Manual document handling might be a cause of your enterprise burning off money as well as your employees losing interest in their commitments. The simplest way to increase all enterprise procedures and increase your statistics would be to deal with everything with cutting-edge software like DocHub. Deal with your documents and Save Power Of Attorney in DOC in just few seconds and save more time for relevant duties.
With DocHub, you have unrestricted use of your documents and Templates available for you at any time. Explore all functionalities today with your free DocHub account.
In this video, estate planning attorney Paul Ramilah discusses the misuse of power under a power of attorney (POA). He explains that a principal (e.g., a mother) grants POA to an agent (e.g., her daughter) to manage their affairs. Abuse occurs when the agent acts contrary to the principal's best interests, violating their legal duty. Paul addresses concerns about the extent of the agent's powers, reassuring viewers that granting someone POA does not mean they can freely access or misuse the principal's funds. The agent must always act in the principal's best interest, and responsible use of POA is crucial.