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Power of Attorney, Legal Forms - Agent's obligations to a Principal

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Power of Attorney<br>Related Legal Information  

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Agent's obligations to a Principal.


The Agent is obligated to act in the best interests of the Principal. An Agent is a fiduciary, with strict standards of honesty and loyalty to the Principal. An Agent must safeguard the Principal's Property, and keep it separate from the Agent's personal Property. Money should be kept in a separate bank account for the benefit of the Principal, and Agents must also keep accurate financial records of their activities, and provide complete and periodic accountings for all money and Property coming into their possession. Instruct your Agent to provide accurate records of all transactions completed for you, and to give you periodic accountings. You can also direct your Agent to provide an accounting to a third party - a member of your family or trusted friend--in the event you are unable to review the accounting yourself.
 
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There different types of powers of attorney  

Different types of powers of attorney

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Protect your relationship by POA

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Who Will Make Life or Death Decisions?

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Combine Solicitation - USCGC CROCODILE - Dock Side Repairs W5

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(2) The Assignments, Disputes, Payments, Invoice, Other Compliances, Compliance with Laws Unique to Government Contracts, and Unauthorized Obligations paragraphs of this clause. (3) The clause at 52.212-5. (4) Addenda to this solicitation or contract ...
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Thanksgiving: Daniel Webster's Plymouth Oration

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Next to the sense of religious duty and moral feeling, I hardly know what should bear with stronger obligation on a liberal and enlightened mind, than a consciousness of alliance with excellence which is departed; and a consciousness, too, that in its ...
Thanksgiving: Daniel Webster's Plymouth Oration
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