1,349 research outputs found
Understanding Duties and Conflicts of Interest--A Guide for the Honorable Agent
This article examines the importance of understanding agent duties and conflicts of interest, both for drafting a power of attorney that meets a principal’s objectives and for providing guidance to the agent who will act under its authority. Professor Whitton suggests that current custom and practice with respect to powers of attorney often overlooks the need to adjust agent duties to accommodate the principal’s expectations, thus resulting in inadvertent conflicts between the duty to do what the principal expects and default duties of loyalty. The article offers practical guidelines for identifying and reconciling these conflicts, as well as best practices to improve the agent’s understanding of the authority granted in the power of attorney, the principal’s expectations for exercise of that authority, and the duties an agent must meet when carrying out the principal’s expectations
The UPC Substituted Judgment/Best Interest Standard for Guardian Decisions: A Proposal for Reform
The introduction in 1997 of substituted judgment as a guiding principle for guardian decisions was a key contribution of the UPC to guardianship reform. The current UPC section 5-314(a) instructs guardians to consider the expressed desires and personal values of the ward when making decisions and to at all times...act in the ward\u27s best interest. This dual mandate for guardian decisions was intended to promote the self-determination interests of incapacitated adults. This article argues that in practice the standard has failed to achieve this goal. It analyzes the shortcomings of UPC Section 5-314(a) and other statutory decision-making standards and offers an improved decision-making model. Frolik and Whitton propose reform of Section 5-314(a) to provide better guidance for guardians, and to harmonize the standard for guardian decisions with other surrogate decision-making standards within the UPC
Realtor Liability for Innocent Misrepresentation and Undiscovered Defects: Balancing the Equities Between Broker and Buyer
The UPC Substituted Judgment/Best Interest Standard for Guardian Decisions: A Proposal for Reform
The introduction in 1997 of substituted judgment as a guiding principle for guardian decisions was a key contribution of the UPC to guardianship reform. The current UPC section 5-314(a) instructs guardians to consider the expressed desires and personal values of the ward when making decisions and to at all times...act in the ward\u27s best interest. This dual mandate for guardian decisions was intended to promote the self-determination interests of incapacitated adults. This article argues that in practice the standard has failed to achieve this goal. It analyzes the shortcomings of UPC Section 5-314(a) and other statutory decision-making standards and offers an improved decision-making model. Frolik and Whitton propose reform of Section 5-314(a) to provide better guidance for guardians, and to harmonize the standard for guardian decisions with other surrogate decision-making standards within the UPC
Caring for the Incapacitated--A Case for Nonprofit Surrogate Decision Makers in the Twenty-First Century
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