POA Abuse Signs: The Fraud Triangle
How to look for POA abuse signs? For starters know the Fraud Triangle. The Fraud Triangle is 1) Opportunity, 2) Pressure, 3) Rationalization. Other terms include: Perceived Opportunity, Perceived Pressure, and Rationalization. What does that mean when you are considering appointing someone as your Attorney-in-Fact or Power of Attorney agent? If your agent fits one of these three sides of the triangle, then they are likely not fit to serve as the agent of your assets. Perceived Opportunity: This is the ability to execute a plan without being caught. For instance there is no one that the POA...
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