United States:
How Recent Changes To Pennsylvania’s Power Of Attorney Law May Impact You (Podcast)
17 December 2014
Fox Rothschild LLP
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A ruling by the Pennsylvania Supreme Court about a woman who was
severely injured and whose hastily executed power of attorney was
used to select retirement benefits has led to a new state law.
Known as Act 95 of 2014, this new law goes into effect
January 1, 2015, and is intended to protect older residents as well
as those who accept the power. Some provisions of the law, however,
are already in effect.
In this podcast, Linda Rhone Enion details the case that
led to the new law and highlights the changes in the Act as they
impact financial institutions and agents.
Click here to listen to the
podcast.
If you prefer to download the transcript, click here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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