Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice.
Printable durable power of attorney form texas.
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However this cancellation is not effective until you serve a written.
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.
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.
They are explained in the durable power of attorney act subtitle p title 2 estates code.
Durable financial power of attorney this is a type that confers broad financial powers on your chosen representative.
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.
If you have any questions about these powers obtain competent legal advice.
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.
The powers granted by this document are broad and sweeping.
Texas power of attorney forms.
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 s statutory form of durable power of attorney is found in section 752 051 of the texas estates code.
Adobe pdf ms word docx opendocument signing requirement 751 0021.
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.
It does not permit the agent to make decisions about the principal s health care.
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.
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.
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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 decisions they make would be binding as if you had made the decisions yourself.