Texas Statutory Durable Power Of Attorney Form

A financial power of attorney is the same as a statutory durable power.

Texas statutory durable power of attorney form.

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. With this much responsibility and authority over your financial affairs it is vital that you carefully. 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. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.

Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. There are also special forms referred to as durable that allow the document to remain effective even if the. The powers granted by this document are broad and sweeping. Sample texas durable power of attorney form.

It does not permit the agent to make decisions about the principal s health care. 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. Statutory durable power of attorney. They are explained in the durable power of attorney act subtitle p title 2 estates code.

They are explained in the uniform statutory form power of attorney act. A a person may use a statutory durable power of attorney to grant an attorney in fact or agent powers with respect to a person s property and financial matters. Statutory durable power of attorney. The decisions they make would be binding as if you had made the decisions yourself.

If you have any questions about these powers obtain competent legal advice. Texas power of attorney forms. They are explained in the durable power of. Statutory durable power of attorney 09 1 2017.

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 s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. 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 powers you grant below are effective even if you become disabled or incompetent.