Tale No. 4. “Don't make a straight line crooked…”

As Matthew McConaughey advised on the “Tonight Show with Steven Colbert” on 08/24/17.

A client prepared and executed a two page general power of attorney. The client’s attorney asked to review it and then advised the client it was not adequate; the Durable Power of Attorney drafted by the attorney was 42 pages long and described in exacting detail each and every one of the “powers” of the attorney in fact. But the POA drafted by the attorney did not specifically state the attorney in fact could close the bank account of the client’s deceased spouse (which was originally the intended purpose of the POA), and the bank’s legal department was unable to determine whether that could be inferred from any of the “powers” enumerated. The two page POA saved the day.