A Texas general power of attorney gives a representative (the “agent”) the ability to make decisions and execute documents on behalf of the person creating the document (the “principal”). The authorization bestowed on the agent will be defined in the document, allowing them to effectively manage the principal’s financial, business, and property interests. In the event of the principal’s incapacitation, the power of attorney will terminate automatically. The arrangement may also be terminated if the principal revokes it in writing or if a termination date is reached. State law requires that a notary public witnesses the principal’s signature and notarizes the document for it to be valid.
Durable Power of Attorney – A power of attorney that is unaffected by the principal’s incapacity or disability. Alternatively, it may become effective if the principal is incapacitated.