Laserfiche WebLink
201906732 <br />annual gifts or initiating, creating, executing, funding any kind <br />of trust, both revocable or irrevocable, for myself or others (such <br />as a Medicaid qualifying trust, for example) , transferring any type <br />of assets as required, consulting with and using the services of <br />any professionals that my attorney-in-fact deems necessary, and <br />paying any expenses relating thereto. My attorney-in-fact shall be <br />authorized to continue or carry out any activities allowed, <br />required or done, pursuant to a Revocable Living Trust of mine (or <br />any other trust) presently in effect or hereafter created or any <br />other estate planning instrument or device of mine or otherwise. <br />My primary intentions are to preserve my assets for the <br />benefit of my family (defined as my spouse and my issue, including <br />those adopted) during their lives, to protect my assets from'being <br />dissipated to pay for the cost of health, medical or nursing home <br />expenses for,myself and my family, and to minimize the amount of <br />estate taxes payable therefrom, all to the extent legally possible. <br />It is my intention that my family and my estate be able to have the <br />maximum benefits available from estate planning, even if done after <br />my incompetency. Therefore, it is my intention that my attorney- <br />in-fact shall have complete, plenary and final authority and <br />discretion to undertake, continue and revise any and all estate <br />planning activities, mentioned above or otherwise, for the benefit <br />of my family and my estate which are allowed by Nebraska law or <br />otherwise, including preparing or modifying, executing and <br />delivering any and all documents necessary therefor. However, this <br />power of attorney shall not be construed as granting a general <br />power of appointment. <br />My attorney-in-fact is a fiduciary, but shall have the right <br />to make gifts to himself or herself as part of the estate planning <br />referred to above, to the extent allowed by federal or state law. <br />However,'my attorney-in-fact shall not have the right to (a) make <br />any gifts of my assets to himself or herself, or to any creditor in <br />satisfaction of his or her own legal obligations (this shall not <br />prevent my attorney-in-fact from satisfying any of my legal <br />obligations to family members); (b) exercise any incidents of <br />ownership with regard to insurance policies that I own on the <br />attorney -in -fact's life; or (c) exercise fiduciary powers that <br />would cause any of my assets to be included in my attorney -in - <br />fact's estate or as my attorney -in -fact's income, for purposes of <br />federal or state income, estate or other taxes. <br />My attorney -In -fact shall have the powers and duties granted <br />to a conservator by §30-2654 R.R.S.. 1943, and the same is hereby <br />incorporated by reference; provided. however, such power shall not <br />be restricted by requiring court approval as required in <br />530-2654(4)(W. <br />15. To pay ta4es. To act on my behalf in respect to any and <br />all local, .state and federal taxes in which I am concerned or <br />interested in, including, but not limited to, income taxes; to sign <br />my name, to execute, seal and acknowledge any and all tax returns <br />due or becoming due, to accept any and all refunds and to collect <br />and endorse checks in the settlement of any refund. <br />-4- <br />