Durable Power Of Attorney Form Texas

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.

Durable power of attorney form texas.

This particular form is used to give an individual else the authority to make personal financial decisions on your behalf. The decisions they make would be binding as if you had made the decisions yourself. Form of statutory durable power of attorney. The following form is known as a statutory durable power of attorney.

There are also special forms referred to as durable that allow the document to remain effective even if the. The authority is considered durable since it continues even if you become incapacitated psychologically or physically. Find a testing site. 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 this particular document remains effective for financial use even if the principal should be in a position where they cannot think for themselves. 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. It does not permit the agent to make decisions about the principal s health care.

Statutory durable power of attorney. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. They are explained in the durable power of attorney act subtitle p title 2 estates code. With this much responsibility and authority over your financial affairs it is vital that you carefully.