To set up a power of attorney in Texas, you need to create a legal document that designates someone to make decisions on your behalf. You can do this by drafting a power of attorney form, signing it in front of a notary public, and having it witnessed by two adults. It is recommended to consult with a lawyer to ensure the document meets all legal requirements in Texas.
You would have to ask your father. Or the court that granted it.
You should have an attorney make a Power of Attorney resignation letter. If there is no attorney, you will write up a letter expressing your desires and have it notarized.
The answer is 'it depends'. Accepting the role of power of attorney carries with it certain responsibilities and liabilities, most of the time, family members are appointed as attorney, and ordinarily it would not make sense for them to be paid. In my experience, no family member who has ever been appointed power of attorney has ever been paid. Most of the time, is a lay person seeks payment, it is a ruse to cover up abuse of the attorney powers. Professionals acting as attorney however, be they estate practitioners, solicitors, legal executives or financial advisers should be compensated for their time at the normal rate they would charge for their services. Be that as it may, it is always a good idea to have one's estate planning including power of attorney set up by a suitably qualified and experienced professional - it is not unlike erecting a building, the importance of the foundation could not possibly be overstated. Part of the duty of the estate professional in setting up the power of attorney would be to describe and enumerate the conditions in which the attorney would act and the amount of remuneration [if any] to which the attorney would be entitled. In short, the power of attorney's entitlement to payment would only exist if it were set out in the documents appointing the attorney.
Most states that I've looked up allow the person named as the attorney-in-fact in a power of attorney to register a car for the principal.
NO Please look up "power of attorney" I think you will be surprised!
That depends on how the initial Power of Attorney is drafted. It can be set up so they may act independently or so that they must each sign every document or check together. It should be discussed and analyzed ahead of time to avoid confusion.
I actually have 2 questions 1. Can a power of attorney be written up by a title company when a peice of real estate is sold. And does that mean that the power of attorney can be used for all other aspects of an estate. 2. Can this power of attorney be signed without my mother's approval?
Although any lawyer can write up a will, one would want a local attorney familiar with Texas law. A valid choice would be an attorney who specializes in wills and trusts.
Not long at all. Some one can give you their power of attorney. It just takes as long as it takes to write it up.
It may be up to the discretion of the bank as to whther they will allow that or not. At the very least you will have to present them with a copy of the Power of Attorney paperwork, and they may even request a copy of it for their files.
There is a bit of a cross up in terminology here. A power of attorney expires on the death of the grantor or subject. An executor would get an estate fee.
A power of attorney is legally sufficient if all of the following requirements are satisfied: (a) The power of attorney contains the date of its execution. (b) The power of attorney is signed either (1) by the principal or (2) in the principal's name by another adult in the principal's presence and at the principal's direction. (c) The power of attorney is either (1) acknowledged before a notary public or (2) signed by at least two witnesses who satisfy the requirements of Section 4122.