If you were to ask attorneys across the country how often they get phone calls like the following, the answer (“Very frequently”) may surprise you. The phone call might go something like this: “Hi, this is John Jones. My dad, Bill Jones, passed away recently and we have torn the house apart looking for his […]
power of attorney
When You May Not Be Able to Use a Financial Power of Attorney from Austin Estate Planning Attorney Liz Nielsen
Besides directing what happens to your finances when you pass away, a comprehensive estate plan also addresses the possibility that you could become unable to handle your financial affairs while you are still alive. You may have signed a financial power of attorney (FPOA) that allows one or more people to act on your behalf. However, […]
Caring for Your Kids and Parents From Austin Estate Planning Lawyer Liz Nielsen
July is National Sandwich Generation Month, a time to honor those who are caring for both their children and their aging parents. This topic is particularly germane at present, as many parents are not only parenting their children but have also spent the last few months homeschooling them. Older children who have lost their jobs […]
Importance of Properly Revoking Powers of Attorney, from Austin Estate Planning Lawyer Liz Nielsen
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 […]