As the American population ages, adult children of seniors are embarking on a journey to help their aging parents and protect themselves against the uncertainty in the legal system and in life. Let’s go through some of the fundamental planning options available: First, we should note that not all estate plans look the same. Each plan…
Category: Power of Attorney
In a time of uncertainty, many people find comfort and peace in creating an estate plan that will help to ensure that their legacy is protected. Now is a good time for those without estate plans to have basic plans put in place and those who already have plans to ensure those documents (which may…
As the population in America grows older, it’s becoming common for adult children to be called upon to care for their sick or aging parents. Typically this situation begins with the adult child helping with bills, physician appointments, medication, and/or transportation. Eventually, this can evolve into almost a full-time job of caring for a parent….
What Does a Durable Power of Attorney (“DPOA”) Accomplish? A durable power of attorney is a legal document that gives someone you choose (i.e., your agent) the power to perform in your place. A durable power of attorney simply means that the document stays in effect if you become incapacitated and unable to handle matters…
Obtaining a full estate plan can be quite a task. One of the most difficult parts of having an estate plan drafted is deciding what you want to be included. For example, do you need a power of attorney, a living will or possibly both? Plenty of Texans don’t know the difference between the…