Statutory Durable Power Of Attorney Texas

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.

Statutory durable power of attorney texas.

The powers granted by this document 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. Statutory durable power of attorney. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice.

Find a testing site. The decisions they make would be binding as if you had made the decisions yourself. 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. They are explained in the durable power of.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. 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 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. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more.

They are explained in the durable power of attorney act subtitle p title 2 estates code. 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. Generally a power of attorney allows you to designate an agent to perform specific functions on your behalf. The powers granted by this document are broad and sweeping.

In texas one way to do this is through a statutory durable power of attorney. With this much responsibility and authority over your financial affairs it is vital that you carefully. A power of attorney is a written document that authorizes someone referred to as the agent to make decisions or take actions on someone else s known as the principal behalf. If you have any questions about these powers obtain competent legal advice.

Statutory durable power of attorney 09 1 2017. Statutory durable power of attorney. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters.