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The Uniform Power of Attorney Act: New Solutions to Old Problems

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dc.contributor.author Beyer, Gerry W.
dc.date.accessioned 2011-03-29T14:09:46Z
dc.date.available 2011-03-29T14:09:46Z
dc.date.issued 2009-04
dc.identifier.uri http://hdl.handle.net/10601/1286
dc.description.abstract This article examines some of the provisions in the 2006 Uniform Power of Attorney Act and how they attempt to meet some of the challenges that durable powers face with a focus on formalities in drafting, standards of conduct for an agent, an agent’s powers and authority, and overcoming the dishonoring of the document. The UPOAA does an admirable job of modernizing power of attorney law to reflect legislative trends and collective best practices. The enhancements should facilitate the acceptance of durable powers and make it more difficult for devious individuals to abuse the powers. The Act, however, is not the “end all” of power of attorney practice, and thus the practitioner must be vigilant to ascertain the principal’s desires, consider the applicable law and facts, and then customize the power to meet the client’s needs.
dc.language.iso en_US en_US
dc.publisher Estate Planning Studies
dc.relation.uri http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1396502
dc.subject Agency en_US
dc.subject Drafting formalities en_US
dc.subject Power of attorney en_US
dc.subject Multiple agents en_US
dc.subject Standard of conduct en_US
dc.subject Uniform Power of Attorney Act
dc.title The Uniform Power of Attorney Act: New Solutions to Old Problems en_US
dc.type Article en_US

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