Power of Attorney in Las Vegas: 3 Frequently Asked Questions

With a power of attorney document, you are giving another person, known as an agent or attorney in fact, the power to make decisions on your behalf should you become incapacitated. This person has the right to complete any legal act as outlined by the document. As you move forward with the estate planning process, you will eventually consider the benefits of creating a power of attorney. At that point, you have to learn more about the finer details, while also making key decisions, such as.. [Read More…]

Are all Bank Loan Documents the Same?

A loan agreement is a legally binding contract. If you do not abide by any of the terms of the loan agreement, a lender can impose penalties. These penalties could include charging late fees; posting negative information on your credit report; repossessing collateral if you took out a secured loan such as a mortgage or car loan; or seeking a court judgment against you and potentially placing a lien on property or garnishing wages. It is imperative that you fully understand what you are agreeing to.. [Read More…]