Wills, Trusts, and Estates Legal Update: Protect Your Clients from Costly Litigation
Gross McGinley’s Wills, Trusts, and Estates Group has released a new Wills, Trusts, and Estates Legal Update: “Protect Your Clients from Costly Litigation” that describes the risk assumed by individuals who act as “Agents” under Durable Powers of Attorney. Author, Stuart Shmookler writes to accountants and financial planners who’s clients are designated as Agents for loved ones and describes scenarios where Agents were summoned to court based on their actions as an Agent. In the update, Stuart enforces that “ignorance of the law is no excuse for the Agent to fail to meet their fiduciary obligations.”
If you would like to further discuss Powers of Attorney or any other estate matter, please contact us today.
