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201604300
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Last modified
7/3/2017 5:40:37 PM
Creation date
7/11/2016 11:12:23 AM
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DEEDS
Inst Number
201604300
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201604300 <br /> assets, interests or rights, directly or indirectly, to my Agent, my Agent's estate, my <br /> Agent's creditors or the creditors of my Agent's estate; (b) disclaiming assets to which I <br /> would otherwise be entitled if the effect of such disclaimer is to cause such assets to <br /> pass in any one calendar year, directly or indirectly, to my Agent or my Agent's estate; <br /> or (c) using my assets to discharge any of my Agent's legal obligations, including any <br /> obligation of support which my Agent may owe to, others (excluding those whom I am <br /> equally with my Agent legally obligated to support). <br /> ARTICLE VII -ADMINISTRATIVE PROVISIONS <br /> 1. Bond, Accounting and Disclosure. My Agent shall be entitled to serve <br /> without bond, but shall keep full and accurate records of all transactions performed <br /> while acting as my Agent. During my lifetime, my Agent shall not provide an accounting <br /> or purposefully disclose any information concerning such transactions or inventory of <br /> my assets (except to the extent necessary to complete such transactions) to any person <br /> other than myself, the trustee under any revocable trust created by me, my conservator, <br /> the appropriate court in any action to appoint a conservator on my behalf, my income <br /> tax return preparer, and any other person(s) that I shall specifically identify in a written <br /> instrument delivered to my Agent. After my death and within 30 days after a written <br /> request being delivered to my Agent by any beneficiary of my estate, my Agent shall <br /> deliver to the personal representative of my estate and/or the trustee under any trust <br /> created by me to distribute the majority of my assets, as appropriate, a full and final <br /> accounting of all transactions performed by my Agent while acting as my Agent and an <br /> inventory of my assets as known to my Agent. Within 15 days after receipt my personal <br /> representative and/or trustee, as appropriate, shall then disclose such accounting and <br /> inventory to the residuary beneficiary or beneficiaries of my estate and any other <br /> beneficiary that would be affected by such transactions. Except to the extent expressly <br /> granted by this instrument, my Agent and/or my Agent's family members are prohibited <br /> from profiting from this agency relationship to my detriment <br /> 2. Liability. My Agent shall not be liable to me or any of my successors in <br /> interest for any action taken or not taken in good faith, but shall be liable for any willful <br /> misconduct or gross negligence. <br /> 3. Compensation. My Agent shall be entitled to reasonable compensation <br /> for services performed hereunder and shall be reimbursed for all reasonable expenses <br /> paid by my Agent. <br /> 4. Severability. If any part of any provision of this instrument shall be invalid <br /> or unenforceable under applicable law, such part shall be ineffective to the extent of <br /> such invalidity only, without in any way affecting the remaining parts of such provision or <br /> the remaining provisions of this instrument. <br /> 5. Governing Law and Applicability to Foreign Jurisdictions. This instrument <br /> shall be governed by the laws of the State of Nebraska in all respects, including its <br /> validity, construction, interpretation and termination, and to the extent permitted by law <br /> Drano A of 7 <br />
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