Durable Power Printable Power Of Attorney Form Texas

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

Durable power printable power of attorney form texas.

Find a testing site. Texas power of attorney forms. 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. There are also special forms referred to as durable that allow the document to remain effective even if the principal person being represented should become incapacitated.

The decisions they make would be binding as if you had made the decisions yourself. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. They are explained in the durable power of attorney act subtitle p title 2 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.

The powers granted by this document are broad and sweeping. 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. The duration of such power of attorney does not lapse unless the time specification is specifically mentioned in the power of attorney instrument. It does not permit the agent to make decisions about the principal s health care.

This particular form is used to give an individual else the authority to make personal financial decisions on your behalf. 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. Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.

Free texas power of attorney forms. If you have any questions about these powers obtain competent legal advice. 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. This free texas durable power of attorney form can be downloaded or printed instantly from our web site.

Durable power of attorney to grant power to bank accounts real estate and any other financial related acts. Adobe pdf ms word docx. 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.