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Category: Financial Powers of Attorney

Los Gatos Financial Elder Abuse Attorneys: Caregiver Arrested After Using Elderly Man’s Power Of Attorney To Steal From Him

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 […]

Carmel Financial Elder Abuse Attorneys: Financial Power Of Attorney Abuse And Fraud

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 […]

Hillsborough Financial Elder Abuse Attorney: Seniors At Risk Of Fraud By Dishonest Caregivers

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 […]

Los Angeles Elder Law Attorneys: Preparing For Older Loved Ones’ Cognitive Decline

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 […]

San Diego Financial Elder Abuse Attorneys: Abuse Of Financial Power Of Attorney

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 […]

Santa Clara County Financial Elder Abuse Attorneys: Use Of Financial Power Of Attorney To Steal From Dependent Adult

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 […]

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