[TX] How do I set up a power of attorney to manage my father’s financial accounts if he loses capacity?

TX Estate Planning

Liz

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Texas Durable (Statutory) Power of Attorney

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I need a power of attorney to assign myself as a decision maker for my Dad's financial accounts at a Financial Services company. Who do you recommend I use in the Cedar Park, TX area?

Lexi, Chatbot

I understand that navigating financial decisions for a loved one can be challenging. Have you already discussed the power of attorney with your dad and obtained his consent?

Yes.

Lexi, Chatbot

Are you looking for a lawyer who specializes specifically in estate planning or financial matters?

Yes.

Lexi, Chatbot

Is there anything else the Lawyer should know before I connect you? Rest assured they'll be able to help with your power of attorney.

No.

Liz

Hi there! My name is Liz and I’ve been an attorney for more than a decade, and I am here to assist with your legal concerns. So I can best help, does your dad currently have capacity and want to grant you Power of Attorney?

Yes.

Liz

Wonderful. Does he want you to be decision maker if he loses capacity?

Yes.

Liz

Great! You could use a durable power of attorney for that. (TX Est Code § 751.031)

You will need a notary for it, but most banks have one.

Ok thank you. so I can take it from here? Thank you for your help. I appreciate it! Good evening.

Liz

You're very welcome. Have a great evening too!

Liz

43,836 satisfied customers

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