What Are Durable Powers of Attorney?

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Wills and Trusts When someone suffers a severe accident that results in a person being unable to make any medical or financial decisions regarding their care, family members may find themselves making tough decisions for their loved ones well-being. In these situations, having a person with power of attorney could help in managing the person’s medical and financial needs by a trusted party. A person with power of attorney could help families during extremely challenging times. However, what does it really mean to have a power of attorney and what powers does that person have? A power of attorney is a document that...

How a Mediation Lawyer Could Help You

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Mediation is one of the many types of alternative dispute resolution. Mediation is done in confidentiality and carried out voluntarily by the disputing parties. The rules of mediation are easy to understand, and disputing parties can complete the process without additional assistance. Rather than have a resolution imposed by the court, mediation allows disputing parties to talk openly about their issues and reach an agreement together. However, if you are not confident that the opposing party will act appropriately during the mediation process, hire a mediation lawyer. A mediation lawyer can be hired and asked to be present at any...

Should You Sign a Prenup?

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Before tying the knot, you have the option of signing a prenuptial agreement. Also known as a prenup, these agreements can help protect each spouse’s financial interests. Maybe you have children from a previous marriage and are interested in protecting their inheritance rights. Or you’ve decided to start a business and wish to protect your ownership of that business and not have it divided by divorce. These and many other reasons are why you want to consider the pros and cons of a prenup before agreeing to sign one. Pros of Signing a Prenup Prenuptial agreements can protect each spouse’s...

Weighing Your Options: Conservatorship

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Senior woman in wheelchair with nurse helping A conservator, also known as an adult guardian in most states, is a person who has court-ordered authority to manage the affairs of those who no longer have the ability to make their own medical or financial decisions. If the incapacitated person did not set up a plan of durable powers of attorney for finances and healthcare, family members can ask the court to appoint a guardian. Conservatorship can be a life-changing decision and you may want to consider the good and the bad that comes with the incredible responsibility. Being an adult guardian can be time consuming and very...