A
Agent or attorney-in-fact
An agent or attorney-in-fact is a person who is named in the power of attorney by the principal to act on his or her behalf. That person is a fiduciary under Texas law.
B
Bond
A bond is an insurance policy that the guardian of the estate must get and file with the court before managing an incapacitated person's estate.
C
Conflict of interest
A conflict of interest occurs when a decision puts what is best for one person ahead of what is best for the other person. A guardian of the estate must avoid conflicts of interest by managing the incapacitated person's estate in the way that is best for the incapaciated person regardless of what might be good for the guardian or others.
D
Durable power of attorney
A durable power of attorney is a power of attorney in which a principal names an agent whose power to manage the principal’s money and property is not affected by the principal losing the ability to make decisions for himself or herself.
E
Estate
The estate is all of the money and property owned by the incapacitated person.
F
Fiduciary
A fiduciary is a person who has a special relationship to act for another person. A fiduciary must act in the other person's best interest at all times and must be diligent, trustworthy, and honest in doing so. A guardian of the estate is a fiduciary to the incapacitated person and owes fiduciary dutues.
G
Guardian of the person
A guardian of the person is a person appointed by a court to make decisions regarding the personal well-being of an incapacitated person, including decisions about medical care, employment, and living arrangements. One person may be apppointed as both guardian of the estate and guardian of the person, or the court may appoint two different people.
I
Inventory
An inventory is a complete list of all money and property owned by the incapacitated person. Within 30 days of becoming guardian of the estate, the guardian must make an inventory and file it with the court.
L
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
M
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Agent or attorney-in-fact
An agent or attorney-in-fact is a person who is named in the power of attorney by the principal to act on his or her behalf. That person is a fiduciary under Texas law.
Bond
A bond is an insurance policy that the guardian of the estate must get and file with the court before managing an incapacitated person's estate.
C
Conflict of interest
A conflict of interest occurs when a decision puts what is best for one person ahead of what is best for the other person. A guardian of the estate must avoid conflicts of interest by managing the incapacitated person's estate in the way that is best for the incapaciated person regardless of what might be good for the guardian or others.
D
Durable power of attorney
A durable power of attorney is a power of attorney in which a principal names an agent whose power to manage the principal’s money and property is not affected by the principal losing the ability to make decisions for himself or herself.
E
Estate
The estate is all of the money and property owned by the incapacitated person.
F
Fiduciary
A fiduciary is a person who has a special relationship to act for another person. A fiduciary must act in the other person's best interest at all times and must be diligent, trustworthy, and honest in doing so. A guardian of the estate is a fiduciary to the incapacitated person and owes fiduciary dutues.
G
Guardian of the person
A guardian of the person is a person appointed by a court to make decisions regarding the personal well-being of an incapacitated person, including decisions about medical care, employment, and living arrangements. One person may be apppointed as both guardian of the estate and guardian of the person, or the court may appoint two different people.
I
Inventory
An inventory is a complete list of all money and property owned by the incapacitated person. Within 30 days of becoming guardian of the estate, the guardian must make an inventory and file it with the court.
L
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
M
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Conflict of interest
A conflict of interest occurs when a decision puts what is best for one person ahead of what is best for the other person. A guardian of the estate must avoid conflicts of interest by managing the incapacitated person's estate in the way that is best for the incapaciated person regardless of what might be good for the guardian or others.
Durable power of attorney
A durable power of attorney is a power of attorney in which a principal names an agent whose power to manage the principal’s money and property is not affected by the principal losing the ability to make decisions for himself or herself.
E
Estate
The estate is all of the money and property owned by the incapacitated person.
F
Fiduciary
A fiduciary is a person who has a special relationship to act for another person. A fiduciary must act in the other person's best interest at all times and must be diligent, trustworthy, and honest in doing so. A guardian of the estate is a fiduciary to the incapacitated person and owes fiduciary dutues.
G
Guardian of the person
A guardian of the person is a person appointed by a court to make decisions regarding the personal well-being of an incapacitated person, including decisions about medical care, employment, and living arrangements. One person may be apppointed as both guardian of the estate and guardian of the person, or the court may appoint two different people.
I
Inventory
An inventory is a complete list of all money and property owned by the incapacitated person. Within 30 days of becoming guardian of the estate, the guardian must make an inventory and file it with the court.
L
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
M
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Estate
The estate is all of the money and property owned by the incapacitated person.
Fiduciary
A fiduciary is a person who has a special relationship to act for another person. A fiduciary must act in the other person's best interest at all times and must be diligent, trustworthy, and honest in doing so. A guardian of the estate is a fiduciary to the incapacitated person and owes fiduciary dutues.
G
Guardian of the person
A guardian of the person is a person appointed by a court to make decisions regarding the personal well-being of an incapacitated person, including decisions about medical care, employment, and living arrangements. One person may be apppointed as both guardian of the estate and guardian of the person, or the court may appoint two different people.
I
Inventory
An inventory is a complete list of all money and property owned by the incapacitated person. Within 30 days of becoming guardian of the estate, the guardian must make an inventory and file it with the court.
L
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
M
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Guardian of the person
A guardian of the person is a person appointed by a court to make decisions regarding the personal well-being of an incapacitated person, including decisions about medical care, employment, and living arrangements. One person may be apppointed as both guardian of the estate and guardian of the person, or the court may appoint two different people.
Inventory
An inventory is a complete list of all money and property owned by the incapacitated person. Within 30 days of becoming guardian of the estate, the guardian must make an inventory and file it with the court.
L
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
M
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Letters of guardianship
The letters of guardianship is the document issued by the court clerk to the guardian of the estate that shows the guardian has authority to manage the incapaciated person's estate. This is a separate document from the guardianship order.
Medical power of attorney
A medical power of attorney is a power of attorney that names an agent who has the power to make certain medical decisions for the principal. A medical power of attorney may be accompanied by a directive to physicians or an out of hospital do not resuscitate (“DNR”) order. We do not discuss these documents in this Guide. If you want more information about them, contact the Texas Department of Aging and Disability Services or click “Where to Go for Help” in the “Resources” section of the toolkit.
P
Principal
The principal is the person who makes the power of attorney.
R
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Principal
The principal is the person who makes the power of attorney.
Revocable trust
A revocable trust is a fiduciary arrangement created by a trust agreement (also known as a trust instrument) between a settlor (also known as a grantor) and a trustee that allows the trustee to manage the money or property that is transferred to the trust for the benefit of the beneficiaries of the trust.
S
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
T
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
Supporter
A supporter is a person named in a supported decision-making agreement to help make decisions. A supporter has authority to take certain actions (for example, obtain medical or financial records) as necessary to help make informed decisions and to communicate those decisions to others as appropriate.
Trust agreement, or a trust instrument
A trust agreement, or trust instrument, is the document by which the settlor (also known as a grantor) and a trustee establish the ground rules for managing the money or property that is transferred to the trust.
V
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.
VA fiduciary
A VA fiduciary is the person appointed by the Department of Veterans Affairs to manage the income benefits of a person who needs help managing those benefits.