![]() I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney. Termination of this power of attorney is not effective as to a third party until the third party has actual knowledge of the termination. I agree that any third party who receives a copy of this document may act under it. This power of attorney continues until I revoke it or it is terminated by my death or other event described in Subtitle P, Title 2 of the Texas Estates Code. If the Agent is my spouse, then I also hereby appoint, of, as my substitute Agent solely for the purpose of releasing any dower, homestead or other inchoate interest or other property rights (of whatever nature), which under local law may not be released by my spouse. If we become legally separated or divorced, the other Agent shall serve alone. If the Agent is unable to serve for any reason, I appoint, of, ,, as my alternate or Successor Agent, as the case may be to serve with the same powers and discretions. This power of attorney shall become effective. A third party who accepts this power of attorney is fully protected from any action taken under this power of attorney that is based on the determination made by a physician of my disability or incapacity. I authorize the physician who examines me for this purpose to disclose my physical or mental condition to another person for purposes of this power of attorney. I shall be considered disabled or incapacitated for purposes of this power of attorney if a physician certifies in writing at a date later than the date this power of attorney is executed that, based on the physician's medical examination of me, I am mentally incapable of managing my financial affairs. ![]() The fiduciary powers that my Agent are authorized to exercise, along with the persons for whom I act as a fiduciary, are as follows: Renounce an interest in property, including a power of appointment Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a survivor benefit under a retirement planĪccess the content of electronic communicationsĮxercise fiduciary powers that the principal has authority to delegate and that are expressly and clearly identified (including the persons for which the principal acts as a fiduciary) in the special instructions Make a gift, subject to the limitations of and any special instructions in this power of attorneyĬreate or change a beneficiary designationĪuthorize another person to exercise the authority granted under this power of attorney SPECIAL INSTRUCTIONS APPLICABLE TO CO-AGENTS:Ĭreate, amend, revoke, or terminate an inter vivos trust ![]() My agent is entitled to reimbursement of reasonable expenses incurred on my behalf and to compensation that is reasonable under the circumstances.My agent is entitled to reimbursement of reasonable expenses incurred on my behalf but shall receive no compensation for serving as my agent. ![]() However, the preceding sentence shall not have the effect of revoking any powers of attorney that are directly related to my health care that previously have been signed by me. However, if prompt action is required to accomplish the purposes of the Power of Attorney or to avoid irreparable injury to my interests and an Agent is unavailable because of absence, illness, or other temporary incapacity, the other Agent may act for me.īanking and other financial institution transactionsĮstate, trust, and other beneficiary transactionsīenefits from social security, Medicare, Medicaid, or other governmental programs or civil or military serviceĭigital assets and the content of an electronic communication ![]() of, , and of, , as my attorneys-in-fact (collectively referred to as my "Agent"). of, ,, as my attorney-in-fact ("Agent") to exercise the powers and discretions described below. THEY ARE EXPLAINED IN THE DURABLE POWER OF ATTORNEY ACT, SUBTITLE P, TITLE 2, ESTATES CODE. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |