What are the disadvantages of a durable power of attorney? Potential downsides include agent abuse, loss of control, difficulty revoking, conflicts of interest, and agent burden. Careful agent selection and planning are crucial to mitigate these risks.
loss of control
What Are the Disadvantages of Power of Attorney?
What are the disadvantages of power of attorney? While convenient, a POA can risk abuse, loss of control, and family disputes. Choose your agent wisely and seek legal advice to mitigate these potential issues.