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.
Printable durable power of attorney form texas.
You as signing principal of a durable statutory or general power of attorney have rights under the texas probate code section 488 to issue a revocation instrument using form lht 96 1 revocation power of attorney form texas to cancel the said power of attorney.
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 powers granted by this document are broad and sweeping.
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.
It will also continue to be in effect if you become incapacitated unless you revoke it before.
Texas power of attorney forms.
Free printable durable financial power of attorney forms.
Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.
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.
Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice.
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The decisions they make would be binding as if you had made the decisions yourself.
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It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.
The texas general power of attorney form grants broad powers to an individual selected to handle business affairs representation and all real personal and property actions on another s behalf.
The form grants the exact same powers to the agent as the durable form except that this document does not remain in effect if the principal should become incapacitated and unable to think for themselves.
Principal s signature must be acknowledged by a notary public.
They are explained in the durable power of attorney act subtitle p title 2 estates code.
Adobe pdf ms word docx opendocument signing requirement 751 0021.
Durable financial power of attorney this is a type that confers broad financial powers on your chosen representative.
If you have any questions about these powers obtain competent legal advice.
It does not permit the agent to make decisions about the principal s health care.