Section 9.37 Compensation for Attorney in Fact

LibraryTrusts and Powers 2013 Supp

f. (§9.37) Compensation for Attorney in Fact

Section 404.725, RSMo 2000, is among several sections of the DPA Act that is not incorporated by reference into the DPAHC Act through § 404.810, RSMo 2000. Thus, the law provides for compensation under a general power of attorney, but is silent as to compensation of an attorney in fact acting under a DPAHC. One thought is that compensation is a financial matter that should be governed by the DPA Act and not the DPAHC Act.

If a principal chooses to designate an...

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