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Difference between revisions of "More Things You Should Know About Being an Attorney"
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More Things You Should Know About Being an Attorney (view source)
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, 23:22, 19 March 2018→If there are other types of fiduciaries involved
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===If there are other types of fiduciaries involved=== | ===If there are other types of fiduciaries involved=== | ||
Other fiduciaries may have authority to make decisions for Martina. For example, she may have a “committee” appointed by a court. This is a person appointed by a court to manage money and property for someone who needs help. When a court appoints a committee, every power of attorney given by the person is ended. | Other fiduciaries may have authority to make decisions for Martina. For example, she may have a “committee” appointed by a court. This is a person appointed by a court to manage money and property for someone who needs help. When a court appoints a committee, every power of attorney given by the person is '''ended'''. | ||
The Public Guardian and Trustee may be appointed as Martina’s “statutory property guardian” if she is determined to be incapable of managing her financial affairs. If this happens, every power of attorney given by Martina is suspended. The Public Guardian and Trustee will determine whether they should take over and end the power of attorney, or whether the attorney should continue to act. | The Public Guardian and Trustee may be appointed as Martina’s “statutory property guardian” if she is determined to be incapable of managing her financial affairs. If this happens, every power of attorney given by Martina is '''suspended'''. The Public Guardian and Trustee will determine whether they should take over and end the power of attorney, or whether the attorney should continue to act. | ||
Alternatively, Martina may have a “pension trustee”. This is a person appointed by a government agency to manage government money paid to someone (such as an Old Age Security pension). | Alternatively, Martina may have a “pension trustee”. This is a person appointed by a government agency to manage government money paid to someone (such as an Old Age Security pension). | ||
