A couple of years ago, I wrote blog post titled “Three Estate Planning Documents Every College Student Needs.” The post was prompted by a Facebook page I came across, which was started by an irate

A durable power of attorney is a written document that creates an agency relationship between the person granting authority and an agent, or attorney-in-fact, the person to whom authority is granted. By signing a durable

Many elderly parents are uncomfortable sharing their finances with their children. An article I read recently suggested several reasons they may be wary. Some parents worry that their kids will lose motivation to work if

Often in marriages, one spouse ends up handling most of the couple’s financial affairs. The division of responsibilities doesn’t always fall along gender lines. Typically, the individual who is most organized and financially savvy takes

A durable power of attorney is a written document that allows you to designate someone you trust to engage in specified business, financial and legal transactions on your behalf. It’s called “durable” because it does

To be effective in Texas, a durable power of attorney must: The durable power of attorney does not need to be signed by any witnesses. It is not necessary to file the durable power of

A durable power of attorney gives you the power to appoint a trusted family member or friend as an agent to manage your finances if you are no longer capable of managing them yourself, such

The Texas Estates Code specifically defines who is an incapacitated person. According to the Code, an incapacitated person is: A minor; An adult individual who, because of a physical or mental condition is substantially unable