Texas Statutory Durable Power Of Attorney Form

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 statutory durable power of attorney form.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. Sample texas durable power of attorney form. The powers granted by this document are broad and sweeping. With this much responsibility and authority over your financial affairs it is vital that you carefully.

A financial power of attorney is the same as a statutory durable power. Texas power of attorney forms. Statutory durable power of attorney 09 1 2017. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more.

Statutory durable power of attorney. The decisions they make would be binding as if you had made the decisions yourself. The powers granted by this document are broad and sweeping. They are explained in the uniform statutory form power of attorney act.

Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. It does not permit the agent to make decisions about the principal s health care. 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.

The powers you grant below are effective even if you become disabled or incompetent. They are explained in the durable power of attorney act subtitle p title 2 estates code. 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. B a power of attorney in substantially the form prescribed by section 752 051 has the meaning and effect prescribed by this subtitle.

If you have any questions about these powers obtain competent legal advice. 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. 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. Find a testing site.

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.