In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation." Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states.
updated May 05, 2021 · 7 min read. A power of attorney (POA) is a document that allows you to appoint a person or organization to manage your property, financial, or medical affairs if you become unable to do so. However, all POAs are not created equal.
A medical power of attorney also called a durable healthcare power of attorney, grants your agent authority to make medical decisions for you. Your agent will have this power if you are unconscious, mentally incompetent, or otherwise unable to make decisions on your own.
An attorney-in-fact is a person you've assigned to manage your affairs through the power of attorney document. This person is an agent acting on your behalf, also called a fiduciary.
P.A. designation usually appears after the name of a law firm. It stands for professional association and indicates that the lawyer has formed a specific entity to run the law firm. This strategy helps reduce the lawyer's personal liability associated with the firm. The P.A.
PA (Professional Association): A type of corporation that provides most of the benefits of incorporation but do not relieve the participants of professional (malpractice) liability. This type of organization is common among accountants, doctors, and lawyers.
Professional Association“P.A.” is the abbreviation for “Professional Association”, a business corporation engaged in a primary business that provides a professional service.
Pennsylvania (US postal abbreviation)
For example, a PA may be composed of attorneys or accountants. A limited liability company (LLC) is a type of company in which taxes “flow through,” so the members, rather than the company, pay taxes on the profit.
"Esq." or "Esquire" is an honorary title that is placed after a practicing lawyer's name. Practicing lawyers are those who have passed a state's (or Washington, D.C.'s) bar exam and have been licensed by that jurisdiction's bar association.
A physician assistant (PA) is a licensed medical professional who holds an advanced degree and is able to provide direct patient care. They work with patients of all ages in virtually all specialty and primary care areas, diagnosing and treating common illnesses and working with minor procedures.
physician assistantA health professional who is licensed to do certain medical procedures under the guidance of a doctor. A PA may take medical histories, do physical exams, take blood and urine samples, care for wounds, and give injections and immunizations. Also called physician assistant.
Florida, for example, says the company's name must include PL, PLLC or PL in full form as "professional liability company."
AAL. (redirected from Attorney at law)
Atty.The attorney abbreviation “Atty.” is commonly used while referring to lawyers who practice law in the United States. It is mainly observed in legal circles where it can be found in reference to lawyers as shorthand during note taking and in correspondences within and between law firms.
Physician assistants are integral members of the health care team in many hospitals and clinical practices. The role of the physician assistant (PA) is to practice medicine under the direction and supervision of a licensed physician.
P.L. stands for a Professional Limited Liability Company. A limited liability company does not follow the same rules of business organization that corporations follow.
The designations refer to the law firm for which the attorney works and the way in which the firm is organized (e.g., corporation, partnership, sole proprietor, etc.).
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege.
A health care power of attorney grants your agent authority to make medical decisions for you if you are unconscious, mentally incompetent, or otherwise unable to make decisions on your own. While not the same thing as a living will, many states allow you to include your preference about being kept on life support.
Power of attorney is essential in the event that you're incapacitated or not physically present to make decisions on your own behalf. Learn more in our in-depth guide.
If you think your mental capability may be questioned, have a doctor verify it in writing. If your power of attorney doesn't specify requirements for determining mental competency, your agent will still need a written doctor's confirmation of your incompetence in order to do business on your behalf. A court may even be required to decide the ...
Trust is a key factor when choosing an agent for your power of attorney. Whether the agent selected is a friend, relative, organization, or attorney, you need someone who will look out for your best interests, respect your wishes, and won't abuse the powers granted to him or her. It is important for an agent to keep accurate records ...
No power of attorney document is legally binding before it's signed and executed according to the laws of your state. This means that no agent can make decisions on your behalf before the POA document goes into effect. You must also be of sound mind when you appoint an agent. You can view more about the creation of a power of attorney in the infographic below.
If you recorded your power of attorney at your county recorder's office , you should record the revocation in the same place.
A person who acts under a power of attorney is a fiduciary. A fiduciary is someone responsible for managing some or all of another person's affairs. The fiduciary must act prudently and in a way that is fair to the person whose affairs he or she is managing.
PC. In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation. ". Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states.
The professional corporation is a business structure specifically allowed for in some state statutes. Like corporations, it allows directors and employees some protection from corporate liability. However, professional corporations are distinctly different than traditional "C" corporations in several ways.
Professionals. Another key difference between corporations and professional corporations is only licensed professionals can be a part of a PC. Typically, the only professionals who may form a PC are those who must have some sort of state and/or federal license to practice their profession.
However, professional corporations typically do not offer the same level of liability shielding.
Like other corporations, professional corporations must be registered with the state in which they are formed. For example, the state of Iowa allows professionals to form professional corporations. The state requires these structures to file documentation, such as the articles of incorporation and the business name, with the secretary of state's office.
Because licensed professionals must adhere to a strict code of professional ethics, professional corporations cannot shield these workers from those ethical requirements. Any liability arising from lapses in ethical conduct can still attach to members of a professional corporation.