Free Printable Durable Power Of Attorney Form Texas 2020

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Free printable durable power of attorney form texas 2020. The texas power of attorney is defined in the texas statutes chapter xii. 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 duration of such power of attorney does not lapse unless the time specification is. It does not permit the agent to make decisions about the principal s health care.

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. Texas power of attorney forms. Durable power of attorney to grant power to bank accounts real estate and any other financial related acts. The powers are durable which means the form remains valid even if the principal should become mentally incompetent.

It will also continue to be in effect if you become incapacitated unless you revoke it before. 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. It is a financial durable power of attorney this means that it only allows the agent to handle financial matters. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. The term durable means that if the principal should become incapacitated the form would remain in effect. Adobe pdf ms word docx. Principal s signature must be acknowledged by a notary public.

Find a testing site. 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. 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.

Free printable durable financial power of attorney forms. Therefore it s recommended to have the agent be someone who the principal can trust and who. 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.