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Financial Institutions Durable Power of Attorney

Warner Norcross + Judd

Michigan’s New Uniform Power of Attorney Act Effective July 1

Warner Norcross + Judd on

Michigan’s new Uniform Power of Attorney Act (UPOAA) becomes effective on July 1, 2024. This law serves several purposes, which include preventing financial exploitation of vulnerable individuals and making standard power of...more

Cole Schotz

New Jersey Court Holds Financial Institutions are Not Required to Report Suspected Elder Fraud

Cole Schotz on

In a case of first impression, the Superior Court of New Jersey held that financial institutions do not have an affirmative duty to report suspected fraud upon senior citizens or vulnerable individuals. See Lucca v. Wells...more

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