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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  

Power of Attorney
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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Buffalo Thunder Development Authority Announces Proposed Private Offer to ...

SYS-CON Media (press release)
The consideration for each $1,000 principal amount of Existing Notes (including accrued and unpaid interest thereon) validly tendered, and each consent validly delivered in the Consent Solicitation, on or prior to the Expiration Date will consist of (i ...
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Credits For First-Time Home Buyers

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Credits For First-Time Home Buyers
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