Page 13 - Senior Link Magazine Winter 2022 - Online Magazine
P. 13

SENIOR RESOURCES






                You are NOT the Power of


                  Attor             ne      y     O    VER              a P         er    son
                  Attorney OVER a Person



                                                                                            by Lee Franks


                 omeone, although there is controversy about    attorney because they do not want to give up control
                 just whom, has said that they were less worried   or put someone else in charge. I try to make them
             Sabout what a person did not know than what a      more comfortable with the idea of a financial power of
             person might know that just was not true. In my line   attorney by pointing out that having an agent actually
             of work, I often put more effort into correcting than   increases their ability to get things done since they
             educating. In particular, I try to correct one phrase   would have a helper who is legally obligated to act in
             that I hear more than any other: some variation of “I   their best interest. Medical powers of attorney have
             am power of attorney over my mother.”  The phrase is   some complicating features, but because the agent is
             doubly wrong and may be responsible for any number   never ‘over’ the principal, the agent does not have the
             of people refusing or hesitating to execute a power of   authority to make the principal take an aspirin, much
             attorney.                                          less admit them into a medical facility against their
                                                                wishes.
 RaveOnLBK.com  The confusion arises from a misconception of what
             defines a power of attorney and what the role is of the   Effective financial and medical powers of attorney are
 806.451.1837  |  1300 Mac Davis Ln. Lubbock, TX 79401  person wielding it. Unless incapacity interferes with it,   critical to ensuring that a person has all the help that
             a person possesses the right or the power to manage   they may need to manage their affairs now and in the
             his or her own property, financial and legal affairs,   future. Do not let unfortunate phrasing cause someone
             and medical care. Generally, a person or “principal”   to hesitate to get them done.
             has the right to share with another person or “agent”
             the authority or power to exercise certain defined
             rights for the principal. To do so legally, the principal
             executes a written power of attorney, detailing
             the authority being granted to the agent and the
             restrictions under which the agent may operate. By
             accepting the power of attorney, the agent becomes a
             fiduciary, owing certain obligations to the principal,
             including the duties to act in good faith, not to
             exceed the authority granted, to act loyally for the
             principal’s benefit, to act always in the principal’s
             interest, and to disclose when the agent is acting on
             the principal’s behalf.

             Involuntary servitude ended in our country over
             150 years ago, so no one may force another to act for
 Dine with Us  them; therefore, an agent does not have to accept the
             office, but having done so, the agent agrees to the
             duties owed. Similarly, the principal may revoke the
             power of attorney or the agent’s authority at will.
 Tucked away inside The Buddy Holly Hall of Performing Arts and Sciences, Rave On is a stylish, upscale   I often remind my clients (and their agents) that
 casual restaurant that pays homage to the 1958 Buddy Holly hit. Join us for a dining experience   another term for agent is servant. The term does not
 celebrating Buddy Holly’s West Texas roots and worldwide influence. Dine with us for lunch, dinner, or   describe the role of agent precisely, but it helps to
 your next special event and feel the magic for yourself.  counter the common misstatement that the agent is
             the power of attorney, and that the agent has some
             kind of authority over the principal.

             Often, I have had clients tell me that they have
             not granted anyone financial or medical power of




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