Category Archives: Uncategorized
What a power of attorney can and cannot do
Many clients are given powers of attorney for their finances when working with their estate planning attorney. They often file the documents away without ever showing them either to their intended agent or to the financial institution involved. Even if the agent knows the paperwork exists, they often assume they just need to take the […]
Potential Tax Effect on Alimony Payments in Texas
The tax legislation is not finalized yet. But the version coming from the House of Representatives changes the present law which currently allows a tax deduction to the spouse making the payments and is taxable income to the recipient. Many divorce settlements in Texas are reached through mediation where the divorcing couple and their attorneys […]
