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.
Durable power printable power of attorney form texas.
A power of attorney is a legal document that permits you to name another person or organization to act as your agent for issues related to property finance or medical concerns.
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.
Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice.
How long does it last.
Texas powers of attorney.
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.
Durable medical limited general financial parental.
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.
They are explained in the durable power of attorney act subtitle p title 2 estates code.
It does not permit the agent to make decisions about the principal s health care.
Both the principal and the agent need to sign the form in front of a notary for it to be considered valid.
The decisions they make would be binding as if you had made the decisions yourself.
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.
A durable power of attorney is a designation that is given to someone else to be able to handle financial transactions on their behalf.
The powers granted by this document are broad and sweeping.
It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.
If you have any questions about these powers obtain competent legal advice.
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Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.
This particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves.
This particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves.
Depending on your needs you may need one or more of the following types of powers of attorney.