Legal Question in Elder Law in New York

Power of attorney responsibilities

My uncle was power of attorney for my Aunt.He cashed in U.S. savings bonds in my name and my Aunts name.My aunt told me about the bonds before her death.He never informed me that the bonds existed.Some were cashed in after her death(when his power of attorney ceased).I researched the bonds and was provided photograph copies from the US Treasury Dept of Public Debt.Was this illegal or a crime? What can I do about it? Thank you.


Asked on 3/31/03, 10:29 pm

1 Answer from Attorneys

Debra Palazzo Law Offices of Debra Palazzo, LLC

Re: Power of attorney responsibilities

Your Uncle may have cashed the bonds in after your Aunt's death as her Executor if he was named so in her will. If he cashed in bonds that were in your name you can bring an action for conversion in civil court. Would need to see your copies to advise further.

Debra Palazzo, Attorney

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Answered on 4/01/03, 9:07 am


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