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What are my Duties as Agent on a Power of Attorney?

Your mom has appointed you as her agent on her power of attorney. Now what?

All powers of attorney signed on or after September 12, 2010, must be signed by the agent (you), acknowledging your appointment in order for you to act. The power of attorney document informs the agent (you) of your legal responsibilities: to act according to the principal’s instructions, or where there are no instructions, in the principal’s best interest; avoid conflicts that would impair your ability to act in the principal’s best interest; and keep records of your transactions as agent. Continue reading “What are my Duties as Agent on a Power of Attorney?”