Durable Power Of Attorney Texas

The duration of such power of attorney does not lapse unless the time specification is.

Durable power of attorney texas.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. Texas power of attorney forms. In texas there are several kinds of powers of attorney that will grant the agent the right to accomplish different things on the principal s behalf. 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.

Find a testing site. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. 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. The texas power of attorney is defined in the texas statutes chapter xii.

It does not permit the agent to make decisions about the principal s health care. There are also special forms referred to as durable that allow the document to remain effective even if the. 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 decisions they make would be binding as if you had made the decisions yourself.

Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. With this much responsibility and authority over your financial affairs it is vital that you carefully.