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.
Durable Power of Attorney (DPOA). DPOA is a document that grants a person or persons (Attorney-in-fact) the legal powers to perform on behalf of the elder (Grantor) certain acts and functions specifically outlined in the document.This power is effective immediately and continues even if the grantor becomes disabled or incompetent.ealth Care Power of Attorney/Health Care Proxy. One of the most important steps in being able to implement an elder's wishes is appointing a health care agent or proxy. To do this, you must draw up a Health Care Power of Attorney (POA) or a Health Care Proxy, a legal document that names a health care agent.