Statutory Durable Power of Attorney
A statutory durable power of attorney allows a person (known as the principal) to appoint an agent to handle the principal’s business, financial, tax, and property matters during the person’s lifetime. The principal may elect to have the statutory durable power of attorney become effective immediately or upon the principal’s subsequent disability. The authority of the agent under the statutory durable power of attorney terminates upon the principal’s death.
Frequently Asked Questions
What is the effect of an act performed by an attorney in fact or agent during the principal's disability or incapacity?
What is the relation of an attorney in fact or agent to a court-appointed guardian of the estate of the principal?
What is the effect of the principal's divorce or marriage annulment if the former spouse was appointed attorney in fact or agent?
What is the effect of an act done in good faith following the revocation of a statutory durable power of attorney where the termination of the attorney in fact or agent's authority thereunder, but without knowledge of such revocation or termination?
What is the effect of a bankruptcy proceeding filed by or against a principal?
What is the effect of a revocation of a durable power of attorney on a third party?
What are the duties of an attorney in fact or agent acting under a statutory durable power of attorney?
What is the effect of the attorney in fact or agent's failure to comply with his duties?
Please visit our offices located in the Harvey Professional Building at 2629 E. Grauwyler Rd., Irving, Texas, in the heart of the Dallas-Fort Worth metroplex. Give us the chance to earn your trust and respect. Call us today.
Frequently Asked Questions
What is the effect of an act performed by an attorney in fact or agent during the principal's disability or incapacity?
What is the relation of an attorney in fact or agent to a court-appointed guardian of the estate of the principal?
What is the effect of the principal's divorce or marriage annulment if the former spouse was appointed attorney in fact or agent?
What is the effect of an act done in good faith following the revocation of a statutory durable power of attorney where the termination of the attorney in fact or agent's authority thereunder, but without knowledge of such revocation or termination?
What is the effect of a bankruptcy proceeding filed by or against a principal?
What is the effect of a revocation of a durable power of attorney on a third party?
What are the duties of an attorney in fact or agent acting under a statutory durable power of attorney?
What is the effect of the attorney in fact or agent's failure to comply with his duties?
Please visit our offices located in the Harvey Professional Building at 2629 E. Grauwyler Rd., Irving, Texas, in the heart of the Dallas-Fort Worth metroplex. Give us the chance to earn your trust and respect. Call us today.
