Troubled by POA Abuse? Hear the outrageous stories we never saw coming, as well as what to do when they’re happening to you. You aren’t alone anymore.
The law has changed concerning the Power of Attorney document. There are many technical changes, some which deal with protecting the principal, that is, the person signing the document. There are some changes which protect the banks and others from reliance on a defective power of attorney document.
The thing that did not change, and likely cannot change, is that the person who is appointed as the agent, or attorney-in-fact, for the principal, still has a moral obligation to do the “right thing.” Many hours, and countless cups of coffee (or glasses of adult beverages) have been imbibed while […]