Bill > H2855

This bill amends Massachusetts General Laws Chapter 201B to further regulate durable powers of attorney, which are legal documents allowing someone (the principal) to grant another person (the agent) the authority to make financial and legal decisions on their behalf, even if the principal becomes incapacitated. Specifically, the bill adds a provision requiring anyone acting under a durable power of attorney to act in good faith towards the principal, meaning they must act honestly and with sincere intentions. Additionally, it introduces a new section making individuals exercising authority under a durable power of attorney liable for deliberately breaching their fiduciary duty, which is a legal obligation to act in the best interest of another party.