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Pay, from proceeds or otherwise, compromise or contest, and apply for refunds in connection with,
<br />a tax or assessment levied by a taxing authority with respect to a contract of insurance or annuity or
<br />its proceeds or liability accruing by reason of the tax or assessment.
<br />• 1. ESTATES, TRUSTS, AND OTHER BENEFICIAL INTERESTS - In regards to
<br />insurance policies and annuities, the Principal authorizes the Agent to:
<br />The Principal authorizes the Agent to have general authority with respect to estates, trusts, and
<br />other beneficial interests to:
<br />Accept, receive, receipt for, sell, assign, pledge, or exchange a share in or payment from the fund;
<br />Demand or obtain money or another thing of value to which the Principal is, may become, or
<br />claims to be, entitled by reason of the fund, by litigation or otherwise;
<br />Exercise for the benefit of the Principal a presently exercisable general power of appointment held
<br />by the Principal;
<br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a
<br />compromise with respect to litigation to ascertain the meaning, validity, or effect of a deed, will,
<br />declaration of trust, or other instrument or transaction affecting the interest of the Principal;
<br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a
<br />compromise with respect to litigation to remove, substitute, or surcharge a fiduciary;
<br />Conserve, invest, disburse, or use anything received for an authorized purpose;
<br />Transfer an interest of the Principal in real property, stocks and bonds, accounts with financial
<br />institutions or securities intermediaries, insurance, annuities, and other property to the trustee of a
<br />revocable trust created by the Principal as settlor; and
<br />Reject, renounce, disclaim, release, or consent to a reduction in or modification of a share in or
<br />payment from the fund.
<br />L REAL ESTATE - In regards to real estate, The Principal authorizes the Agent to:
<br />Demand, buy, lease, receive, accept as a gift or as security for an extension of credit, or otherwise
<br />acquire or reject an interest in real property or a right incident to real property;
<br />Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim;
<br />release; surrender; retain title for security; encumber; partition; consent to partitioning; subject to an
<br />easement or covenant; subdivide; apply for zoning or other governmental permits; plat or consent
<br />to platting; develop; grant an option concerning; lease; sublease; contribute to an entity in exchange
<br />for an interest in that entity; or otherwise grant or dispose of an interest in real property or a right
<br />incident to real property;
<br />Pledge or mortgage an interest in real property or right incident to real property as security to
<br />borrow money or pay, renew, or extend the time of payment of a debt of the Principal or a debt
<br />guaranteed by the Principal;
<br />Release, assign, satisfy, or enforce by litigation or otherwise a mortgage, deed of trust, conditional
<br />sale contract, encumbrance, lien, or other claim to real property which exists or is asserted;
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