Centre for Policy on Ageing
 

 

Durable power of attorney
 — financial planning tool or license to steal?
Author(s)Mirry M Hwang
Journal titleThe Journal of Long Term Home Health Care : the PRIDE Institute Journal, vol 15, no 2, Spring 1996
Pagespp 13-23
KeywordsCourt of protection ; Financial services [older people] ; Elder abuse ; United States of America.
AnnotationThe 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 NumberCPA-980129207 A
ClassmarkJVC: J: QNT: 7T

Data © Centre for Policy on Ageing

...from the Ageinfo database published by Centre for Policy on Ageing.
 

CPA home >> Ageinfo Database >> Queries to: webmaster@cpa.org.uk