Bexar Texas General Power of Attorney with No Durability Provision - Short Form

State:
Multi-State
County:
Bexar
Control #:
US-OG-192
Format:
Word; 
Rich Text
Instant download

Description

This forms is used by a Principal to appoint an Agent as Principal's true and lawful Agent and Attorney in Fact for Principal and in Principal's name, place and stead, for the purposes of transacting any business on behalf of Principal.

A Bexar Texas General Power of Attorney with No Durability Provision — Short Form is a legal document that allows an individual, known as the principal, to appoint someone else, known as the agent or attorney-in-fact, to make decisions on their behalf. This document specifically excludes any durability provision, meaning it automatically becomes invalid if the principal becomes incapacitated or unable to make decisions. The Bexar Texas General Power of Attorney with No Durability Provision — Short Form is designed to provide a straightforward and convenient way for individuals to grant someone else the authority to act on their behalf in various matters. This type of power of attorney allows the agent to handle financial, legal, and other important matters on behalf of the principal. However, it does not grant the agent the authority to make healthcare or medical decisions. In Bexar County, Texas, there may be variations of the General Power of Attorney with No Durability Provision — Short Form tailored to specific circumstances or requirements. Some possible types include: 1. Limited General Power of Attorney: This type restricts the agent's authority to certain specified matters. It allows the principal to grant specific powers to the agent while excluding others. For example, the limited power of attorney may only grant the agent authority to handle real estate transactions or manage financial accounts. 2. Healthcare Power of Attorney: A healthcare power of attorney is specifically focused on granting the agent the authority to make healthcare decisions on behalf of the principal. Unlike a general power of attorney, this document is tailored to medical matters and does not cover financial or legal decisions. 3. Financial Power of Attorney: A financial power of attorney grants the agent authority to handle the principal's financial matters, such as managing bank accounts, paying bills, or making investment decisions. It does not include authority over healthcare decisions or other legal matters. It's important to note that the Bexar Texas General Power of Attorney with No Durability Provision — Short Form, like any legal document, should be carefully reviewed and understood before signing. Furthermore, it is advisable to consult with an attorney to ensure that the document accurately reflects one's wishes and to address any specific concerns or requirements.

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FAQ

With a non-durable POA, your agent's authority ends as soon as you become incapacitated. If you have a durable POA, your agent can continue to make decisions for you even after you become unable to make them yourself.

A statutory form is a form created by a government, usually designed to serve as a model form or a free form for the public. The text of the form resides within the government's statutes. For example, many states have statutory durable powers of attorney forms written into their laws.

AgeLab outlines very well the four types of power of attorney, each with its unique purpose: General Power of Attorney.Durable Power of Attorney.Special or Limited Power of Attorney.Springing Durable Power of Attorney.

What Is a Nondurable Power of Attorney? A nondurable power of attorney is a legal authorization that is limited in scope. The person you specify can act on your behalf in legal and financial matters, which may include signing agreements, approving payments and more.

A durable power of attorney refers to a power of attorney which typically remains in effect until the death of the principal or until the document is revoked.

The opposite of this is a general power of attorney, a comprehensive authority that gives your attorney-in-fact all the powers and rights that you yourself have. A durable power of attorney can be general or limited in scope, however, it remains in effect after you become incapacitated; hence the word durable.

If a power of attorney is durable, it remains valid and in effect even if you become incapacitated and unable to make decisions for yourself. If a power of attorney document does not explicitly say that the power is durable, it ends if you become incapacitated.

The non-durable power of attorney is used only for a set period of time and usually for a particular transaction in which you grant your agent authority to act on your behalf. Once the transaction is completed, or should the principal become incapacitated during this time, the non-durable power of attorney ceases.

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Bexar Texas General Power of Attorney with No Durability Provision - Short Form