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Texas financial power of attorney. 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. 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.

Word docx or adobe pdf after downloading the form sign only against those financial powers you wish to transfer to your agent. Statutory durable power of attorney 09 1 2017 page 1 of 6 statutory durable power of attorney notice. 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. The powers granted by this document are broad and sweeping.

If you have any questions about these powers obtain competent legal advice. 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. The new statutory form in texas features a lengthy notice at the top to inform readers that the document grants sweeping powers. With this much responsibility and authority over your financial affairs it is vital that you carefully.

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