What are my agent’s responsibilities under a durable power of attorney?

Your named attorney-in-fact (agent) is responsible for carrying out your wishes and handling your affairs on your behalf to the extent authorized in the legal document itself.

While serving, your attorney-in-fact is acting in a fiduciary capacity for you. This means that he or she must act responsibly and in a manner that is in your best interests.

Your agent should maintain a record of transactions handled as your attorney-in-fact. You have the right to ask for statements of the agent's transactions and actions on your behalf, which your agent must provide.

Your agent must also honor your wishes. If you revoke your durable power of attorney, he or she must immediately stop accessing your information and transacting business on your behalf.

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