Wednesday, May 13, 2009
In Texas we have a statutory power of attorney. However, many banks and other places require that you use their form. I need a lot more information in order to adequately answer your question. Where are the assets? Do you have siblings? Is your parent married? What is your parent's mental and physical state? If the assets are in another state, you need a poa from that state. You definately need to retain the services of an elder law attorney or a probate/wills & estates attorney that specializes in this area of the law. In Texas we have 2 kinds of poa -- medical and financial. They are very different. An elder law attorney might be able to help you and offer solutions that you have not considered. Even if your parent signs the document, the parent can revoke it later. Also, you will be held to a very high standard regarding spending their money. If you have family members, I highly recommend that you talk to them and try to get them on your side. Otherwise, you could end up in court litigating your parent's life and spending all their money. I've seen people spend over $100,000 when 2 adult siblings can't agree what was right for their mother. She eventually died and the problem was solved. Neither sibling inherited anything -- but the attorneys were very happy! Please talk to an attorney immediately. You could save thousands of dollars!
Monday, May 4, 2009
Sign up to sell electricity in Texas. Works almost everywhere except around the Austin area. http://franscheapenergy.igniteinc.biz It's cheap to become an independent associate & within the first month I received a check that paid for more than half the cost to sign up!!! Even my sister in the Dallas area is saving money. She shopped around and Ignite's plan is cheaper than any other company in the Dallas area. I called my provider, TXU and none of their plans could compete -- so I switched to Ignite.
Check out my website: htto://franscheapenergy.igniteinc.biz I've signed my mom, sister and myself up and we are saving money. Try it...you will probably like it!