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greetings and welcome to todays edition of smart council for lunch im attorney abigail poole and i work at the law firm of samuel sayward and baylor in dedham massachusetts we concentrate our practice in the areas of estate planning elder law probate estate and trust administration today i want to talk to you a little bit about escrow agreements in connection with powers of attorney to remind you powers of attorney are legal documents that name a person called an attorney in fact to make financial decisions uh on your behalf when you are alive but cant do so yourself a person also can access your various financial accounts so because of that that document is a very powerful tool and typically to provide an extra barrier of protection what we will do is that we will retain the signed versions of the powers of attorney because we retain the signed versions of the powers of attorney we typically will have clients sign whats called an escrow agreement and its an agreement between you