Is the basic Medical Power of Attorney good enough?

Dear Mr. Premack: Are there flaws in the ʺrawʺ statutory Medical Power of Attorney in Texas? -MGH The Texas legislature first passed a law allowing appointment of health care agents back in 1989. I wrote an article that was published in the Texas Bar Journal about that new law, highlighting for other attorneys the nature…

Mobility Issues with Traditional Estate Planning

Last week, I began to answer a question posed by “J.D.”, who said that his young family has delayed making an estate plan because they anticipate relocating (due to work) in a few years. His brother recommended that he should not wait, an attitude with which experienced wealth managers concur. J.D. wanted to know if…

Living Trust management can change on disability

This column first appeared in the SA Express-News and on MySA.com on February 12, 2015. Dear Mr. Premack: My father set up a Living Trust years ago with his attorney and financial planner. It says that he will be the Trustee until he dies or becomes disabled, and then I should be Trustee. He is…