Probate Litigators Reveal Document Drafting Secrets to Reduce Power of Attorney Abuse Risk

An essential part of your estate plan should involve assigning a power of attorney (POA) to someone you trust in case you ever become incapacitated. If drafted properly, the “attorney-in-fact” or “agent” you choose will step in and make financial, medical or legal decisions for you (the principal) and loyally serve the estate’s best interests concurrently. Assigning POA fiduciary duties …

5 Clever Strategies to Prevent Power of Attorney Abuse in Elders

Consider inheritance hijacking and fraud issues before empowering agents to take care of your elder loved one’s finances.   Some say giving the wrong agent power of attorney (POA) is like offering them a license to steal. Both durable and nondurable powers of attorney are supposed to enable a trusted fiduciary to conduct careful and loyal financial decisions for your …