Durable Power Of Attorney Texas Free Form

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.

Durable power of attorney texas free form.

The powers granted by this document are broad and sweeping. There are also special forms referred to as durable that allow the document to remain effective even if the. Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. Texas power of attorney forms.

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 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. The texas power of attorney is defined in the texas statutes chapter xii.

The authority is considered durable since it continues even if you become incapacitated psychologically or physically. This particular form is used to give an individual else the authority to make personal financial decisions on your behalf. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. If you have any questions about these powers obtain competent legal advice.

This free texas durable power of attorney form can be downloaded or printed instantly from our web site. Find a testing site. It does not permit the agent to make decisions about the principal s health care. The duration of such power of attorney does not lapse unless the time specification is.

Texas durable power of attorney basic is a legal instrument you sign and execute to grant powers to attorney in fact to carry out financial transactions on your behalf in case a physician declares you incapacitated to do so on a later date of executing statutory power of attorney under directives prescribed in section 752 051 of the texas estates code. 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. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. With this much responsibility and authority over your financial affairs it is vital that you carefully.

They are explained in the durable power of attorney act subtitle p title 2 estates code.