AB Law Blog
Obtaining a Power of Attorney for Elderly Parents
According to the American Bar Association, POAs are legal documents, which vary between states, that provide a person, or several individuals, with the power to perform actions on behalf of someone else. The individual with a POA is an agent, whereas the principal refers to the person who is having their affairs managed by other individuals. Agents can only perform actions outlined within the POA document. Moreover, if someone agrees to a POA, they can still make their own decisions, providing they can still do so coherently. This means the agent cannot make exclusive decisions on behalf of the principal…
How to Leverage Debt to Grow Your Business
If you aren’t sure how to finance your business’s growth or feel resistant to the idea of taking out debt to do so, we’re going to share with you why you don’t need to be afraid of going into debt for your business and how to do so in a responsible way that sets you and your business up for success…
Your Rights As The Parent of a Young Adult – What You Need to Know When a Medical Crisis Hits
The day your child turns 18, he or she becomes an adult and has the legal rights of an adult. This means that you lose your prior held rights to make medical and financial decisions for your child unless your child executes legal documents giving you those rights back. Without the proper legal documents, accessing medical information and even being informed about your adult child’s medical condition can be difficult and in some cases, impossible…
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