Printable Durable Power Of Attorney Texas

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.

Printable durable power of attorney texas.

Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. The powers are durable which means the form remains valid even if the principal should become mentally incompetent. Adobe pdf ms word docx. The texas power of attorney is defined in the texas statutes chapter xii.

The powers granted by this document are broad and sweeping. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. The duration of such power of attorney does not lapse unless the time specification is. If you have any questions about these powers obtain competent legal advice.

Texas power of attorney forms. Principal s signature must be acknowledged by a notary public. Free printable durable financial power of attorney forms. 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.

Adobe pdf ms word docx opendocument signing requirement 751 0021. 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. They are explained in the durable power of attorney act subtitle p title 2 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.

The decisions they make would be binding as if you had made the decisions yourself. Durable financial power of attorney this is a type that confers broad financial powers on your chosen representative. Durable power of attorney to grant power to bank accounts real estate and any other financial related acts. With this much responsibility and authority over your financial affairs it is vital that you carefully.

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. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. It will also continue to be in effect if you become incapacitated unless you revoke it before. It does not permit the agent to make decisions about the principal s health care.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.