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.
McAllen, Texas Statutory General Power of Attorney with Durable Provisions is a legal document that empowers an individual, referred to as the principal, to grant broad powers to another person, known as the attorney-in-fact or agent, to act on their behalf in various financial and legal matters. This type of power of attorney allows the agent to make decisions and take actions even if the principal becomes mentally or physically incapacitated. In McAllen, Texas, there are a few different types of Statutory General Power of Attorney with Durable Provisions available, each serving specific purposes: 1. Standard McAllen Texas Statutory General Power of Attorney with Durable Provisions: This is the most common type where the principal grants comprehensive powers to the agent. The powers can include managing bank accounts, paying bills, making real estate transactions, handling tax matters, and conducting business transactions. The durable provision ensures that the power of attorney remains effective even if the principal later becomes incapacitated. 2. Limited McAllen Texas Statutory General Power of Attorney with Durable Provisions: In this type, the principal grants limited powers to the agent, specifying the exact tasks or decisions the agent can handle. This is often used when the principal wants to delegate certain responsibilities but retain control over others. 3. Medical McAllen Texas Statutory General Power of Attorney with Durable Provisions: This specific type of power of attorney focuses mainly on healthcare decisions. The principal designates an agent to make medical choices on their behalf, such as selecting treatment options, consenting to surgeries, accessing medical records, and communicating with healthcare providers. This power of attorney comes into effect only when the principal is declared unable to make their own medical decisions. 4. Financial McAllen Texas Statutory General Power of Attorney with Durable Provisions: This specialized power of attorney grants authority to the agent to manage the principal's financial affairs exclusively. It may include tasks like filing tax returns, handling investments, collecting debts, executing contracts, and managing assets such as real estate or bank accounts. The durable provisions ensure that the agent's authority persists even if the principal becomes incapacitated. It is crucial to consult with a qualified legal professional or attorney when creating a McAllen, Texas Statutory General Power of Attorney with Durable Provisions. Each individual's circumstances may require customized provisions to meet their unique needs and preferences.
