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Alleged misuse of power of attorney could cost defendant

A woman from Gretna, Louisiana, is currently facing charges of bad faith and unjust enrichment for allegedly misusing her power of attorney over another woman. The lawsuit was filed earlier this year and contains language alleging that the Gretna woman stole some property and thousands of dollars during her service as a power of attorney for her friend.

The power of attorney was in place for about five years before it was revoked, giving the defendant total control of her friend's finances. The alleged victim says the defendant had the power to divert her funds as well as gain access to all of her financial records.

The alleged victim further claims the defendant outright stole her money along with a piece of her property. News reports add that the defendant used the other woman's accounts to make payments for her personal expenses to the tune of several withdrawals totaling $10,000.

On her own behalf, the defendant claims the transfer of the allegedly stolen property came about with of the other woman's agreement. She added that their alleged land deal also involved paying the property taxes out of the victim's accounts once the property transfer was complete. The case also includes allegations that the defendant physically attacked the victim after she was removed as power of attorney. The victim is seeking an unspecified amount of money in damages.

The real takeaway from this story for New Jersey residents is not to be afraid something like this could happen to you. All it takes to plan your estate securely and choose a responsible person to make decisions on your behalf is careful consideration and the guidance of a trained estate planning attorney in Jersey City.

Source: Louisiana Record, "Woman allegedly misused power of attorney to misappropriate thousands of dollars worth of funds, piece of land" Kyle Barnett, Oct. 30, 2014

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