  But when the principal is an elder or dependent adult, the […]

ATTORNEY NEWSLETTER Power Of Attorney Authority Can Be Abused Case Examples of Power Of Attorney Abuse Legal Remedies For Injured Seniors And Families Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives […]

ATTORNEY NEWSLETTER Money Stolen Over Six-Year Period Attorney-In- Fact Accused Of Stealing Over $860,000 Falsified Beneficiary Designations And Other Documents Older persons often execute powers of attorney (POAs) to appoint designated persons to transact financial affairs on their behalf with full legal authority to do so.  The person appointed under […]

ATTORNEY NEWSLETTER Use Care In Granting Powers Of Attorney The Risk Of POA Abuse Is Always There Theft By Use Of Powers Of Attorney Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to act for the principal […]

ATTORNEY NEWSLETTER Financial Powers Of Attorney Are Powerful Legal Instruments Possibility Of Abuse Of Power Always Present Examples Of Power Of Attorney Abuse Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to act for the principal who […]