Panel Affirms Order Requiring Former POA To Reimburse Estate By Almost $80,000

(December 6, 2022, 12:25 PM EST) -- CHICAGO — An Illinois appellate court affirmed a trial court order finding a former agent authorized pursuant to a power of attorney (POA) liable for disbursements of $76,274.99 from the accounts of a woman who is now deceased, finding that the former agent must reimburse the woman’s estate because the POA she executed created a “fiduciary duty as a matter of law” requiring him to keep an accounting of disbursements....

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