Texas Power Of Attorney Template

The texas power of attorney is defined in the texas statutes chapter xii.
Texas power of attorney template. Texas power of attorney requirements. A power of attorney is a legal document whereby you can authorize another person to perform financial or other actions for you just as you would be able to. The texas power of attorney forms enable an individual to choose a trusting person called an agent or attorney in fact to make financial medical parentalguardianship minor child and vehicle related decisions on their behalf. Within this arrangement the person who grants authority over his or her affairs is called the principal and the person who accepts authority is called the agent or attorney in fact.
Any adult with assets or property in texas can benefit from a power of attorney which is a document that gives a person the legal authority to handle anothers business and financial transactions and other specifically noted duties. Durable power of attorney act it clearly states that an adult resident of texas may designate another person as his attorney in fact or agent to perform certain actions or to make decisions on behalf of the principal. A texas power of attorney is a power of attorney form complies with title 2 chapter 751 of the texas estate codes.