Definition of intangible asset in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is intangible asset? Meaning of intangible asset as a finance term.
Home > Guardianship vs Power of Attorney: Whatâs the Difference? In elder law, some of the most commonly used terms among attorneys can be hard to understand for a client. Two of those terms are guardianship and power of attorney. Although similar, the two are very different in a court of law. If youâre looking to start the elder care process, you should be sure to know what exactly you are needing to protect the care of your loved ones.
Through granting power of attorney, an elderly person can give someone they trust the power to speak for them if they can no longer do so. Elder law governs how power of attorney is established and what obligations a trusted person will take on. There are also laws that protect the elderly from nursing home abuse and impose liability for negligent acts that wind up injuring an elderly patient.