A Texas limited power of attorney form is used to handle specific financial responsibilities on behalf of someone else. The representation allowed by the principal must be explicitly stated in the power of attorney and the third party presented with this form (the attorney-in-fact) must clearly understand the principal’s intentions. Most commonly, the form becomes void upon the completion of the stated actions, at a predetermined time, through the writing of a revocation form, or upon the incapacitation of death of the principal.
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