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202102511
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Last modified
3/26/2021 3:54:39 PM
Creation date
3/26/2021 3:54:38 PM
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DEEDS
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202102511
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202102511 <br />IMPORTANT INFORMATION FOR AGENT <br />Agent's Duties <br />When you accept the authority granted under this power of attorney, a special legal <br />relationship is created between you and the principal. This relationship imposes upon you legal <br />duties that continue until you resign or the power of attorney is terminated or revoked. You <br />must: <br />1. Do what you know the principal reasonably expects you to do with the principal's <br />property or, if you do not know the principal's expectations, act in the principal's best interest; <br />2. Act in good faith; <br />3. Do nothing beyond the authority granted in this power of attorney; and <br />4. Disclose your identity as an agent whenever you act for the principal by writing or <br />printing the name of the principal and signing your own name as "agent" in the following <br />manner: <br />"Rebecca P. Case by Heather Callihan as Agent" <br />Unless the Special Instructions in this power of attorney state otherwise, you must also: <br />1. Act loyally for the principal's benefit; <br />2. Avoid conflicts that would impair your ability to act in the principal's best interest <br />3. Act with care, competence, and diligence; <br />4. Keep a record of all receipts, disbursements, and transactions made on behalf of <br />the principal; <br />5. Cooperate with any person that has authority to make health care decisions for the <br />principal to do what you know the principal reasonably expects or, if you do not know the <br />principal's expectations, to act in the principal's best interest; and <br />6. Attempt to preserve the principal's estate plan if you know the plan and preserving <br />the plan is consistent with the principal's best interest. <br />Termination of Agent's Authority <br />You must stop acting on behalf of the principal if you learn of any event that terminates <br />this power of attorney or your authority under this power of attorney. Events that terminate a <br />power of attorney or your authority to act under a power of attorney include: <br />1. Death of the principal; <br />2. The principal's revocation of the power of attorney or your authority; <br />3. The occurrence of a termination event stated in the power of attorney, <br />4. The purpose of the power of attorney being fully accomplished; or <br />5. If you are married to the principal, a legal action filed with a court to end your <br />marriage, or for your legal separation, unless the Special Instructions in this power of attorney <br />state that such an action will not terminate your authority. <br />Page 5 of 6 <br />
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