How Boomers Can Prevent Power of Attorney Abuse

By Boomeryearbook.com

The power of attorney has become a growing problem with the nation’s aging population, putting baby boomers on both sides of a despicable crime. For example, New York philanthropist Brooke Astor’s estate was milked to the tune of almost $200 million by her own son, Anthony Marshall. Although criminal charges were filed by the Manhattan District Attorney, the money has been squandered on Marshall’s greedy ego and own lavish lifestyle.

So, what can you as a Baby Boomer do to avoid power of attorney abuse?

Everyone has the right to age gracefully, and being the victim of power of attorney abuse is hardly the way to get there. What is your experience with powers of attorney? Do you know someone who has been victimized, either directly or indirectly, by a power of attorney? Tell us about it at BooomerYearbook.com.

www.boomeryearbook.com is a social networking site connecting the Baby Boomer generation. Share your thoughts, rediscover old friends, or expand your mind with brain games provided by clinical psychologist, Dr. Karen Turner. Join today to discover the many ways we are helping Boomers connect for fun and profit.