202208650 - Laserfiche WebLink

Browse

tMPORTANT INFORMATION -FOR AGENT. -Agent's Duties: When you accept the authority granted under • • this power of attorney, a special legal relationship is created between you and the principal. This relationship imposes upon you legal duties that continue until you resign or the, power of attorney is terminated or revoked. You must • 1. do what you know the principal reasonably expects you to do with the principal's property or; If you do not know the principal's expectations, act In the principal's best interest; ' 2. • actin good faith; 3. do nothing beyond the.authority granted in this power of aftomey; and 4. disclose your identity as an agent •whenever you act for the principal by writing or printing the name of the principal and signing your own name as "agent' In the following manner: • (Principal's Name) by (Your Signature). as Agent. • ..Unless the Special Instructions in this power of attorney state otherwise, you must also: 1. act loyally for the principal's benefit;' 2. avoid conflicts that would impair your ability to act in the principal's best interest; 3. act with care, competence and diligence; 4, keep a record of all receipts, disbursements and transactions made on behalf of the principal; • 5, cooperate with any person that has authority to make health care decisions for the principal to do what you know the principal reasonably expects or, if you do'not know the' principal's expectations, to act in the principal's best interest; and 6. attempt to preserve the principal's estate plan if you know the plan and preserving the plan Is consistent with the principal's best interest, 2022.08650 ' Termination of Agent's. Authority; .• • You must•stop acting on behalf of the,principai if you'learn of any.event that terminates this power of attorney or your authority under this power of attorney: ' Events that terminate a power of attorney or your. authority to act under a power of attorney include'. • 1. death of the. principal; . ' 2: the -principal's revocation -of the power of attorney'or your. authority; • 3, the occurrence of a termination event stated in the. power of attorney; 4. ' . the purpose of.the power of attorney . being fully accomplished; or 5. If you are married to the principal, a legal action filed with a court -to end your marriage, 'or for your legal separation, unless the.Special instructions in this. power of attomey state that such an action will not terminate your authority. Liability of Agent The meaning of the authority granted to. you Is defined in the Nebraska Uniform Pawl of Attorney Act, If you violate the Nebraska Uniform Power of Attorney Act or act outside the authority granted,•you may be liable for any damages caused by your violation, • If there is anything about this document or your duties that you do not understand,you should seek legal . acdvvice. Signature of Agent: • 1 have read and accept the duties and liabilities' of the agent as specified in this power of attorney. Date • MAYSIt BURNS KOENIG & JANULEWICZ, 308 N. Locust Street, Suite 306, PO Box 2300, Grand Island, NE 68802 Page 3