Category: Financial Powers of Attorney

ATTORNEY NEWSLETTER Misuse Of Power Of Attorney To Redirect Funds Unauthorized Withdrawals Totaling $120,000 Prison Sentence And Restitution To Heirs 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 […]

ATTORNEY NEWSLETTER Couple Uses Power Of Attorney To Steal Authorities Alleged $117,000 In Suspicious Transactions Unauthorized Purchases And Cash Withdrawals Financial powers of attorney (POAs) grant full authority over a person’s financial affairs. Medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over […]

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority Examples Of How That Authority Is Misused Legal Remedies For POA Misuse 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 […]

ATTORNEY NEWSLETTER Used Power Of Attorney Over 88-Year-Old Client’s Finances Transferred Victim’s Money To Himself And His Wife Took Money From Estate After Elderly Woman Died So many times we read that financial elder abuse is perpetrated on a senior by someone, like a caregiver, who is new to the […]

ATTORNEY NEWSLETTER Allegations Of Attorney-in-Fact Misuse Of POA $891,000 In Damages Claimed By Senior Title To Senior’s Home Allegedly Taken Financial powers of attorney (POAs) are extremely important legal instruments which grant appointed agents full legal authority to act for the principal who executes the POA.  The person appointed under […]

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 SEC Alleges Broker Stole $800,000 Stolen Funds Allegedly Hidden In Personal Accounts Other Complaints Of Misappropriated Funds All seniors are at risk of financial elder abuse. While strangers or new persons entering a senior’s life like a caregiver are often the predators, even those a senior has known […]

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 […]