Borrowing Money as Power of Attorney

One of the questions which I am asked over the years is whether an attorney using the authority under a power of attorney can access money held for an incapable donor to be used for other purposes than to benefit the donor. THE SHORT ANSWER IS NEVER! This situation arises most often when a child or.

Posted by John Macaulay | no comments

June 10

Q&A: Powers of Attorney

Q. What is a Power of Attorney? A Power of Attorney is a document that allows someone (referred to as a donor) to have some control over their affairs if they become incapable. By giving a Power of Attorney to a trusted person while you are still capable, you as the donor are able to.

Posted by Stephen Bunt | no comments

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