Statutory durable power of attorney texas 2021 pdf
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IF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS,OBTAIN COMPETENT LEGAL ADVICE TEXAS DURABLE POWER OF ATTORNEY. They are explained in the Durable Power of Attorney Act, subtitle Instructions. Updated/ Purpose. THEY ARE EXPLAINED IN THE DURABLE POWER OF ATTORNEY ACT,SUBTITLE P,TITLE 2,OF THE TEXAS. This form is for designating an agent who is empowered to take certain actions regarding your property. they are explained in the durable power of attorney act, subtitle p, Statutory Durable Power of Attorney. § highlights the restrictions on and considerations for gifts and transfers A fiduciary duty generally includes the duty to—. THEY ARE A Texas durable power of attorney form appoints an agent to represent the financial interests of another person. It does not State of Texas. Download: PDF or MS Word. (5) disclose your identity as an agent when you act It does not authorize anyone to make medical and other healthcare isions for you Statutory Durable Power of Attorney. isions made by the agent have the same legal weight as statutory durable power of attorney notice: the powers granted by this document are broad and sweeping. This form is for designating an agent who is empowered to take certain actions regarding your property. NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. Restrictions on Gifts and Transfers. NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. THEY ARE EXPLAINED IN THE DURABLE POWER OF ATTORNEY ACT, SUBTITLE P, TITLE 2, ESTATES CODEIF YOU HAVE ANY QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE Definitions. Updated/ Purpose. ESTATES CODE. (1) act in good faith; (2) do nothing beyond the authority granted in this power of attorney; (3) act loyally for the principal’s benefit; (4) avoid conflicts that would impair your ability to act in the principal’s best interest; and. Durable Power of Attorney – Durable POA refers to a record, such as a written document, that complies with the requirements in § (§ (4)). Notice: The powers granted by this document are broad and sweeping. Instructions. TEXAS DURABLE POWER OF ATTORNEY. Specific Powers and Limitations.