Durable Power Of Attorney Form Texas
Find a testing site.
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. Statutory durable power of attorney. The decisions they make would be binding as if you had made the decisions yourself. 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 authority is considered durable since it continues even if you become incapacitated psychologically or physically. Texas power of attorney forms. This free texas durable power of attorney form can be downloaded or printed instantly from our web site. The following form is known as a statutory durable power of attorney.
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 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. With this much responsibility and authority over your financial affairs it is vital that you carefully.
There are also special forms referred to as durable that allow the document to remain effective even if the. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. They are explained in the durable power of attorney act subtitle p title 2 estates code.