In California, your agent under a power of attorney has a duty to account to the principal who created the power. California has particular laws having to do with the power of attorney accounting by an agent acting under a power of attorney. Below you will find a basic list
When preparing power of attorney documents, California has many standards for validity of the powers. The statute that governs California’s effective power of attorney provision is found in the Probate Code. Legal sufficiency is different than logistic or practical sufficiency of the powers. First, lets talk about the legal sufficiency.
Power of Attorney Lawyer Los Angeles, Woodland Hills Ca Most people don’t know that the agent under a power of attorney owes duties to the principal (creator) of the power of attorney. Most mistakes that happen which create litigation in the power of attorney area are related to mistakes that