Texas General Power of Attorney

TEXAS DURABLE POWER OF ATTORNEY

I, [Sender.FirstName][Sender.LastName], appoint [Agent.FirstName][Agent.LastName] at [Agent.State][Agent.City][Agent.StreetAddress][Agent.PostalCode] as my Agent to act for me in any lawful way with respect to all of the following powers that I have initialed below:

1. Real Property Transactions;

2. Tangible Personal Property Transactions;

3. Stock and Bond Transactions;

4. Commodity and Option Transactions;

5. Banking and Other Financial Institution Transactions;

6. Business Operating Transactions

7. Insurance and Annuity Transactions

8. Estate, trust, and other Beneficiary Transactions;

9. Claims and Litigation;

10. Personal and Family Maintenance;

11. Benefits from Social Security, Medicare, Medicaid or other Governmental Programs or Civil or Military Service

12. Retirement Plan Transactions;

13. Tax Matters;

14. Digital Assets and the Content of an Electronic Communication

15. ALL OF THE POWERS LISTED IN (A) THOUGH (N). 

SPECIAL INSTRUCTIONS

Agent Compensation.

My agent is entitled to reimbursement of reasonable expenses incurred on my behalf and to compensation that is reasonable under the circumstances.

My agent is entitled to reimbursement of reasonable expenses incurred on my behalf but shall receive no compensation for serving as my agent.

Co-Agents.

Each of my co-agents may act independently for me

My co-agents may act for me only if the co-agents act jointly

My co-agents may act for me only if a majority of the co-agents act jointly

Gifts.

I grant my agent the power to apply my property to make gifts outright to or for zbenefit of a person, including by the exercise of a presently exercisable general power of appointment held by me, except that the amount of a gift to an individual may not exceed the amount of annual exclusions allowed from the federal gift tax for the calendar year of the gift.

Effectiveness.

This power of attorney is not affected by my subsequent disability or incapacity. 

This power of attorney becomes effective upon my disability or incapacity.

Determination of Disability or Incapacitation.

I shall be considered disabled or incapacitated for purposes of this Power of Attorney if a physician certifies in writing at a date later than the date this Power of Attorney is executed that, based on the physicians’s medical examination of me, I am mentally incapable of managing my financial affairs. I authorize the physician who examines me for this purpose to disclose my physical or mental condition to another person for purposes of this Power of Attorney. A third party who accepts this Power of Attorney is fully protected from any action taken under this Power of Attorney that is based on the determination made by a physician of my disability or incapacity.

Third Party Rights and Indemnification.

I agree that any third party who receives a copy of this document may act under it. Termination of this Power of Attorney is not effective as to a third party until the third party has actual knowledge of the termination. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this Power of Attorney. The meaning and effect of this Power of Attorney is determined by Texas Law.

Agent’s Successor.

If any agent named by me dies, becomes incapacitated, resigns, or refuses to act, or is removed by court order, or if my marriage to an agent named by me is dissolved by a court decree of divorce or annulment or is declaired void by a court (unless I provided in this document that the dissolution or declaration does not terminated the agen’t authority to act under this Power of Attorney), I name the following (each to act alone and successively, in the order named as successor(s) to that agent:

​[Successor.FirstName][Successor.LastName]

​[Successor.State][Successor.StreetAddress][Successor.City][Successor.PostalCode]​

Governing Law.

Notary Acknowledgement

This document was acknowledged before me on [Document.CreatedDate] by [Notary.FirstName][Notary.LastName]​.