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Real Estate & Property Law

: The Home Equity Theft Reporter

Illegal Use Of POA To Rip Off Homes, Other Assets Of The Elderly & Vulnerable Now Tougher To Pull Off In NYS ... Hopefully

By r morris

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In New York City, Time Magazine reports:Misappropriation of an elderly person's assets by someone legally authorized to oversee them may now be a lot tougher to pull off in the State of New York. New legislation that went into effect Sept. 1 ? in the form of a radically changed power-of-attorney (POA) document ? couldn't have come at a better time. "Financial abuse is one of the fastest growing

Full post as published by The Home Equity Theft Reporter on September 19, 2009 (boomark / email).

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