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Examples
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Now it allows adults to name outside monitors in their power-of-attorney documents, to whom agents must provide regular accounting reports.
Power Grab! Kelly Greene 2011
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There are few comprehensive statistics tracking power-of-attorney abuse per se, but the MetLife Mature Market Institute, a research unit of insurer MetLife Inc., in 2009 put the annual financial loss suffered by victims of elder financial abuse, including exploitation of powers of attorney, at $2.6 billion.
Power Grab! Kelly Greene 2011
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Caroline Yates, a homemaker in Rochester, N.Y., served as power-of-attorney for her octogenarian great uncle.
The Pearls Are Mine! Kelly Greene 2012
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Banks and brokerages, meanwhile, are taking matters into their own hands, imposing tough new hurdles on power-of-attorney claims.
Power Grab! Kelly Greene 2011
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That is prompting lawmakers to turn their attention to power-of-attorney abuse—often the first step in a swindle.
Power Grab! Kelly Greene 2011
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Estate Planning: Make sure you have a will, an appointed power-of-attorney, health-care directives and an estate plan.
Ready to Retire? Here's a Five-Year Pre-Retirement Plan. Anne Tergesen 2011
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Health-Care Confidential Possibly the most important health-care document to fill out in advance is a durable health-care power-of-attorney form.
The 25 Documents You Need Before You Die Saabira Chaudhuri 2011
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Also, make sure your heirs have access to a durable financial power-of-attorney form.
The 25 Documents You Need Before You Die Saabira Chaudhuri 2011
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Suarez was caught in part because an alert official at a Key West bank spotted an upside-down notary stamp on a power-of-attorney form Suarez's daughter used in an effort to cash a tax refund check in early 2007.
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"Even with perfectly executed power-of-attorney documents, it's still hard to get banks to honor them because they are concerned about their own liability," says Rial Moulton, a Spokane, Wash., estate-planning lawyer.
Power Grab! Kelly Greene 2011
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