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(8) Living trust transactions My attorney -in -fact may transfer ownership of any property over which he or she has authority under this document to the trustee of a revocable trust I have created as settlor. Durable Power of Attorney for Financial Management -- Page 7 of 11 201608854 the business it undertakes, its name, methods of manufacturing, selling, marketing, financing, accounting, form of organization and insurance, and hiring and paying employees and independent contractors. (d) Execute, acknowledge, seal and deliver any instrument of any kind that my attorney -in- fact thinks useful to accomplish any purpose listed in this section. (e) Pay, compromise or contest business taxes or assessments. (t) Demand and receive money or other things of value to which. I am or claim to be entitled as the proceeds of any business operation, and conserve, invest, disburse or use anything so received for purposes listed in this section. (6) Insurance and annuity transactions My attorney -in -fact may do any act that I can do through an agent, in connection with any insurance or annuity policy, that my attorney -in -fact deems desirable, My attorney- in-fact's powers include but are not limited to the power to: (a) Continue, pay the premium on, modify, rescind or terminate any annuity or policy of life, accident, health, disability or liability insurance procured by me or on my behalf before the execution of this power of attorney. My attorney -in -fact cannot name himself or herself as beneficiary of a renewal, extension or substitute for such a policy unless he or she was already the beneficiary before I signed the power of attorney. (b) Procure new, different or additional contracts of health, disability, accident or liability insurance on my life, modify, rescind or terminate any such contract and designate the beneficiary of any such contract. (c) Sell, assign, borrow on, pledge, or surrender and receive the cash surrender value of any policy. (7) Estate, trust and other beneficiary transactions My attorney -in -fact may act for me in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship or other fund from which I am, may become or claim to be entitled, as a beneficiary, to a share or payment. My attorney-in-filet's authority includes the power to disclaim any assets which I am, may become or claim to be entitled, as a beneficiary, to a share or payment.