Free Texas Power of Attorney Template
Texas Power of Attorney
I, [Your Name] (hereinafter referred to as the "Principal"), residing at [Your Company Address], hereby appoint [Attorney's Name] (hereinafter referred to as the "Attorney-in-Fact"), residing at [Attorney's Address], to act in my capacity to do any acts and things that I could do personally, with full power of substitution and revocation.
I. Scope of Authority
This Power of Attorney grants the Agent the authority to handle various financial, legal, and healthcare affairs on behalf of the Principal, within the boundaries of Texas law. The Agent is authorized to undertake actions and make decisions as described in the Specific Powers section below.
II. Effective Date and Duration
This Power of Attorney, which is granted, will officially begin and be recognized on the specific date, referred to as the [EFFECTIVE DATE]. Once activated, it will continue to stay valid and exert its full legal force and effect up until a predetermined date known as the [EXPIRATION DATE], unless I, for some reason, decide to initiate and execute its revocation at an earlier date or time before the aforementioned expiration period.
III. Revocation Clause
I, [Your Name], hold the unrestricted power to revoke, cancel, or end the Power of Attorney granted to me at any given time and for any given reason. I retain this right, and it operates without any constraints or conditions, allowing me to act on it based on various possible events or situations that may occur.
IV. Specific Powers
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Real Estate Transactions: The Agent is authorized to manage, buy, sell, or transfer real estate properties on behalf of the Principal, including but not limited to signing deeds, contracts, and other necessary documents.
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Financial Management: The Agent is empowered to access, manage, and control bank accounts, including making deposits, withdrawals, and transfers, as well as managing investments, stocks, bonds, and other financial assets.
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Legal Representation: The Agent is granted authority to enter into contracts and agreements, including legal and financial documents, on behalf of the Principal, and to represent the Principal in legal matters.
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Healthcare Decision Making: The Agent is permitted to make healthcare decisions and consent to medical treatment on behalf of the Principal under the Principal's wishes, including decisions regarding medical procedures, treatment options, and healthcare providers.
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Digital Assets Management: The Agent is given the power to access and manage digital assets and online accounts belonging to the Principal, including but not limited to email accounts, social media profiles, and cloud storage accounts.
V. Incapacity Provisions
The assigned Power of Attorney will remain valid, enforceable, and authoritative, even if I become physically or mentally incapacitated or incompetent.
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Continuation of Authority: Even in situations where I may experience physical or mental incapacity, the designated Power of Attorney remains fully valid and enforceable, ensuring that necessary decisions can still be made on my behalf.
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Uninterrupted Influence: Despite any incapacity or incompetency on my part, the Power of Attorney retains its authority, allowing for continuity in managing my affairs without disruption.
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Safeguarding Decision-Making: This provision ensures that even in challenging circumstances, the Power of Attorney can act in my best interests, protecting my assets and well-being.
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Assurance of Representation: By maintaining validity during incapacity, this clause provides peace of mind that my interests will be looked after by the appointed Power of Attorney when I am unable to make decisions myself.
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Clarity in Legal Standing: This provision solidifies the legal standing of the Power of Attorney, affirming its ability to act on my behalf without hindrance in situations of incapacity or incompetency.
VI. Governing Law
This Power of Attorney shall be governed by the laws of the State of TEXAS.
VII. Miscellaneous Provisions
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The Agent shall act in the best interests of the Principal and shall keep accurate records of all transactions conducted on behalf of the Principal.
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The Agent shall not commingle the Principal's assets with their own and shall maintain the confidentiality of all information obtained while acting as the Agent.
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Any third party who receives a copy of this Power of Attorney may rely upon it as if it were an original document.
IN WITNESS WHEREOF, the Principal has signed this Power of Attorney.
VII. Signatures and Notary
ACKNOWLEDGEMENT OF THE PRINCIPAL
This Power of Attorney shall be effective immediately upon my signature and shall remain valid until my explicit and written revocation.
[YOUR NAME]
[DATE]
ACCEPTANCE OF THE AGENT
I, [AGENT NAME], acknowledge that I have read and understood the terms and responsibilities outlined in this Power of Attorney document. I accept the appointment as Agent and agree to act under the instructions and limitations provided herein.
[AGENT'S NAME]
[DATE]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
My Commission Expires: