This form is a revocation of the authority granted in Form TX-P010 that gives your attorney in fact (your agent) broad powers to make decisions regarding property, financial, business, insurance and other matters that remain in effect even if you are incapacitated. This form must be signed and notarized.
The Austin Texas Revocation of Statutory General Power of Attorney is a legal document that allows an individual to cancel or terminate a previously executed power of attorney. This revocation is specific to the statutory general power of attorney, which grants broad authorization to an appointed agent, referred to as the attorney-in-fact, to handle various financial and legal matters on behalf of the principal. By executing the Revocation of Statutory General Power of Attorney, the principal nullifies the authority granted to the attorney-in-fact and ensures that they no longer have the power to act on their behalf. This revocation should be done in writing and must clearly state the intent to terminate the power of attorney. The document should include essential information, such as the principal's name, address, and the date the original power of attorney was executed. It is crucial to mention the specific powers granted in the original power of attorney and to explicitly state their revocation. Additionally, the principal's signature, along with the date of revocation, is required to make the revocation legally binding. It is essential to consider that there may be different variations or types of Revocation of Statutory General Power of Attorney in Austin, Texas. These may include specific revocations for financial matters, healthcare decisions, or real estate transactions. Each type of revocation is tailored to address the particular powers granted in the corresponding power of attorney. To ensure the revocation is effective, it is advisable to consult with an attorney who specializes in estate planning and power of attorney matters. They can provide guidance on the proper procedures and legal requirements for revoking a power of attorney in Austin, Texas, and ensure that the revocation is valid and enforceable. In summary, the Austin Texas Revocation of Statutory General Power of Attorney is a legal document used to cancel or terminate a previously executed power of attorney. It is crucial to carefully follow the guidelines provided by the state of Texas and consult with an attorney to ensure the validity and effectiveness of the revocation.
