A Power of Attorney (POA) is supposed to protect you, giving someone you trust the authority to handle your finances, healthcare, or legal matters when you can’t. It’s a powerful legal tool meant to safeguard your interests. But what happens when the person holding that power stops acting in your best interest?
Unfortunately, the very nature of a POA makes it easy to misuse. Once granted, your agent has access to your accounts, assets, and decisions—often without ongoing oversight. Many individuals choose a family member or close friend for the role, believing love or loyalty will be enough to ensure responsible behavior. But even trusted individuals can make questionable decisions, especially under financial stress, personal bias, or unchecked authority.
