Power of attorney defaults
Jordan (not his real name) consulted me about the use of a power of attorney that appoints him as attorney for his father, Peter.
I’ll start with a quick lingo lesson. Folks commonly refer to the appointed attorney as a “power of attorney,” which is technically incorrect. Jordan is not his father’s “power of attorney.” A power of attorney is a document. By signing that document, Peter (the grantor) appointed his son as his attorney.
Adding confusion, the word “attorney” is unfortunate because most folks think of an attorney as being a lawyer.
Peter has been very generous to Jordan and his sister Samantha. On three occasions, after selling a piece of property or liquidating some investments, Peter has split the proceeds between his two adult children.
Demetia has taken........





















Toi Staff
Sabine Sterk
Penny S. Tee
Gideon Levy
Waka Ikeda
Grant Arthur Gochin