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AARP
AARP Report Urges Adoption of Stronger State Laws to Prevent Power of Attorney Abuse
December 19th, 2008
A large majority of state laws lack protections for individuals creating financial powers of attorney, according to a report released by AARP's Public Policy Institute. Presented at the 8th Annual National Aging and Law Conference, the report urges state legislatures to adopt the Uniform Power of Attorney Act (UPOAA), a model law that lays the groundwork for keeping seniors safe from abuse, while allowing them to plan for the future. A power of attorney is a legal document used by an individual to empower someone else to act on their behalf, and often is aimed at allowing the appointed agent to act when an older person no longer can. "As the...
Source: Health Business Week (2008-12-19)
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