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 Medical Power of. Attorney gives someone else the authority to make medical decisions for you if you are unable to. make them for yourself. It is meant to deal with situations that you cannot predict. Because you. cannot predict these situations, you cannot decide in advance what choice you would make.