Category: Financial Powers of Attorney

ATTORNEY NEWSLETTER Powers Of Attorney Are Powerful Instruments Chose Only Trusted Persons As POAs Legal remedies For POA 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 executes the POA.  There […]

ATTORNEY NEWSLETTER In-Home Caregiver Obtained POA Allegedly Stole $49,829 In Three Months Online Bank Transfers Financial powers of attorney (POAs) appoint designated persons to transact financial affairs on behalf of the person granting the power with full legal authority to do so.  The person appointed under the POA is called […]

ATTORNEY NEWSLETTER Powers Of Attorney Can Be Used to Steal From Principals Example Of Theft By POA Remedies For Financial POA Abuse 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 […]

ATTORNEY NEWSLETTER Agents May Abuse Broad Authority Under Powers Of Attorney Self-Dealing And Other Agent Fraud Remedies For Injured Seniors And Families Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the need […]

ATTORNEY NEWSLETTER Access To Financial Accounts Unauthorized Withdrawals Protecting Seniors From Fraud Whenever a dishonest caregiver gains access to debit or credit cards and confidential financial information of an elderly person like PINs and Social Security numbers, there is a risk that they will use that information to take as […]

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 […]