Unrelated business income tax is a tax on all income earned from an unrelated business activity, minus tax deductions as a result of producing that income. An activity is unrelated business if it meets all three requirements: It is a trade or business.
Medical. Under Texas statutes, a medical power of attorney allows an agent or attorney-in-fact to make healthcare decisions on behalf of the principal, once the principal is declared incompetent by an attending physician.
A health care power of attorney is a person the patient selects to make health care decisions if he or she is unable to. This person may also be called a health care proxy, agent, or surrogate. A living will is a document that lists the type of medical treatments the patient does or does not want at the end of life.