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Centre for Policy on Ageing | |
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Durable power of attorney financial planning tool or license to steal? | Author(s) | Mirry M Hwang |
Journal title | The Journal of Long Term Home Health Care : the PRIDE Institute Journal, vol 15, no 2, Spring 1996 |
Pages | pp 13-23 |
Keywords | Court of protection ; Financial services [older people] ; Elder abuse ; United States of America. |
Annotation | The power of attorney is a legal device which gives one person the right to transact business on behalf of another. While a durable power of attorney can be a useful estate planning device for older people, the potential for abuse can be great, particularly since there is little regulation on its use. This article uses a case study to illustrate inherent problems. It suggests ways of preventing abuse and theft of life savings, once identified. (RH). |
Accession Number | CPA-980129207 A |
Classmark | JVC: J: QNT: 7T |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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