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Difference between revisions of "Four Key Duties of a Fiduciary"
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Four Key Duties of a Fiduciary (view source)
Revision as of 06:39, 14 December 2017
, 06:39, 14 December 2017no edit summary
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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== | ||
[[File:Managing Money for Someone Else-Contents-3.jpg|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.istockphoto.com</span>]] | |||
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'''. | ||
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. | ||