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<br />20 1704501
<br />27. To Establish a Trust or Add Assets to a Trust. To establish a revocable trust or
<br />revocable trusts, solely for the benefit of me and my estate, and to assign and convey any or all of
<br />my estate (consisting of any property, real, personal or mixed, of whatsoever kind and wheresoever
<br />located and whensoever acquired) into such trust or trusts and on such terms as my agent shall deem
<br />proper and in my best interests; provided that `any such trust shall be revocable and shall include a
<br />provision that it is revocable by an instrument in writing signed by me personally; provided further
<br />that any such trust shall also provide that if I am unable to personally revoke it, then it shall be
<br />revocable by my agent solely in my favor and in favor of my estate. If I am the Settlor of a revocable
<br />trust established by me for my benefit during my lifetime, to transfer those of my assets to such trust
<br />as my agent shall deem appropriate. To amend and revoke trusts which I may have heretofore
<br />executed. The power to amend trusts shall include, but shall not be limited to, the power to change
<br />the situs of trusts. My agent may exercise appointment and removal powers under any trusts which
<br />I have established.
<br />28. To Make Gifts. To make gifts, grants or other transfers without consideration, either
<br />outright or in trust, to or for the benefit of any one or more of my descendants, my spouse, or a
<br />charitable institution, including the forgiveness of indebtedness, the creation of charitable pledges,
<br />and the completion of any charitable pledges I may have made, to make payments for the college and
<br />post - graduate tuition and medical care of any descendant of mine, and to consent to the splitting of
<br />gifts under the Internal Revenue Code section 2513 (or successor sections thereof) if my spouse
<br />makes gifts to any one or more of my descendants or to a charitable institution, and to pay any
<br />transfer taxes that may arise by reason of such gifts. In making gifts hereunder, my agent shall be
<br />mindful of transfer tax considerations, including, without limiting the generality of the foregoing,
<br />t" ,i:ansf:r tax exclusions available uri In ernal Revenue Code Section 2.503(b) and Section
<br />2503(e); provided that my agent may make gifts beyond the exclusion amount if deemed advisable.
<br />I specifically authorize my agent to make gifts to himself or herself, provided, however, that if my
<br />agent is not my spouse, then any gifts my agent may make, either directly or indirectly, to or for my
<br />agent's benefit shall be limited to gifts (a) that qualify for the federal gift tax annual exclusion, (b)
<br />that do not exceed in value the federal gift tax annual exclusion amount in any one calendar year,
<br />and (c) this annual right shall be noncumulative and shall lapse at the end of each calendar year. Any
<br />gifts made under the foregoing power to descendants of mine shall be made equally to all of my
<br />descendants of the same generation. For example, if a gift is made to one grandchild of mine, then
<br />a similar gift of the same amount must be made to each then living grandchild of mine. If my agent
<br />makes gifts to minors, such gifts may be made directly to the minor, to a parent, guardian or next
<br />friend of the minor, or under the Uniform Gifts to Minors Act or the Uniform Transfers to Minors
<br />Act.
<br />29. To Execute Disclaimers. To execute disclaimers on my behalf under Section 2518
<br />of the Internal Revenue Code or any comparable section of any federal or state statute,
<br />notwithstanding that the exercise of such disclaimer may benefit my agent.
<br />30. To Deal With Securities and Brokerage Accounts. With respect to my brokerage
<br />accounts, to effect purchases and sales (including short sales), to subscribe for and to trade in stocks,
<br />bonds, options, rights, and warrants or other securities, domestic or foreign, whether dollar or non-
<br />dollar denominated, or other entity units, interests or shares, whether or not in negotiable form,
<br />issued or unissued, foreign exchange, commodities, and contracts relating to same (including
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