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December 9, 2008

Elder Abuse Prevention: Tips Re Power of Attorney (USA)

Power of attorney can be valuable and dangerous tool
By Sandra Block
December 9, 2008

The power-of-attorney document is a powerful estate-planning tool that can be used to protect your interests if you become incapacitated.

But in the hands of someone who is dishonest or desperate, it can also create a powerful incentive to steal, advocates for the elderly say.

Some tips:

• Understand what you're giving away.
• Choose your agent carefully.
• Once you've selected an agent, consider establishing some kind of oversight.
• onsider getting legal advice
• Understand that your power-of-attorney document can be changed.

Abridged
SOURCE: USA Today
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Please go to source for full-text.

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Any Charges Reported on this blog are Merely Accusations and the Defendants are Presumed Innocent Unless and Until Proven Guilty.

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