Elderlaw and Guardianship Law

Estate Planning | Farrow-Gillespie & Heath | Dallas, TX

► Capacity to sign

Different legal actions require different levels of mental capacity to be valid.  For example, the level of mental capacity required to sign a will, referred to as “testamentary capacity,” is lower than the level of capacity required to sign a contract, called “contractual capacity.” The various standards are discussed below. Capacity to Sign a Will […]

Estate Planning | Farrow-Gillespie & Heath LLP | Dallas, TX

Do I Need a Will?

One of the most common misunderstandings about estate planning is the belief that it is only for the wealthy. Anyone who owns property of any kind has an estate. Basic estate planning is an important component of an organized and responsible life, whether or not your estate is large enough to be subject to federal […]

Liza Farrow-GIllespie | Farrow-GIllespie & Heath LLP | Dallas, TX

Power of attorney liability

A person (“agent”) holding a power of attorney for another person (the “principal”) must act with the utmost degree of loyalty to the principal.  The agent must avoid being involved in any transaction which benefits, or even which potentially benefits, the agent. That rule of law was enforced once again in 2015 by the Texas […]