This form is provided in the Texas Probate Code. It gives your attorney in fact (your agent) broad powers to make decisions regarding property, financial, business, insurance and other matters that remain in effect even if you are incapacitated.
This form is provided in the Texas Probate Code. It gives your attorney in fact (your agent) broad powers to make decisions regarding property, financial, business, insurance and other matters that remain in effect even if you are incapacitated.
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Take the listed steps to complete your Statutory Durable Power Of Attorney Form Texas:
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Texans can access free financial POA forms and a free medical POA template online. Complete your POA form, sign it, and execute it. If you're making a financial POA, sign your document in the presence of a notary public.
Texas's statutory form of durable power of attorney is found in Section 752.051 of the Texas Estates Code. It is a financial durable power of attorney - this means that it only allows the agent to handle financial matters. It does not permit the agent to make decisions about the principal's health care.
Under the Texas Estates Code, statutory durable power of attorney can be used to appoint an agent to make certain financial decisions for you should you be unable to do so. Although it cannot be used for healthcare or medical decisions, it is an important part of a comprehensive estate plan.
2. Sign your POA with the required notary or witnesses present. For a statutory POA you'll need to have the document notarized; for a medical POA you can have two witnesses instead, as long as one of them is a ?disinterested? party.
Texas's statutory form of durable power of attorney is found in Section 752.051 of the Texas Estates Code. It is a financial durable power of attorney - this means that it only allows the agent to handle financial matters. It does not permit the agent to make decisions about the principal's health care.