{"id":4596,"date":"2017-04-14T16:56:27","date_gmt":"2017-04-14T20:56:27","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=4596"},"modified":"2017-04-14T16:56:27","modified_gmt":"2017-04-14T20:56:27","slug":"agent-surcharged-for-breaches-of-fiduciary-duties","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=4596","title":{"rendered":"Agent Surcharged for Breaches of Fiduciary Duties"},"content":{"rendered":"<p>Agent under power of attorney who was appointed &#8220;to serve jointly&#8221; with co-agent, but who acted alone, is surcharged for unexplained or unaccounted for expenditures, for changing an IRA beneficiary to herself, which was inconsistent with the principal&#8217;s intent as expressed in her will, and for unauthorized purchases on the principal&#8217;s credit card, all of which were the result of self-dealing and failure to exercise common prudence in the exercise of her fiduciary duties. \u00a0<em>Nixon Power of Attorney<\/em>, 7 Fid.Rep.3d 81 (O.C. Philadelphia Co. 2016).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agent under power of attorney who was appointed &#8220;to serve jointly&#8221; with co-agent, but who acted alone, is surcharged for unexplained or unaccounted for expenditures, for changing an IRA beneficiary to herself, which was inconsistent with the principal&#8217;s intent as &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=4596\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[593,575,162,161],"class_list":["post-4596","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-agents-duties","tag-agents-liability","tag-self-dealing","tag-surcharge","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/4596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4596"}],"version-history":[{"count":1,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/4596\/revisions"}],"predecessor-version":[{"id":4597,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/4596\/revisions\/4597"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}