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Delete Currency from the Medical Power Of Attorney

Delete Currency from the Medical Power Of Attorney

Aug 6th, 2022

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How to Delete Currency from the Medical Power Of Attorney

4.7 out of 5

43 votes

In this video, estate planning attorney Paul Ramilah discusses the misuse of power of attorney (POA). He explains that when someone, like a daughter acting as an agent, is granted POA by the principal (in this case, the mother), they have a legal duty to act in the principal's best interests. Abuse occurs when the agent takes actions that benefit themselves rather than the principal. Ramilah addresses common concerns about power of attorney, clarifying that granting POA does not give the agent the unrestricted right to access and misuse the principal's assets, such as taking all their money from the bank.

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