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The decisions they make would be binding as if you had made the decisions yourself.
Pdf free printable durable power of attorney form texas. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. 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. There are also special forms referred to as durable that allow the document to remain effective even if the. It also directs the reader to the durable power of attorney act which explains these powers and has a notice at the end stating that the agent assumes fiduciary and other legal duties by accepting the appointment.
They are explained in the durable power of attorney act subtitle p title 2 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 powers granted by this document are broad and sweeping. With this much responsibility and authority over your financial affairs it is vital that you carefully.
The new statutory form in texas features a lengthy notice at the top to inform readers that the document grants sweeping powers. Word docx or adobe pdf after downloading the form sign only against those financial powers you wish to transfer to your agent. Texas financial power of attorney. If you have any questions about these powers obtain competent legal advice.
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