Are You Acting Pursuant to a Power of Attorney?

Just a reminder to keep comprehensive records if you are acting as an attorney-in-fact under a power of attorney in California. For every action you take on behalf of another person as that person's attorney-in-fact, you must keep records of all of your transactions.

California Probate Code Section 4236, subdivision (a) requires “[t]he attorney-in-fact shall keep records of all transactions entered into by the attorney-in-fact on behalf of the principal.” 

Please seek the advice of counsel if you are executing a power of attorney or acting pursuant to a power of attorney. It is an important legal document.