As an experienced Media Estate Planning Attorney I am often asked about legal liability for a power of attorney agent. Legal liability for an agent when it comes to power of attorney is they will be held liable for intentional misconduct or wrongdoing. Accidental wrongdoing will not result in any liability. This is often included in powers of attorney because agents are not paid. Having this liability protection will help induce the agent to accept their responsibilities.
Do you have questions about legal liability for a power of attorney agent? If so, contact the experienced Media Estate Planning Attorney Steven Chisholm.
This educational video was brought to you by experienced Estate Planning Attorney Steven Chisholm. Our law firm proudly represents clients throughout Media, as well as Pennsylvania, and New Jersey.