Most Americans have not executed basic estate planning documents. A study by caring.com found that only 42% of Americans have wills. Even fewer have executed other important estate planning documents: A durable power of attorney enables a trusted person to handle your affairs if you become mentally incapable A medical power of attorney enables a […]
Real estate is more than just your primary residence. It can include other real estate such as a vacation home or a rental property. Depending upon the type of real estate you own, the ideal form of title can vary. Below, we take a look at the different types of real estate and make suggestions […]
Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because the title determines the extent of control you have over your real estate, how susceptible your property is to creditors, and what will […]
It is very important to regularly review and update all of your estate planning documents. However, your financial power of attorney, also known as a Statutory Durable Power of Attorney in Texas, is one document that should be reexamined more frequently than others. Revisiting your financial power of attorney will help ensure that the person […]
