“A friendly neighbor offers to go pick up an elderly couple’s license plates. He has them sign a specific power of attorney for that sole purpose, printed from an automobile-club website. He takes that to the bank and uses it to withdraw money from the couple’s account.”
“Power of attorney: It’s easily abused”
‘How to protect ailing relatives from fraud and abuse’
Excellent article by renowned journalist and prolific writer Elizabeth O’Brien (Wall Street Journal’s MarketWatch).
http://www.marketwatch.com/story/power-of-attorney-its-easily-abused-2013-03-19
“Power of attorney: It’s easily abused”
‘How to protect ailing relatives from fraud and abuse’
Excellent article by renowned journalist and prolific writer Elizabeth O’Brien (Wall Street Journal’s MarketWatch).
http://www.marketwatch.com/story/power-of-attorney-its-easily-abused-2013-03-19
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