Texas Statutory Durable Power Of Attorney Statute

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.

Texas statutory durable power of attorney statute.

Texas s statutory form of durable power of attorney is found in section 752 051 of the texas estates code. Use meaning and effect of statutory durable power of attorney. The decisions they make would be binding as if you had made the decisions yourself. A new statutory medical power of attorney form goes into effect on january 1 2018.

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. Texans can dial 2 1 1 option 6 for information on covid 19 and local resources on health care utilities food housing and more. It does not permit the agent to make decisions about the principal s health care. Statutory durable power of attorney 09 1 2017.

The powers granted by this document are broad and sweeping. Statutory durable power of attorney. Next up is the medical power of attorney statute. With this much responsibility and authority over your financial affairs it is vital that you carefully.

They are explained in the durable power of. Statutory durable power of attorney. 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. General provisions regarding statutory durable power of attorney.

Statutory durable power of attorney. A the following form is known as a statutory durable power of attorney 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. The statute explicitly provides that an agent may only make gifts if they are consistent with the principal s objectives if those are known or consistent with the principal s best interests. 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.