Many factors come into the picture if you’re diagnosed with early-stage dementia. One of the important factors to consider is healthcare planning. This means more than just addressing your current medical needs. One of the difficult aspects of a dementia diagnosis is...
A power of attorney is a legal document that grants an agent the ability to make decisions on your behalf. The most common types of powers of attorney are financial powers of attorney and healthcare powers of attorney. A healthcare power of attorney gives the agent...
Powers of attorney (POA) are legal documents that authorize one person (the agent) to act on behalf of another (the principal). Powers of attorney can be extremely broad – granting your agent significant ability to access your financial accounts and make legal and...
A power of attorney is a legal document that gives a nominated party the ability to act on another person's behalf. For the most part, a power of attorney allows someone to make decisions relating to healthcare and financial and property affairs. Acting in such a...
Texas residents often choose to include powers of attorney in their estate plans. If a person becomes incapacitated by illness or injury, a properly executed power of attorney ensures that important financial or medical decisions will be made by a responsible and...
A trust is a legal document that can help securely transfer assets from an estate to beneficiaries. With the right trust, an estate may avoid taxes, probate and challenges. There are many different kinds of trusts, including pet, generation-skipping, spendthrift,...
In short, estate planning is the process of making instructions for the management of your estate. Once you start making an estate plan, you will likely quickly realize that it is not as difficult as others made you believe. However, it is easy to make mistakes when...
A power of attorney empowers a designated individual, called your agent in Texas, to act on your behalf in financial and/or medical matters, subject to conditions of your choosing. Choosing the right person for this critical role is essential. Texas law allows you to...
In the past, we’ve discussed giving someone durable financial power of attorney (POA). Just as important is the person to whom you give medical POA. Under Texas law, a person with medical POA (also known as an agent) can consult with a patient’s (principal’s) medical...
A power of attorney in Texas authorizes a person to take action on behalf of another person. When you create a power of attorney you become the principal. The person you choose to act on your behalf is the agent. Why would anyone override a power of attorney? Powers...
