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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.
The article explains that a spouse generally needs a signed HIPAA authorization to discuss a patient’s medical information, including billing issues, with health care providers or insurance companies.
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A durable power of attorney must be signed while a person still has the mental capacity to authorize someone else to manage their financial affairs.
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Once a child turns 18, parents may need a Durable Power of Attorney, Medical Power of Attorney, and HIPAA authorization to access financial or medical information and help during an emergency.
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This article explains that a durable power of attorney covers specified business, financial, and legal transactions during incapacity, while a medical power of attorney authorizes health care decisions.
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The article offers guidance for discussing elderly parents’ finances, emergency planning, and essential estate-planning documents, including a Will and powers of attorney.
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The article explains how spouses can prepare for death or incapacity by sharing financial information, organizing account details, and jointly managing household finances.
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A Directive to Physicians, often called a living will, can be revoked by destroying it, signing a written revocation, or orally communicating the decision, but the attending physician must be notified.
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This article explains how to revoke a durable power of attorney in Texas, including the different considerations when it has been used or recorded in court records.
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In Texas, a durable power of attorney must be written, signed by an adult, name an agent, address the principal’s disability, and be notarized, but witnesses are not required.
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A durable power of attorney generally does not need to be filed to be effective, except when an agent will conduct a real estate transaction for the principal.
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Topics
- Estate Planning122
- Wills62
- Probate and Estate Administration46
- Powers of Attorney46
- Intestacy34
- Gift and Estate Tax32
- Trusts28
- Newsworthy25
- Choosing a Guardian25
- Wacky Wills22
- Odds and Ends17
- The Risk of DIY Planning16
- Special Needs Trusts13
- Transfer on Death Deeds13
- Retirement and End of Life Planning13
- Incapacity11
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