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201705946
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Last modified
12/9/2019 6:34:58 PM
Creation date
9/1/2017 2:17:18 PM
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DEEDS
Inst Number
201705946
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Section 14. Tax Elections: My Agent may make any income tax, estate tax, gift tax, <br />inheritance tax, generation- skipping tax or other tax elections which I could make. <br />Section 15. Investment of Assets: My Agent may invest and reinvest any of my <br />money, property or the proceeds of any of my investments, including any income from <br />my investments as my Agent shall deem proper. <br />Section 16. Power to Sign Documents: My Agent shall have full power to sign, <br />acknowledge or deliver any contracts, deeds or other documents as may be necessary or <br />advisable to carry out the purposes of this Power of Attorney. <br />Section 17. Pre -need Burial Arrangements: My Agent may purchase funeral <br />arrangements, a casket, a cemetery lot, a marker, grave opening and other burial needs <br />and services on a pre -need basis. My Agent may designate as irrevocable the amount <br />permitted under Medicaid standards. <br />Section 18. Gifts: My Agent may make gifts, grants or other transfers without <br />consideration, either outright or in Trust. Recipients of any such gifts shall be limited to <br />my children and the issue of my children. If a gift is made to a descendant of mine by <br />my Agent, then my Agent shall make a gift of substantially equal value to all the <br />descendants of mine in the same generation. My Agent shall not make any gifts that are <br />not excluded from gift tax by my federal gift tax annual exclusion. This annual right <br />shall be non - cumulative and shall lapse at the end of each calendar year. Such power to <br />give shall continue to apply even though one or more of my children may become my <br />Agent pursuant to this Power of Attorney. <br />ARTICLE III. <br />Third Party Reliance <br />201705946 <br />Section 1. Protection of Third Party: No person who relies in good faith on the <br />authority of my Agent under this instrument shall incur any liability to me, my estate or <br />my personal representative. <br />Section 2. Alternate Agent, Affidavit of Regarding Prior Agents: Any party dealing <br />with any person named as alternate Agent under this Power of Attorney may conclusively <br />rely on an affidavit of such alternate Agent that those persons named as prior Agents are <br />no longer serving. <br />
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