Category: Financial Powers of Attorney

ATTORNEY NEWSLETTER Case Example Of Alleged Theft By POA Unauthorized Withdrawals Totaling $120,000 Prison Sentence And Restitution To Victim’s Heirs Individuals with financial powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits their power in some way.  The scope […]

ATTORNEY NEWSLETTER Alleged Theft By Attorney-in-Fact Occurred Over Three-Month Period Victim In Mental Health Facility And Unaware Of Fraud Allegedly Spent Gambling And On Hotels And A New Car Misuse of Powers of Attorney (POAs) is always against the law.  Probate Code § 4231.5.  But when the principal is an […]

ATTORNEY NEWSLETTER Controlled 88-Year-Old Client’s Finances By Power Of Attorney Unauthorized Transfers Of Money To Personal Accounts Money Stolen Before And After Victim’s Death Many incidents of financial elder abuse of a senior involve someone, like a caregiver or new or long lost “friend”, who moves in (sometimes, literally) and […]

ATTORNEY NEWSLETTER Spotting Power Of Attorney Abuse How Agents Use POAs To Enrich Themselves Stopping And Suing For POA Abuse A power of attorney is a document authorizing one or more people (“agent(s)” or “attorney(s)-in-fact”)) to act on behalf of another (the “principal”) in financial or medical matters. Financial powers of […]

ATTORNEY NEWSLETTER Money Stolen Over Several Years 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 the […]

ATTORNEY NEWSLETTER $300,000 Missing From Accounts Of Two Dementia Patients Residents Of Assisted Care Facility  Bills Unpaid, Threatening Their Eviction Powers of Attorney (POAs) are incredibly important – and powerful – legal instruments.  Sometimes, they are absolutely essential when the principal needs their appointed agent to take over the principal’s […]

ATTORNEY NEWSLETTER Financial Powers Of Attorney Grant Broad Authority Potential For Misuse Of Power Always Exists How Powers Of Attorney Are Misuse Financial 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 […]

ATTORNEY NEWSLETTER Broad Authority Under Financial Powers of Authority How POA Authority Is Misused Remedies For Injured Seniors 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), grant authority over medical […]

ATTORNEY NEWSLETTER Home Health Aide For 90-Year-Old Arrested Allegedly Used Debit Cards For $26,000 In Unauthorized Purchases Victim’s Family Alerted Police Of Suspicious Card Activity Dishonest caregivers with access to credit cards and debit cards of their elderly patients may quickly use the cards for unauthorized purchases and withdrawals.  Greedy […]

ATTORNEY NEWSLETTER Misuse Of Power Of Attorney Over Annuity Six Unauthorized Withdrawals Totaling $120,000 Two Years In Prison And Restitution Individuals with powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits their power in some way.  The scope of […]