F. LAKHANI, ATTORNEY AT LAW
361-993-1313
Durable Power of Attorney
A power of attorney is an instrument by which one person (the principal) grants to another (the agent) the power to perform certain acts on his or her behalf. Two types of powers of attorney are common in the estate planning field, namely the power of attorney for health care and the durable power of attorney.
The Texas Probate Code provides a means for an individual to designate another person to handle his/her affairs. The Durable Power of Attorney may take effect immediately or only upon disability. It can be drafted to provide narrow or extensive powers in the agent. It can provide for a definite termination or be perpetual until specifically revoked by the maker. A properly drafted and executed Durable Power of Attorney is inexpensive and should avoid the necessity for a costly court managed guardianship.
Please feel free to contact us if you would like more information on this subject.
