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.
Statutory durable power of attorney texas 2020 pdf.
They are explained in the durable power of attorney act subtitle p title 2 estates code.
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The powers granted by this document are broad and sweeping.
It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.
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.
They are explained in the durable power of attorney act chapter xii texas probate code.
The powers granted by this document are broad and sweeping.
This durable power of attorney is determined by texas law.
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.
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If any agent named by me dies becomes incapacitated resigns or refuses to act or is removed.
It does not permit the agent to make decisions about the principal s health care.
If you have any questions about these powers obtain competent legal advice.
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This document does not authorize anyone to make medical and other health care.
With this much responsibility and authority over your financial affairs it is vital that you carefully.
Statutory durable power of attorney notice.
The powers granted by this document are broad and.
The decisions they make would be binding as if you had made the decisions yourself.
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.
If you have any questions about these powers obtain competent legal advice.
Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice.
Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more.