Legal requirements for Texas power of attorneyĪny adult may create a power of attorney in Texas. You wish to give someone you trust the authority to handle your financial matters in the event you become mentally or physically disabled or incapacitated. You can execute a power of attorney to allow someone else to sign the document on your behalf. For example, you need to sign a deed to transfer title to property, but will be out of the country when that needs to be done. You need to engage is some type of financial activity but can't be present to do so. There are two primary reasons for having a financial power of attorney: By its very nature, a medical power of attorney is both durable and springing. This gives the agent the authority to make medical treatment decisions for you if you become mentally or physically unable to make your own decisions. By its very nature, a springing power of attorney is also a durable power of attorney. This gives authority to the agent only if and when the principal becomes disabled or incapacitated. This continues in effect after the principal becomes mentally or physically disabled or incapacitated. This gives the agent authority to act in a limited way, such as to engage in a specific transaction or for a limited period of time.
This gives the agent authority to act in a broad range of matters. To understand powers of attorney, it will be helpful to know a few basic terms: Power of attorney basicsĪ power of attorney is a legal document, whereby one person, called the "principal," gives another person, called the "agent" or the "attorney in fact," the authority to take certain actions on behalf of the principal. Texas has separate power of attorney requirements for financial matters and for health care. It can also enable someone you trust to handle your finances should you become disabled or incapacitated.
To learn more about why a power of attorney should be notarized, or to find out about any services that Sidhu & Associates offers, please contact us at 60 or fill out a contact form on our website and we will get back to you as soon as we can.A power of attorney or POA can enable you to engage in financial transactions when you can't be present to sign documents. A power of attorney has a high degree of authority over matters that are potentially life-changing, so having the document examined by an experienced and unbiased set of eyes can help to ensure that no mistakes are made and that your best interests are properly represented. In most other situations, a power of attorney will simply require the signatures of witnesses.ĭespite the fact that it is not always necessary to have a power of attorney notarized, it is always recommended. If the power of attorney allows for the sale or disposal of property, a notary will need to be involved. When Does a Power of Attorney Need to be Notarized?Īlthough it is not legally required to have a power of attorney notarized in most jurisdictions and situations, there are circumstances that will require notarization in order to make the document legally valid. It is extremely common for powers of attorney to be created for individuals who are advancing in age or have a debilitating mental or medical condition. There are many reasons that a power of attorney might be drawn up if somebody is going to be out of the country for an extended period of time, they might need somebody to handle property, banking, or business affairs on their behalf. What is a Power of Attorney?Ī power of attorney is a legally binding document that gives one person authority to act on behalf of another in financial and legal affairs. Knowing when a power of attorney needs to be notarized can be tricky, so we offer assistance to clients to ensure that their document is valid.
At Sidhu & Associates, we are an Abbotsford notary who provides assistance in the entire process involved in creating a legally valid power of attorney document. When putting together a power of attorney, it is important to know the benefits of having a notary public aid in assembling the documents.
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