The concept of giving another person total agency over your finances could be unsettling. Who wants to hand over the reins to someone else? What business is it of theirs to know about your money? Why ...

We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen?

Dear Mr. Premack: My father has been organized and proactive. He properly probated my mother's Will when she died so that he is recognized as full owner of all of their assets. He spoke with his ...

Here's what to do to get your affairs in order so you don't leave survivors with a legal mess.

Dear Jonathan: Can you please explain what the difference is between a financial durable power of attorney and a health care durable power of attorney. A non-springing financial durable power of ...

Your father can sign his power of attorney and any other legal documents as best he can by making a “mark.” This can even be an “X.” Then the witnesses or notary public should indicate that your ...

Estate planning is often thought of as a way to pass your assets to the next generation at your death. However, another aspect of estate planning is designating someone to manage your financial ...

A healthcare power of attorney (healthcare proxy) is a legal document that allows a person to make healthcare decisions for someone else. A healthcare power of attorney allows someone to appoint a ...

With my mom, when she went to see the attorney to prepare legal docs, the attorney asked "who do she want as POA?" and mom answered, "my son the banker and my daughter the financial planner." So, the ...

One statute in particular – Estates Code Section 751.251 – gives a lot of people the right to file suit about your durable power of attorney. lakshmiprasad S / Getty Images/iStockphoto A big document ...