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...
Estate Planning And Probate
Selecting an agent for your Texas power of attorney
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Apr 9, 2024 | Estate Planning And Probate
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...
Why you need to designate a medical POA and what to consider as you do
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 25, 2024 | Estate Planning And Probate
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...
How to override a Texas power of attorney
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 13, 2024 | Estate Planning And Probate
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...
Financial power of attorney authority can inspire challenges
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Feb 7, 2024 | Estate Planning And Probate
In Texas, a financial power of attorney (POA) is a legal document that grants an individual, known as the agent, the authority to make financial decisions on behalf of another person, known as the principal. This role encompasses various responsibilities, from...
Common reasons for trust disputes
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Jan 26, 2024 | Estate Planning And Probate
When managing a trust, various complexities can lead to disputes among those involved. Trust disputes commonly stem from specific issues related to the trustee's actions, the validity of the trust, or the interpretation of its terms. Understanding these common reasons...
3 common mistakes involving powers of attorney
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Jan 11, 2024 | Estate Planning And Probate
A power of attorney (POA) is a legal document that grants someone the authority to make decisions on your behalf. Typically, people will designate one or more people as their POAs for their financial and medical affairs with the idea that these trusted people can...
The dangers of a poorly crafted power of attorney
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Dec 18, 2023 | Estate Planning And Probate
Having a power of attorney in Texas is critical to ensuring respect for your wishes. Yet, this essential legal document often doesn’t provide enough information to carry out its aim. The below information outlines some key complications to a power of attorney and how...
Unveiling the nuances: Estate planning vs. trusts
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Dec 6, 2023 | Estate Planning And Probate
Estate planning and trusts often intertwine in the realm of personal finance, yet their roles and functionalities differ significantly. Understanding these distinctions can profoundly impact how one safeguards assets and plans for the future. Navigating the...
Review your estate plan at the beginning of retirement
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Nov 19, 2023 | Estate Planning And Probate
Many people initiate estate planning during the middle part of their Texas careers as they start to accumulate significant wealth. As the years pass, you may forget what you have designated for some portions of your plan. When you enter retirement, consider reviewing...