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Understanding Power of Attorney

Power of attorney misuse. Did someone take your money with a power of attorney? Did you trust someone by giving them a power of attorney? What just happened? A power of attorney is a dangerous document in the wrong hands. A power of attorney can be used to transfer real estate, to withdraw money from a bank account, or to change beneficiaries on things like bank accounts, IRAs, and life insurance. You’re thinking about bringing a lawsuit regarding someone who abused the power of attorney. The clock is ticking.