Houston Power Of Attorney Lawyer
Your Legacy Legal Care® helps families plan for the future, provide for their loved ones, and guide them through the unexpected
The concept that every person has the right to control their own lives is central to state law. However, along with this concept comes the power to grant this ability to other people. Whenever an individual gives the power to control their life to another, we call this a power of attorney.
Having well drafted powers of attorneys are crucial in planning for incapacity and they are designed to prevent guardianship.
Granting power of attorney to others can be a good idea in a variety of situations. Those in poor health may anticipate a pending loss of control or mental capacity. In other situations, people may simply want to empower others to perform specific tasks on their behalf.
A Houston power of attorney lawyer could help you to better understand these legal concepts. They can also help you draft documents that provide powers to others. When crafting your estate plan, it is important to work with a reliable estate planning attorney.
Granting Power of Attorney
Giving another person power of attorney grants that person the ability to make decisions on your behalf. Specifically, people who create these orders give another the ability to undertake matters concerning property and finances.
Powers of attorney come in two separate forms. Durable powers of attorney grant these powers until the grantor’s death or the grantor revokes the order. By contrast, a limited power of attorney lasts for a specific time and exists for a specific purpose.
By state law, there is no specific form that a durable power of attorney must take. However, Texas Estates Code § 752.051 provides a form that carries presumptive legality. Once a person completes and signs this form, the grantee under the form obtains power of attorney.
The skilled Houston power of attorney lawyers at Your Legacy Legal Care® can help explain these documents. They will craft the necessary forms in a way that meets a person’s specific needs.
Reasons to Grant Power of Attorney
Powers of attorney are potent legal documents that give another person substantial control over one’s life. The decision to create these documents should only be taken after a comprehensive evaluation of your needs and limitations.
A statutory durable power of attorney gives another person immediate and total control over one’s finances and property. These powers last until the creator’s death, or they revoke the powers at a later date. The receiver of the powers may, at their discretion:
- Sell assets
- Purchase a home
- Lease a vehicle
- Transfer stocks
Placing these powers in a person that carries trust is essential.
On the other hand, limited powers of attorney empower others for a specific purpose. For example, a person may be living overseas as a contract employee and want to sell their home. They can create a limited power of attorney giving another person the ability to perform this limited role. Once the purpose of a limited power of attorney is complete, the arrangement immediately comes to an end.
A time comes in many peoples’ lives when they are no longer to control their own property or finances. When this happens, it may be beneficial to grant power of attorney to another. Granting this power means that a nominated person can control another’s finances and property. This can include overseeing sales, arranging a place to live, and more.
A Houston power of attorney lawyer can help you with your needs and create legal solutions. There are many different types of power of attorney solutions, including general power of attorney, medical power of attorney, and durable powers of attorney.
Medical Power Of Attorney
With a medical power of attorney, you will appoint someone to step in and make medical decisions for you. This goes into effect if you become too ill or are incapacitated and can no longer make decisions these on your own. The person you appoint is often referred to as your attorney-in-fact.
Durable Powers Of Attorney
Durable powers of attorney that allow a trusted friend or family member to control your finances. It can also include creating limited powers of attorney that provide this ability to another for a specific purpose. Reach out today to learn more.
Let A Houston Power Of Attorney Lawyer Help You Today
The Houston power of attorney lawyers at Your Legacy Legal Care® can help answer your questions about setting up powers of attorney. They will guide you through your options of setting up power of attorney documents.
If you need assistance with power of attorney legal documents in Houston, contact us today to learn more.
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Frequently Asked Questions About Power Of Attorney in Houston, Texas
What does an elder law attorney do, and how can they help my family in Houston?
An elder law attorney focuses on legal issues affecting older adults and their families. They can help with estate planning, long-term care arrangements, Medicaid planning, and other public benefits planning. For Houston residents, these attorneys can also guide you through Texas-specific laws and local resources to meet your family’s needs. Contact Your Legacy Legal Care® to schedule a strategy session.
How can an elder law attorney assist with Medicaid planning for nursing home care in Texas?
Medicaid planning can be complex, but an elder law attorney can help you qualify for benefits without depleting your life’s savings. At Your Legacy Legal Care® we do this through strategies like creating trusts, reorganizing assets, and addressing Texas Medicaid requirements for long-term care, which differ from other states.
What steps should I take to protect my aging parent’s estate in Houston?
To protect an aging parent’s estate, start by working with an elder law attorney to create or update essential documents like wills, trusts, and powers of attorney. An elder law firm can assess your parent’s assets and develop strategies to protect their estate from probate or unnecessary taxes.
How does guardianship work in Texas, and when is it necessary?
Guardianship is a legal process in Texas that gives someone the right to make decisions for an elderly person who is unable to manage their own affairs. It’s necessary when a loved one becomes incapacitated and hasn’t already designated someone through a power of attorney. An elder law attorney can guide you through the guardianship process, which requires court approval.
What options are available for planning long-term care in Houston?
Houston families have various long-term care options, including in-home care, assisted living, memory care, and nursing homes. An elder law attorney can help you evaluate these options based on your financial situation and assist in understanding resources like long-term care insurance or Medicaid benefits.
Can an elder law attorney help me draft or update a will or power of attorney in Texas?
An elder law attorney can draft or update wills or powers of attorney in compliance with Texas law and tailored to your specific needs. A power of attorney allows someone you trust to make financial or medical decisions on your behalf, while a will distributes your assets according to your wishes.
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