HOUSTON POWER OF ATTORNEY LAWYER

The concept that every person has the right to control their own lives is central to state law. However, along with this concept comes the power to grant this ability to other people. Whenever an individual gives the power to control their life to another, we call this a power of attorney.

Having well drafted powers of attorneys are crucial in planning for incapacity and they are designed to prevent guardianship.

Granting power of attorney to others can be a good idea in a variety of situations. Those in poor health may anticipate a pending loss of control or mental capacity. In other situations, people may simply want to empower others to perform specific tasks on their behalf.

A Houston power of attorney lawyer could help you to better understand these legal concepts. They can also help you draft documents that provide powers to others. When crafting your estate plan, it is important to work with a reliable estate planning attorney.

Granting Power of Attorney

Giving another person power of attorney grants that person the ability to make decisions on your behalf. Specifically, people who create these orders give another the ability to undertake matters concerning property and finances.

Powers of attorney come in two separate forms. Durable powers of attorney grant these powers until the grantor’s death or the grantor revokes the order. By contrast, a limited power of attorney lasts for a specific time and exists for a specific purpose.

By state law, there is no specific form that a durable power of attorney must take. However, Texas Estates Code § 752.051 provides a form that carries presumptive legality. Once a person completes and signs this form, the grantee under the form obtains power of attorney.

The skilled Houston power of attorney lawyers at Your Legacy Legal Care can help explain these documents. They will craft the necessary forms in a way that meets a person’s specific needs.

Reasons to Grant Power of Attorney

Powers of attorney are potent legal documents that give another person substantial control over one’s life. The decision to create these documents should only be taken after a comprehensive evaluation of your needs and limitations.

A statutory durable power of attorney gives another person immediate and total control over one’s finances and property. These powers last until the creator’s death, or they revoke the powers at a later date. The receiver of the powers may, at their discretion:

Sell assets
Purchase a home
Lease a vehicle
Transfer stocks

Placing these powers in a person that carries trust is essential.

On the other hand, limited powers of attorney empower others for a specific purpose. For example, a person may be living overseas as a contract employee and want to sell their home. They can create a limited power of attorney giving another person the ability to perform this limited role. Once the purpose of a limited power of attorney is complete, the arrangement immediately comes to an end.

A time comes in many peoples’ lives when they are no longer to control their own property or finances. When this happens, it may be beneficial to grant power of attorney to another. Granting this power means that a nominated person can control another’s finances and property. This can include overseeing sales, arranging a place to live, and more.

A Houston power of attorney lawyer can help you with your needs and create legal solutions. There are many different types of power of attorney solutions, including general power of attorney, medical power of attorney, and durable powers of attorney.

MEDICAL POWER OF ATTORNEY

With a medical power of attorney, you will appoint someone to step in and make medical decisions for you. This goes into effect if you become too ill or are incapacitated and can no longer make decisions these on your own. The person you appoint is often referred to as your attorney-in-fact.

DURABLE POWERS OF ATTORNEY

Durable powers of attorney that allow a trusted friend or family member to control your finances. It can also include creating limited powers of attorney that provide this ability to another for a specific purpose. Reach out today to learn more.

LET A HOUSTON POWERS OF ATTORNEY LAWYER HELP YOU TODAY

The Houston power of attorney lawyers at Your Legacy Legal Care can help answer your questions about setting up powers of attorney. They will guide you through your options of setting up power of attorney documents.

If you need assistance with power of attorney legal documents in Houston, contact us today to learn more.