There are many different types of power of attorney, each with their own specific purpose and requirements. In Texas, the cost of a power of attorney will depend on the type you need, as well as the lawyer you hire to prepare it.
A general power of attorney allows someone else to make financial decisions on your behalf. This can be used for a short period of time, or indefinitely. The cost to have a general power of attorney prepared by a lawyer is typically around $200.
A medical power of attorney appoints someone to make healthcare decisions for you if you are unable to do so yourself. This can be used in conjunction with a living will to ensure that your wishes are carried out if you become incapacitated. The cost for having a medical power of attorney drawn up by a lawyer is usually around $100.
A durable power of attorney remains in effect even if you become incapacitated, unlike a general power of attorney which would be revoked under those circumstances. A durablepowerofattorney can cover both financial and healthcare decision-making, or just one or the other. The costforhavingsuchapowerofattorneypreparedbyalawyerwillvary depending on its scope but is typically in the rangeof$300-$500.