Free Printable Durable Power Of Attorney Form Texas 2020
Please have your attorney review the law in health and safety code chapter 166.
Free printable durable power of attorney form texas 2020. Adobe pdf ms word docx. Durable power of attorney to grant power to bank accounts real estate and any other financial related acts. 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.
The duration of such power of attorney does not lapse unless the time specification is. The term durable means that if the principal should become incapacitated the form would remain in effect. 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. It will also continue to be in effect if you become incapacitated unless you revoke it before.
Durable financial power of attorney this is a type that confers broad financial powers on your chosen representative. There are also special forms referred to as durable that allow the document to remain effective even if the. Find a testing site. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more.
Therefore it s recommended to have the agent be someone who the principal can trust and who. Adobe pdf ms word docx opendocument signing requirement 751 0021. A durable power of attorney form allows an individual principal to select someone else agent or attorney in fact to handle financial related matters on their behalf. Texas power of attorney forms.
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. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. Free printable durable financial power of attorney forms. Find a testing site.
Principal s signature must be acknowledged by a notary public. 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.