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Drafting Powers of Attorney

Contact Our Experienced Estate Planning Attorneys for Assistance

Power of attorney is granted by an individual (the principal) to another person (the agent) and allows the agent to make certain decisions on behalf of the principal. Durable powers of attorney, which do not end when the principal becomes incapacitated, allows you to prepare for the possibility that you may become unable to care for yourself in some way. Our firm can help you understand your options and devise a plan tailored to your situation and needs. Though it is not required that you use a lawyer to draft powers of attorney, having an experienced estate planning attorney assist you throughout the process can help you ensure that your interests are protected.

Contact us online or by phone at (713) 936-9620 to learn more about how our team can help you with powers of attorney.

Types of Powers of Attorney in Texas

There are different types of powers of attorney, and the responsibilities of an agent can range from medical to financial in nature.

The most common types of powers of attorney include:

  • General Power of Attorney: Grants authority in regards to financial and related matters, including real estate transactions, investments, personal banking, and more.
  • Healthcare/Medical Power of Attorney: Allows the agent to make medical decisions on behalf of the principal in the event that he or she is incapacitated or cannot make these decisions.
  • Special Power of Attorney: Restricts the authority of the agent by precisely defining his or her abilities; typically used for single real estate transactions and other similar matters.

Any of these types of powers of attorney can be made durable—all this means is that the agent will continue to have authority in the event that you are mentally incapacitated at the time the power of attorney was initially meant to expire. Furthermore, there are other options aside from those listed here—such as springing durable power of attorney, which delays the agent’s authority and statutory durable power of attorney, which allows for a broad scope of authority. It is also possible to draft multiple powers of attorney. Our team can help you determine the best course of action for your unique situation.

Speak with a Member of Our Legal Team

When selecting an agent, it is important that you choose someone you trust. Remember, this person will have authority to make decisions on your behalf and, while it is absolutely possible to revoke powers of attorney, you may be unable to do so if you are deemed mentally incapable. Furthermore, drafting powers of attorney can be a complex process, and it is always wise to have a knowledgeable attorney on your side. At KMD, we are prepared to answer your questions and address any concerns you may have. Our estate planning attorneys are well-versed in all aspects of estate planning and powers of attorney.

Need help drafting powers of attorney? Have questions or legal concerns? Contact our office at (713) 936-9620 to speak with an experienced lawyer today.

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