Durable Power of Attorney Texas Form – PDF

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A 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 representative chosen by the principal should be trustworthy and act in the best interests of the principal only.

“Durable” Definition § 751.002(4)

Laws § 751.0021

Signing Requirements – Notary Public (§ 751.0021(4))

Unless restricted by the principal, the powers granted to the agent are as follows:

  • Real property transactions; 
  • Tangible personal property transactions; 
  • Stock and bond transactions; 
  • Commodity and options transactions; 
  • Banking and other financial institution transactions; 
  • Business operating transactions; 
  • Insurance and annuity transactions; 
  • Estate, trust, and other beneficiary transactions; 
  • Claims and litigation; 
  • Personal and family maintenance; 
  • Benefits from social security, Medicare, Medicaid, or other governmental programs or civil or military service; 
  • Retirement plan transactions; 
  • Tax matters.