An important part of lifetime planning is the Power of Attorney.

Written by Jeffrey Broobin

An important part of lifetime planning isrepparttar Power of Attorney. Valid in all states, these documents give one or more personsrepparttar 119283 power to act on your behalf. The power may be limited to a particular activity (e.g., closingrepparttar 119284 sale of your home) or general in its application, empowering one or more persons to act on your behalf in a variety of situations. It may take effective immediately or only uponrepparttar 119285 occurrence of a future event (e.g., a determination that you are unable to act for yourself). The latter are "springing" Powers of Attorney. It may give temporary or continuous, permanent authority to act on your behalf. A power of attorney may be revoked, but most states require written notice of revocation torepparttar 119286 person named to act for you.

The person named in a Power of Attorney to act on your behalf is commonly referred to as your "agent" or "attorney-in-fact." With a valid Power of Attorney, your agent can take any action permitted inrepparttar 119287 document. Often your agent must presentrepparttar 119288 actual document to invokerepparttar 119289 power. For example, if another person is acting on your behalf to sell an automobile,repparttar 119290 motor vehicles department generally will require thatrepparttar 119291 Power of Attorney be presented before your agent's authority to signrepparttar 119292 title will be honored. Similarly, an agent who signs documents to buy or sell real property on your behalf must presentrepparttar 119293 Power of Attorney torepparttar 119294 title company. The same applies to sale of securities or opening and closing bank accounts. However, your agent generally should not need to presentrepparttar 119295 Power of Attorney when signing checks for you.

Why would anyone give such sweeping authority to another person? One answer is convenience. If you are buying or selling assets and do not wish to appear in person to closerepparttar 119296 transaction, you may take advantage of a Power of Attorney. Another important reason to use Powers of Attorney is to prepare for situations when you may not be able to act on your own behalf due to absence or incapacity. Such a disability may be temporary (e.g., due to travel, accident, or illness) or it may be permanent.

Will further release of studies on Paxil force GlaxoSmithKline to settle?

Written by Online Lawyer Source

A study that appeared inrepparttar July 21, 2004 Journal ofrepparttar 119282 American Medical Association appeared to support previous data possibly linking antidepressants to suicidal impulses. After looking at four drugs and nearly 2,800 British adults and children, there was evidence that suicidal thoughts or attempts were four times more likely duringrepparttar 119283 first ten days of treatment than they were after three months.

The FDA is investigating antidepressants and issued a public health advisory asking ten drugmakers to strengthen suicide warnings on labels earlier this year, including popular drugs Paxil and Prozac. On Aug. 26 GlaxoSmithKline Plc, Europe's largest drug maker, said it settled a lawsuit filed by New York Attorney General Eliot Spitzer, who accusedrepparttar 119284 drug maker last June of withholding safety data that had examinedrepparttar 119285 safety of prescribingrepparttar 119286 anti-depressant medication Paxil to children. When Paxil was compared to Dothiepen users, studies found Paxil users to have 29 percent more suicidal tendencies.

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