Prop 2 makes equity loans more expensive

This column first appeared in the San Antonio Express News on October 30, 2017. Dear Mr. Premack: I just got my Voters Guide from the League of Women Voters. The election on November 7 includes seven proposed amendments to the Texas Constitution. I’m interested in Proposition 2 relating to Home Equity Loans. The wording is…

A method to avoid Elder Exploitation

This column first appeared in the San Antonio Express-News on October 24, 2017. Dear Mr. Premack: My mother is the kindest, most giving person in the world. She is financially stable but is not wealthy. She has been diagnosed with mild dementia, and gets confused and easily led astray. A few weeks ago she made…

New Laws: Power of Attorney Acceptance

This column first appeared in the San Antonio Express-News on September 11, 2017. (Part 4 in a series.) Since the early 1990s, Texas has had an issue with Durable Powers of Attorney (DPOA) which was initiated by the banking lobby. They had convinced the legislature to structure Texas law to give them the power to…