May 13, 2009 #1 C camille28 New Member Assuming I act in the best interest of someone I have financial power of attorney for, are there any legal drawbacks in it for me?
Assuming I act in the best interest of someone I have financial power of attorney for, are there any legal drawbacks in it for me?
May 14, 2009 #2 D dee_dub Moderator You could always be sued and be required to defend your action. Other than that, no. POAs are also free to relinquish their power. If you find it's onerous, you can bail.
You could always be sued and be required to defend your action. Other than that, no. POAs are also free to relinquish their power. If you find it's onerous, you can bail.
