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Powers of Attorney
Without a Power of Attorney, your family may need court approval to manage your affairs during a crisis. Putting this document in place now gives someone you trust the authority to step in when it matters most.
Every adult residing in Texas should have a Texas durable power of attorney. Below are answers to some commonly asked questions regarding durable powers of attorney: What is a Durable Power of Attorney? A durable
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Con artists often target the elderly because isolation and declining cognitive ability makes them more vulnerable to fraud. Consumer Reports estimated that seniors and their families lose $3 billion to more than $30 billion to
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Every day, I am moved by stories of courageous Texans risking their lives to protect and care for the most vulnerable among us. The heroes of the pandemic are not only medical first responders, but
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Many people have medical powers of attorney that they have signed in the presence of two witnesses. They become concerned that their power of attorney is not valid because it has not been signed in
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Most Americans have not executed basic estate planning documents. Studies show that more than half of Americans have not executed a basic will. Even fewer have executed durable powers of attorney and medical powers of
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She had two adult children, but her niece was more like a daughter to her. Her niece was also a nurse, who she believed would be better suited to make medical decisions on her behalf.
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“My mom has a power of attorney that was witnessed by someone under 18,” she said. “Is it valid?” The Texas statutes specify that a medical power of attorney must be signed by the principal
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Effective September 1, 2017, a person to whom a durable power of attorney is presented must accept a durable power of attorney except unless: The person is not otherwise required to engage in a transaction with
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The legislature made several beneficial changes to the Durable Powers of Attorney statute that went into effect on September 1, 2017. Below are a few of the most significant changes: Prior to September 1, 2017,
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Before September 1, 2017, financial institutions routinely rejected durable powers of attorney for a multitude of reasons. A colleague once told me that a bank rejected her client’s power of because two months had elapsed since
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Topics
- Estate Planning121
- Wills59
- Probate and Estate Administration45
- Powers of Attorney45
- Intestacy34
- Gift and Estate Tax32
- Trusts26
- Newsworthy25
- Choosing a Guardian24
- Wacky Wills22
- Odds and Ends17
- The Risk of DIY Planning16
- Special Needs Trusts13
- Transfer on Death Deeds12
- Retirement and End of Life Planning12
- Incapacity11
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