A Houston Texas Revocable Proxy is a legal document that allows an individual (the principal) to appoint another person (the agent) to make decisions on their behalf. The primary characteristic of a revocable proxy is that the principal has the power to change or revoke the proxy at any time. In Houston, Texas, revocable proxies are commonly used in various situations, such as personal, business, and healthcare matters. The document enables the agent to act on behalf of the principal and make decisions within the specified scope of authority. Some examples of different types of Houston Texas Revocable Proxies include: 1. Financial Revocable Proxy: This type of proxy grants the agent the authority to make financial decisions on behalf of the principal. It could involve managing bank accounts, documents related to investments, property transactions, or other financial matters. 2. Healthcare Revocable Proxy: A healthcare proxy allows the designated agent to make medical decisions for the principal if they become incapable of doing so. This proxy comes into effect when the principal is unable to provide informed consent due to physical or mental incapacitation. 3. Business Revocable Proxy: In the context of business, a revocable proxy might be used to grant an agent the power to act on behalf of a business owner. This can include signing contracts, entering into agreements, or making strategic decisions within the predefined boundaries set by the principal. 4. Legal Revocable Proxy: This type of proxy grants an agent the authority to make legal decisions and represent the principal in legal matters. It could involve attending court hearings, signing legal documents, or initiating legal actions. 5. Real Estate Revocable Proxy: This proxy could be used when a principal wants to grant an agent the power to manage their real estate properties in Houston, Texas. The agent may handle property transactions, rent collection, property maintenance, or other related responsibilities. Houston Texas Revocable Proxies are essential legal tools that allow individuals to appoint someone they trust to act on their behalf. However, it is crucial to consult an attorney experienced in Texas laws to ensure that the proxy is drafted properly and aligns with the specific requirements of the principal's situation.