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201302031
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Last modified
8/19/2014 2:22:33 PM
Creation date
3/15/2013 3:20:49 PM
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DEEDS
Inst Number
201302031
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201302031 <br />to their children, in trust or otherwise, with the amount of gifts to each such person each <br />year not to exceed that amount which is excludable from the total amount of gifts made <br />during such year under Section 2503(b) Internal Revenue Code of 1986, as amended <br />from time to time. <br />(c) I further authorize and empower the Agent named herein to use and apply so much of the <br />income and principal of the assets comprising my estate as may be necessary or desirable, <br />in the sole discretion of said Agent, for my maintenance and support. Any provision <br />herein to the contrary notwithstanding, the Agent shall have no power or authority to use <br />or apply the principal to discharge any legal obligation that the agent or any other person <br />may have to support me or any dependent or beneficiary or mine, except to the extent that <br />there are no assets reasonably available to the person having the obligation of support to <br />pay the same. <br />(d) I further authorize and empower my Agent to engage, employ and dismiss any agents, <br />clerks, servants, attorneys -at -law, accountants, investment advisors, custodians, or other <br />persons in and about the performance of these presents as my Agent shall think fit. <br />Any decisions made by the said Agent with respect to the matters set forth hereinabove in <br />sections 3(b), 3(c), and 3(d) shall be final, binding and conclusive upon all of the <br />beneficiaries of my estate, and said Agent shall be released and discharged of and from all <br />liability for any such decisions that she or he may make in good faith with respect thereto. <br />4. INTERPRETATION AND GOVERNING LAW: This instrument is to be construed and <br />interpreted as a general durable power of attorney. The enumeration of specific powers <br />herein is not intended to, nor does it, limit or restrict the general powers herein granted to my <br />Agent. This instrument is executed and delivered in, the State of Nebraska, and the laws of <br />the State of Nebraska shall govern all questions as to the validity of this power and the <br />construction of its provisions. This instrument is intended to be effective in all states of the <br />United States and in all foreign countries. <br />5. INDEMNTTY: I hereby bind myself to indemnify my Agent and any successor who shA1l so <br />act, agpinst any and all claims, demands, losses, damages, actions and causes of action, <br />including expenses, costs and reasonable attorneys' fees which my Agent at any time may <br />sustain or incur in connection with carrying out the authority granted her or him in this power <br />of attorney. <br />6. NOMINATION OF GUARDIAN OR CONSERVATOR: In the event court proceedings are <br />hereafter commenced to appoint a guardian, conservator or other fiduciary to take charge of <br />my person, or to manage and conserve my property, I hereby nominate and appoint my <br />Agent above - named, as my guardian, conservator, or other fiduciary, to serve without bond <br />unless otherwise required by a court of competent jurisdiction. <br />7. REVOCATION: This general durable power of attorney may be voluntarily revoked by me <br />by written instrument signed by me and delivered to my Agent. My guardian may also <br />revoke this instrument by written instrument signed by him or her and delivered to my Agent. <br />-5- <br />
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