Four Key Duties of a Fiduciary: Difference between revisions
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Four Key Duties of a Fiduciary (view source)
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==Duty 3. Act within the authority you are given and within the law== | ==Duty 3. Act within the authority you are given and within the law== | ||
An attorney must act within the authority '''given in the power of attorney''' and '''under the law'''. | An attorney must act within the authority '''given in the power of attorney''' and '''under the law'''. | ||
[[File:Managing Money for Someone Else-Contents-3.jpg|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.istockphoto.com</span>]] | |||
In managing Martina’s affairs, you must take into account any directions she made in the power of attorney document. Don’t do something different from her directions, even if you have the best intentions. | In managing Martina’s affairs, you must take into account any directions she made in the power of attorney document. Don’t do something different from her directions, even if you have the best intentions. | ||