Monday, August 23, 2010

Can anybody give me some advice on a legal matter?

My brother was a successful businessman. Unfortunately he developed recurring type of brain tumour and has been operated 3 times. His condition in the last few months, after his third has degenerated. He is unable to use his right hand and leg, has virtually no short term memory and cannot speak his thoughts. He is totally frustrated. He has now lost his business and owes heavily. Since he was a businessman, there are many legal matters that need to be taken care of on his behalf. There are some cases that he had filed long ago for recovery of money and needs to file more. However, there is no one in his family who can handle any such matters at all. His wife needs to be beside 24 hours a day and does not comprehend any bus/legal matters. His elder son who is 25 is away at work in another city and cannot give the time and energy required to sort out the messy business affairs. His younger is still studying. Would it be advisable for me to accept the power of attorney?Can anybody give me some advice on a legal matter?
It would be advisable for you to employ a lawyer.Can anybody give me some advice on a legal matter?
If u are willing to take on the big responsibility, i say, get a power of attorney and sort ur brother's business mess..hopefully ur brother will still recover from this health slump and can still express his gratitude to you. Make sure u have the wife's and oldest kid's authority to do it as well...as legally they are the next of kin that should be taking over when ur brother is not able to conduct his business.
that's so sad.depends on your position if you aren't high like he was then i suggest no. because it is business.
You should accept the power of attorney to help your brother, as he really needs you, and just learn as you go, do the research and seek some legal advice as to what to do in each case, attorneys get very expensive, seek free legal advice there is lots of it on the www, I would ask for help from other siblings, try to collect as much money as possible and then if he has some big debts, he might have to file bankruptcy, I recommend you contact Suze Orman, or email her, let her know the situation, she is a great and famous financial expert advisor, go to her web.





Best of luck, you are doing a great thing helping your brother.
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