Printable Durable Power Of Attorney Texas

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.

Printable durable power of attorney texas.

Texas power of attorney forms. It will also continue to be in effect if you become incapacitated unless you revoke it before. With this much responsibility and authority over your financial affairs it is vital that you carefully. Find a testing site.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. The one thing about the durable form that separates it from the rest is that it remains legal in the event the person being represented can no longer think. It does not permit the agent to make decisions about the principal s health care. 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 this particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves.

The powers granted by this document are broad and sweeping. The texas power of attorney is defined in the texas statutes chapter xii. Texas power of attorney forms enables an individual to choose a trusting person called an agent or attorney in fact to make financial medical parental guardianship minor child and vehicle related decisions on their behalf. Free printable durable financial power of attorney forms.

Adobe pdf ms word docx opendocument signing requirement 751 0021. Durable power of attorney to grant power to bank accounts real estate and any other financial related acts. Principal s signature must be acknowledged by a notary public. If you have any questions about these powers obtain competent legal advice.

There are also special forms referred to as durable that allow the document to remain effective even if the. The decisions they make would be binding as if you had made the decisions yourself. Adobe pdf ms word docx. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.

Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. A durable power of attorney allows you to handle another person s financial decisions on their behalf all decisions made must be to the benefit of the person being represented. The duration of such power of attorney does not lapse unless the time specification is. 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.

It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.