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20, by Name of Attorney in Fact, as Attorney in Fact  Form

20, by Name of Attorney in Fact, as Attorney in Fact Form

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hey there i'm a state planning attorney paul ramilah and in this video we're going to talk about how someone misuses or abuses the power they have under a power of attorney so we've seen it often an example where let's say mom signed a power of attorney and mom who created the power of attorney is called the principle and let's say in our circumstance mom granted power of attorney to daughter daughter is what's called the agent and that power of attorney abuse takes place when someone who has been given the power of attorney the agent takes an action that is not in the best interest of the person who gave the power of attorney called the principal so the agent under a power of attorney does have a legal duty to act in the best interest of the principal sometimes people ask me paul if if i give my son power of attorney that means he can just go to the bank and take all of my money and do whatever he wants to with it because i gave him powe

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