Legal Question in Family Law in Washington
power of attorney
how liable is the power of attorney if substantial monies are used that cannot be accounted for and that the person for whose power you have does not know where the monies went.
Asked on 2/15/98, 1:28 pm
1 Answer from Attorneys
Andrew Sargent
Law Office of Andrew H. Sargent
power of attorney
Your questions is confusing. However, as the holder of a power of attorney you are the agent of the grantor and owe then a duty. If you did not lose or misappropriate the money you may have not liability. However, if you had sole control over the funds you would be liable if you can not explain the missing funds. You need to retain an attorney and discuss all the facts. What you tell the attorney is privilaged. What you send in an e-mail may not be so do not provide details except to you attorney.
Answered on 3/01/98, 8:46 pm
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