Is power of attorney responsible for nursing home bills?
As your parent’s power of attorney, you’re responsible for ensuring their nursing home bills are paid for through their assets and income. However, you aren’t ...
What are the disadvantages of a power of attorney?
The biggest drawback to a power of attorney is that an agent may act in a way that the principal would disapprove of. This may ...
Can I get a power of attorney if my parent has dementia?
No, if your parent already has cognitive impairment, they can’t legally sign the documents required to set up a power of attorney. This is one ...
What are the four types of power of attorney?
The four types of power of attorney are limited, general, durable and springing durable. Limited and general POAs end when the principal becomes incapacitated, so ...
How do I get power of attorney over my elderly parent?
The first step to getting power of attorney over an elderly parent is to research powers of attorney, understand how these documents work in your ...
What Type of Debts Does Chapter 7 Discharge?
Among the debts Chapter 7 can discharge are: Credit card debt Personal loans Medical bills Other past-due bills Student loans are in the unsecured debt ...
Do I need to consult a lawyer to close down a business?
It is wise to consult a lawyer when dissolving a business, whether you’re simply shutting it down, declaring bankruptcy, or merging it with another company. ...
When do I need to worry about copyrights, patents, and trademarks?
A trademark protects anything that distinguishes goods or services as belonging to a specific company, such as a logo or a tagline. Copyrights protect written ...
What official meetings are required for running a business? How do I document that?
Officially documented meetings are generally reserved for corporations. The first meeting after a corporation is founded is called an organizational meeting and, as the name ...
Does a lawyer need to write my contracts?
No, you can draft your own contracts, but there’s a reason you may need an expert in legalese. Lawyers can ensure your contracts are enforceable ...