Category: Power of Attorney Misuse

ATTORNEY NEWSLETTER Financial Powers Of Attorney Grant Broad Authority Dishonest Agents May Abuse That Authority Remedies For Abuse Of Power Of Attorney 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 (AHCDs), […]

ATTORNEY NEWSLETTER Financial POAs Are Dangerous Tools For The Dishonest Case Example of Largescale Abuse of POA Remedies For Injured Principals Financial powers of attorney (POAs) appoint designated persons to transact financial affairs on behalf of a “Principal.” The person appointed under the POA is called the Principal’s Attorney-in-Fact and […]

ATTORNEY NEWSLETTER Suspect Reportedly Befriended Elderly Couple Obtained And Misused Wife’s Power Of Attorney Allegedly Obtained Fraudulent Loan And Made Unauthorized Purchases Elderly victims of financial elder abuse are often preyed upon in their own homes by dishonest in-home caregivers.  Sometimes the theft is as straightforward as taking cash or […]

ATTORNEY NEWSLETTER How Agents Abuse Powers Of Attorney Examples Of Power Of Attorney Abuse Laws On Power Of Attorney Misuse Powers of Attorney are extremely important – and, in the wrong hands, potentially dangerous – legal instruments. Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, […]

ATTORNEY NEWSLETTER Caregiver Allegedly Accessed Bank Accounts Leased Car In Senior’s Name Took Out A Loan In Couple’s Name While financial elder abuse may consist of theft of cash or unauthorized use of credit cards, some financial elder abuse consists of that plus elaborate schemes of loans, estate planning changes, […]

ATTORNEY NEWSLETTER Years Of Allegedly Fraudulent Transactions $1,295,000 Allegedly Taken From Elderly Client Twenty-Year Relationship With 97-Year-Old Client Seniors can be victims of financial elder abuse from strangers and from those they have known for years.  The older a senior gets, the more at risk they are and those who […]

ATTORNEY NEWSLETTER Allegedly Stole Money Over Six-Year Period Over $860,000 Gone Falsified Documents And Beneficiary Designations 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 the POA is called […]

ATTORNEY NEWSLETTER Alleged Misuse Of Power Of Attorney Of Elderly And Disabled Persons Authorities Believe $3.5 Million Stolen 96-Year-Old Victim Nearly Evicted From Nursing Home For Non-Payment Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an […]

ATTORNEY NEWSLETTER Alleged Misuse Of Power Of Attorney Victim Recent Widow And Dementia Sufferer Allegedly Took $450,000 From Victim Recently widowed seniors are especially vulnerable to financial elder abuse by all manner of financial predators.  If the recently widowed senior also suffers from dementia, the risk is even greater.  Financial […]

ATTORNEY NEWSLETTER Now Deceased Victim Lived In Care Facility Money Spent On Vacations And Personal Expenses Of Agent Care Facility Bills Unpaid At Victim’s Death The potential for abuse of a Power of Attorney (POA) is always present because the Attorney-in-Fact’s authority extends to almost every form of financial and […]