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201406769
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Last modified
11/21/2014 9:04:14 AM
Creation date
10/24/2014 4:00:17 PM
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DEEDS
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201406769
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3 <br />201406769 <br />my person and conservator of my estate, for consideration by the court in any protective <br />proceedings for me or my estate which may hereafter be commenced. If my attorney -in -fact is <br />appointed, then I waive the requirement that he or she be required to post a bond as guardian of my <br />person or as conservator of my estate. If my attorney -in -fact cannot or will not serve as guardian of <br />my person or as conservator of my estate, then I give my attorney -in -fact power, in any protective <br />proceeding, to nominate any individual to serve as guardian of my person, and to nominate any <br />individual or corporation with general power to act as a trustee, to serve as conservator of my <br />estate; <br />p. Disclaimer. The power to disclaim or renounce, in whole or in part, any assets, <br />benefit, or interest which would, but for the disclaimer, vest in me, even if the disclaimer <br />constitutes a gift on my behalf; <br />q. Gifts. The power to make gifts, in my name, to any persons including my <br />attorney -in -fact or organizations to whom I have made gifts in the past. Such gifts may be made, <br />continued or expanded only so long as my financial needs can be met; the gifts are compatible <br />with my testamentary plan; and such gifts continue to be prudent estate and tax planning devices; <br />and <br />r. Minors. With regard to any minor child of whom I have care, custody and <br />control, the power to make health care decisions, including power to consent to surgical operations <br />and medical or dental treatment, and the power to make all decisions relative to their schooling. <br />3. Limitations on Powers The powers given to my attorney -in -fact in Paragraph 2 hereof <br />shall be construed so that no assets of my estate will be included in the estate of my attorney -in -fact <br />in the event my attorney -in -fact predeceases me. The powers set forth in Paragraph 2 shall be <br />subject to the following limitation: <br />a. Insurance. My attorney -in -fact shall not possess any incident of ownership in or <br />powers over any life insurance policies on the life of my attorney -in -fact; <br />b. Payments. My attorney -in -fact shall not disburse funds or assets of mine in any <br />manner which discharges a legal obligation of my attorney -in -fact; and <br />c. Notwithstanding the powers given in Paragraph 2(n) above, and irrespective of <br />whether or not I have been declared incompetent by any medical doctor, my attorney -in -fact shall <br />not have the power to select my place of abode or to restrict my right to liberty without having <br />my continuing agreement to the same. <br />4. Compensation of Attorney -in -Fact My attorney -in -fact shall be compensated for all out - <br />of- pocket expenses, including mileage. <br />5. Exoneration of Attorney -in -Fact My attorney -in -fact shall be deemed to have acted <br />within my attorney -in- fact's authority, to have exercised reasonable care, diligence, and prudence, <br />and to have acted impartially as to all persons interested in the assets of my estate unless the <br />contrary is proved by affirmative evidence. <br />
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