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A power of attorney can be used to delegate legal power to some other person. The key (the person granting the power of attorney) gives the agent, also known as the attorney-in-fact, the power to create appropriate decisions on his/her behalf, including handling bank accounts, real estate, and other assets. The possibility of fraud exists in most power of attorney arrangement, through self working, embezzlement, and illegitimate gifting. In some circumstances, an estate will be significantly depleted by a power attorney holder, making the heirs of the key with little or no inheritance. Different ways when a power of attorney may be abused include changing beneficiary designations on life insurance or annuities, and opening bank accounts with joint name or pay on death conditions in favor of the agent. The creation of a power of attorney could be pushed under the causes of lack of capacity or the creation did not follow proper formalities. If your validly granted power of attorney is abused from the agent, reasons might exist to sue the agent for the reunite of embezzled home or for monetary damages. The agent can be sued by the principal directly, if the principal remains living at the time of the motion. In many situations, the energy of attorney abuse is part of a broader sample of elder abuse. When the key has died by the time the energy of attorney punishment has been found, the principal's estate or the intended beneficiaries of the house could be able to sue the agent for breach of fiduciary duty, tortious interference with estate planning, or a number of other causes of action. As a result of potential for abuse with a power of attorney, their use should be limited. If people require to dig up further on [http://www.purevolume.com/prisontrial93/posts/4307136/What+You+Ought+To+Know+When+Hiring+A+Lawyer+ book] , there are thousands of online libraries you might think about pursuing. My girlfriend learned about [http://www.tima.org.tw/ayat/?q=node/276556 plymouth new hampshire dwi attorneys] by browsing the Internet. Several individuals developing a power of attorney can keep the device with the drafting attorney until the conditions causing the activation of the power have already been triggered, including the incapacity of the principal.New Hampshire DWI Lawyers Attorney Dan Hynes - The NH DWI GUY 10 Ferry St #441 Concord, NH 03301
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