What personal liability will my daughter have if I make her my power of attorney?

Full question:

What personal liability will my daughter have if I make her my power of attorney? Is there liability beyond financial liability for her? Can she be sued if my in home aid, whom she will hire as my POA is hurt while taking care of me in my home? Is she personally liable for any damages resulting from my negligence?

Answer:

Please see the information at the following links:


http://definitions.uslegal.com/p/power-of-attorney/

http://lawdigest.uslegal.com/estate-planning/power-of-attorney-overview/7331/

http://lawdigest.uslegal.com/power-of-attorney-and-health-care/general/

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Yes, a power of attorney (POA) can make you financially liable if you mismanage the principal's assets or act outside your authority. The POA is expected to act in the best interest of the principal. If you fail to do so, you may be held responsible for any financial losses incurred.