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.

Adobe pdf ms word docx opendocument signing requirement 751 0021. Adobe pdf ms word docx. 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. It does not permit the agent to make decisions about the principal s health care.

Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. 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. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. Free printable durable financial power of attorney forms.

It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. 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 to grant power to bank accounts real estate and any other financial related acts. Texas power of attorney forms.

They are explained in the durable power of attorney act subtitle p title 2 estates code. Principal s signature must be acknowledged by a notary public. The powers granted by this document are broad and sweeping. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.

Find a testing site. It will also continue to be in effect if you become incapacitated unless you revoke it before. Durable financial power of attorney this is a type that confers broad financial powers on your chosen representative. With this much responsibility and authority over your financial affairs it is vital that you carefully.

If you have any questions about these powers obtain competent legal advice. The duration of such power of attorney does not lapse unless the time specification is. There are also special forms referred to as durable that allow the document to remain effective even if the. Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.

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.