This form is provided in the Texas Probate Code. It 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.
The Bexar Texas Statutory General Power of Attorney with Durable Provisions is a legal document that grants an appointed individual or "agent" the authority to act on behalf of another person, known as the "principal," in various financial and legal matters. This type of power of attorney is particularly focused on providing durability, meaning it remains effective even if the principal becomes incapacitated or mentally incompetent. In Bexar County, Texas, there are a few different types of Statutory General Power of Attorney with Durable Provisions that can be utilized, depending on the specific needs and circumstances of the principal. Some of these variations include: 1. Limited Power of Attorney: This specific type of power of attorney grants the agent authority to act on behalf of the principal only in certain specified matters. For instance, it may be limited to handling specific financial transactions or managing a particular property. 2. Medical Power of Attorney: Although not strictly within the realm of a general power of attorney, it is worth mentioning that Bexar County also recognizes the Medical Power of Attorney. This type specifically grants an agent the authority to make healthcare decisions for the principal in the event they become unable to do so themselves. 3. General Power of Attorney: This is the most comprehensive type and allows the agent to handle almost all aspects of the principal's financial affairs, legal matters, and property management. It grants the broadest powers, enabling the agent to act on behalf of the principal in various transactions, banking activities, taxation decisions, and more. 4. Springing Power of Attorney: This type of power of attorney "springs" into effect only when a specified event or condition occurs, typically the incapacitation of the principal. Until the triggering event occurs, the agent does not possess any authority. It can be useful for individuals who prefer to maintain control over their affairs until they are no longer capable of doing so. The Bexar Texas Statutory General Power of Attorney with Durable Provisions ensures the principal's interests and affairs are safeguarded in case of incapacitation or incompetence. It is crucial for individuals seeking to establish this legal document to consult an attorney familiar with Texas law to ensure it meets all applicable requirements and addresses their specific needs.The Bexar Texas Statutory General Power of Attorney with Durable Provisions is a legal document that grants an appointed individual or "agent" the authority to act on behalf of another person, known as the "principal," in various financial and legal matters. This type of power of attorney is particularly focused on providing durability, meaning it remains effective even if the principal becomes incapacitated or mentally incompetent. In Bexar County, Texas, there are a few different types of Statutory General Power of Attorney with Durable Provisions that can be utilized, depending on the specific needs and circumstances of the principal. Some of these variations include: 1. Limited Power of Attorney: This specific type of power of attorney grants the agent authority to act on behalf of the principal only in certain specified matters. For instance, it may be limited to handling specific financial transactions or managing a particular property. 2. Medical Power of Attorney: Although not strictly within the realm of a general power of attorney, it is worth mentioning that Bexar County also recognizes the Medical Power of Attorney. This type specifically grants an agent the authority to make healthcare decisions for the principal in the event they become unable to do so themselves. 3. General Power of Attorney: This is the most comprehensive type and allows the agent to handle almost all aspects of the principal's financial affairs, legal matters, and property management. It grants the broadest powers, enabling the agent to act on behalf of the principal in various transactions, banking activities, taxation decisions, and more. 4. Springing Power of Attorney: This type of power of attorney "springs" into effect only when a specified event or condition occurs, typically the incapacitation of the principal. Until the triggering event occurs, the agent does not possess any authority. It can be useful for individuals who prefer to maintain control over their affairs until they are no longer capable of doing so. The Bexar Texas Statutory General Power of Attorney with Durable Provisions ensures the principal's interests and affairs are safeguarded in case of incapacitation or incompetence. It is crucial for individuals seeking to establish this legal document to consult an attorney familiar with Texas law to ensure it meets all applicable requirements and addresses their specific needs.
