Durable Power Of Attorney Form Texas

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Durable power of attorney form 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. The texas power of attorney is defined in the texas statutes chapter xii. There are also special forms referred to as durable that allow the document to remain effective even if the. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.

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. It does not permit the agent to make decisions about the principal s health care. 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.

With this much responsibility and authority over your financial affairs it is vital that you carefully. Find a testing site. Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.