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Is an Agent Named in a Durable Power of Attorney Legally Responsible for the Debts of a Principal?

A Durable Power of Attorney is a powerful document that allows an agent, or attorney-in-fact, to manage the financial affairs for another person, called a principal. The…

Does My College Student Need Estate Planning?

A couple of years ago, I wrote blog post titled “Three Estate Planning Documents Every College Student Needs.” The post was prompted by…

What is the Difference Between Medical and Durable Power of Attorney?

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…

How Do I Revoke a Living Will?

The directive to physicians is a difficult document to sign for many people because it specifies your wishes regarding  life-sustaining treatment should be administered, withdrawn or withheld…

What Is The Difference Between A Living Will And A Last Will and Testament?

Many people confuse Living Wills with Last Wills and Testaments. They sound similar, but serve very different purposes. A Living Will, also known as a Directive to…

Planning for Your Incapacity

Many people believe that having a Last Will and Testament is all the estate planning they need. But as advancements in medicine extend our lives, developing a…

Saying Goodbye

Not too long ago, my book club read a highly acclaimed book titled “The Art of Racing in the Rain.” I couldn’t finish it. In…

Who is an Incapacitated Person?

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…