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Hello! My name is***** you for your question. I'm reviewing it now, and will post back again shortly.
You are correct.
First, you do not own her shares and will not until she dies.
You are partially responsible for her finances and that means you are partially responsible for these shares. You don't own them.
But even if you did you still have to make full disclosure at all times to the minority shareholders.
But more than when you act under a POA you must keep impeccable records of all you do on behalf of the granter of the POA and must provide records when asked to any other person acting under a POA now and to the executor and if asked to the beneficiaries when she does.
I know this is not at all what you wanted to hear but you are entirely misunderstanding the law and you need to know the law before you go to court. If you say you don't have to show this because you own 75% of the shares you are going to lose and get an order against you for the other party's costs and will need to pay a large part of them.
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