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Preview - Texas Durable Power of Attorney Form

Texas Durable Power of Attorney

This Durable Power of Attorney is executed in accordance with Texas law and is intended to grant the designated agent broad authority to act on behalf of the principal.

Principal: ________________________________________

Address: ________________________________________

City, State, Zip Code: __________________________

Date of Birth: ____________________________________

Agent: __________________________________________

Address: ________________________________________

City, State, Zip Code: __________________________

Relationship to Principal: _______________________

This Durable Power of Attorney will become effective immediately and will continue to be effective even if I become incapacitated.

The agent is authorized to perform the following actions on my behalf:

  • Manage my real estate and property transactions.
  • Handle banking transactions, including deposits and withdrawals.
  • Make healthcare decisions if I become incapacitated.
  • Manage my tax matters, including the preparation and filing of tax returns.
  • Conduct business operations on my behalf.

This authority shall not be affected by my subsequent disability or incapacity, and it shall remain in effect until I revoke it in writing.

This Durable Power of Attorney may be revoked by me at any time, provided that I notify the agent and all relevant institutions in writing.

In witness whereof, I have executed this Durable Power of Attorney on __________________________.

______________________________

Principal's Signature

______________________________

Notary Public

State of Texas

County of _______________________

Before me, the undersigned authority, personally appeared __________________________, known to me (or satisfactorily proven) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he/she executed the same for the purposes therein expressed.

Given under my hand and seal this ____ day of ____________, 20__.

______________________________

Notary Public Signature

My Commission Expires: __________________________

Similar forms

The Durable Power of Attorney (DPOA) is a crucial legal document that allows someone to make decisions on behalf of another person when they are unable to do so. Several other documents serve similar purposes in terms of granting authority or managing affairs. Here are eight documents that share similarities with the Durable Power of Attorney:

  • General Power of Attorney: This document allows an agent to act on behalf of the principal in a wide range of matters, including financial and legal decisions. Unlike the DPOA, it may become invalid if the principal becomes incapacitated.
  • Health Care Proxy: A health care proxy designates someone to make medical decisions for another person if they are unable to communicate their wishes. It focuses specifically on health care, unlike the broader DPOA.
  • Living Will: This document outlines a person's wishes regarding medical treatment in situations where they are unable to express their preferences. It complements the health care proxy by providing guidance on specific medical decisions.
  • Financial Power of Attorney: Similar to the DPOA, this document grants authority specifically for financial matters. It can be limited to certain transactions or broad in scope, depending on the principal's needs.
  • Revocable Living Trust: A revocable living trust allows a person to manage their assets during their lifetime and designate how those assets will be distributed after death. It provides flexibility and control, similar to a DPOA for financial matters.
  • Advance Directive: This document combines a living will and health care proxy. It provides instructions for medical treatment and appoints someone to make decisions on behalf of the individual, similar to the DPOA's purpose in health care contexts.
  • Guardian or Conservatorship: When a court appoints a guardian or conservator, that individual has the authority to make decisions for someone deemed incapacitated. This is a more formal process than a DPOA and often involves ongoing court oversight.
  • Beneficiary Designation: This document allows individuals to designate who will receive their assets upon death. While it does not grant decision-making authority like a DPOA, it is essential for managing and distributing assets effectively.