Durable Power Printable Power Of Attorney Form Texas

This particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves.

Durable power printable power of attorney form texas.

The decisions they make would be binding as if you had made the decisions yourself. Durable power of attorney act it clearly states that an adult resident of texas may designate another person as his attorney in fact or agent to perform certain actions or to make decisions on behalf of the principal. If you have any questions about these powers obtain competent legal advice. Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.

Depending on your needs you may need one or more of the following types of powers of attorney. Texas powers of attorney. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. Texas durable statutory power of attorney form can be used to designate another person usually called an agent s or an attorney s in fact to represent your monetary interests and act on your behalf.

The texas power of attorney is defined in the texas statutes chapter xii. This particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves. The texas durable financial power of attorney also known as the statutory form can be used to designate powers to another person for monetary reasons that are broad and sweeping. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.

How long does it last. A durable power of attorney is a designation that is given to someone else to be able to handle financial transactions on their behalf. Both the principal and the agent need to sign the form in front of a notary for it to be considered valid. Durable medical limited general financial parental.

It does not permit the agent to make decisions about the principal s health care. They are explained in the durable power of attorney act subtitle p title 2 estates code. The powers granted by this document are broad and sweeping. The term durable means that if the principal would become incapacitated or no longer be able to think for themselves that the form would remain valid and in effect unlike general power of attorney.

The texas durable financial power of attorney also known as the statutory form can be used to designate powers to another person for monetary reasons that are broad and sweeping. A texas medical power of attorney sometimes called a texas durable power of attorney for healthcare gives an agent the power to make decisions about your health care if you become physically or mentally unable to do so.