Understanding Power of Attorney Responsibilities and Liabilities: What You Need to Know
Discover the essential responsibilities and liabilities of holding a power of attorney (POA) in our in-depth article. Learn about the various types of POA, the critical decision-making roles agents face in finance and healthcare, and the legal consequences of mismanagement. We provide best practices for acting ethically and fulfilling your duties effectively, ensuring both the principal's and your interests are safeguarded. Stay informed and empowered with this vital information!