- Durable Power Of Attorney For Securities And Savings Bonds Transactions
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Durable Power Of Attorney For Securities And Savings Bonds Transactions – A General Power of Attorney (PoA) is a legal document that allows a trusted person or organization to manage legal and financial matters for you, such as buying or selling real estate, signing contracts, and accessing bank accounts.
The person giving control is known as the “principal”, while the person or person receiving the power is known as the “agent” or “attorney-in-fact”. Designed to comply with state laws, our Power of Attorney is customizable for use anywhere in the United States. All of Rocket Lawyer’s general power of attorney forms can be modified to address your specific situation. This essential legal document confirms to financial institutions and other parties that your chosen representative can act in your best interest.
Durable Power Of Attorney For Securities And Savings Bonds Transactions
They are explained in the Durable Power of Attorney Act, Subtitle P, Title 2, Estates Code. , , , as my attorney-in-fact (“Agent”) to exercise the powers and discretion described below. No , , and , no , as my attorney-in-fact (collectively referred to as my “agent”). , , , as my attorney-in-fact (“Agent”) to exercise the powers and discretion described below. No , , and , no , as my attorney-in-fact (collectively referred to as my “agent”). However, if immediate action is required to carry out the purposes of the power of attorney or to avoid irreparable injury to my interests and the agent is unavailable due to absence, illness or other temporary incapacity, another agent may act for me.
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However, the preceding sentence shall not have the effect of revoking any power of attorney directly related to my health care previously signed by me.
My agent is entitled to reimbursement of reasonable expenses incurred on my behalf and reasonable compensation in the circumstances. My agent is entitled to be reimbursed for reasonable expenses incurred on my behalf but shall receive no compensation for serving as my agent.
Surrender the principal’s right to be a beneficiary of joint and survivor annuity including survivor benefit under the retirement plan
Exercise fiduciary powers that the principal has the right to delegate and that are clearly and distinctly identified (including the persons for whom the principal acts as fiduciary) in the special instructions.
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The fiduciary powers for which I am authorized to exercise my agency with the persons for whom I act as fiduciary are as follows:
For the purposes of this power of attorney if a physician certifies in writing on a date later than the date this power of attorney is executed that, based on a physician’s medical examination of me, I shall be considered incapacitated or incapable of managing mentally. My finances. I hereby authorize the physician examining me to disclose my physical or mental condition to another person for the purposes of this Power of Attorney. A third party who accepts this power of attorney is fully protected from any action brought under this power of attorney that is based on a physician’s determination of my disability or incapacity.
If the agent is unable to serve for any reason, I appoint , , , , as my alternate or successor agent, as he may be to serve with the same powers and discretion.
If the agent is my spouse, I also hereby appoint, as my substitute agent, solely for the purpose of releasing any dower, homestead or other incote interest or other property rights (of whatever nature) which may not be vested under local law. Published by my partner.
Durable Power Of Attorney
This power of attorney continues until I revoke it or it is terminated by my death or another event described in Subtitle P, Title 2 of the Texas Estates Code.
I agree that any third party receiving a copy of this document may act under it. Termination of this Power of Attorney is not effective as to a third party unless the third party has actual knowledge of the termination. I agree to indemnify the third party for any claim arising against the third party due to reliance on this power of attorney. The meaning and effect of this power of attorney is determined by Texas law.
If it becomes necessary for the court to appoint a conservator of my estate, I nominate the following person for appointment:
Immediately upon written certification by my physician that I am incapable or mentally incapable of managing my finances, and will not be affected by my disability or lack of mental capacity, unless otherwise provided by applicable state law. This is a durable power of attorney
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This power of attorney shall not be affected by my subsequent incapacity. This power of attorney is revoked and will not be effective if I am incapacitated. This power of attorney is not affected by the subsequent disability or incapacity of the principal or by the lapse of time.
Manner of Cancellation: The Principal may cancel this document in writing at any time prior to the expiration date without cause or reason, or if the Attorney-in-Fact violates or violates the scope and authority granted by this document. If the principal becomes incapacitated or incapacitated, the attorney-in-fact may continue to act despite the disability, incapacity or expiration date.
Mode of Cancellation: The Principal may cancel this document in writing at any time prior to the expiration date with or without cause. Also, if the attorney-in-fact exceeds or violates the scope and authority granted by this document, the principal may revoke the power of attorney in writing at any time prior to the expiration date.
My agent shall have full power and authority to act on my behalf. This power and authority will authorize my agent to manage and manage all my affairs and to exercise all my legal rights and powers, including all rights and powers that I may acquire in the future. My agent’s powers shall include, but not be limited to, the power to:
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My agent shall have full power and authority to act on my behalf but only to the extent permitted by this Special Power of Attorney. My agent’s powers will include the power to:
. Conduct any business with any banking or financial institution in respect of any of my accounts, including but not limited to making deposits and withdrawals, negotiating or endorsing any checks or other instruments in respect of any such account, obtaining bank statements, passbooks. Drafts, money orders, warrants and certificates or vouchers payable to me by any person, firm, corporation or political unit.
. The US Do any act necessary to deposit, negotiate, sell or transfer any note, security or draft of the United States of America, including Treasury securities.
. Waive my right to be a beneficiary of joint and survivor annuity including survivor benefit under the retirement plan.
Durable Power Of Attorney For Final Disposition
. Provide for the support and protection of myself, my spouse or any minor child whom I have a duty to support or have previously established a pattern of support, including without limitation, food, lodging, housing, medical services, entertainment and travel.
. Purchase and/or maintain insurance and annuity contracts, including life insurance on my life or the life of any other eligible person.
My house as described in the attached exhibit
. Make state filing gifts from my assets to my family members and other individuals or charities with whom I have an established pattern of giving (or if such gifts are appropriate for estate planning and/or tax purposes). and filing a federal gift tax return, and a tax election to split the gifts with my spouse, if any. Except as specifically authorized in this instrument, no agent acting under this instrument shall have the power or authority to (a) gift, appoint, assign or designate any of my assets, interests or rights, directly or indirectly, to such agent, such as the agent; estate, creditors of such agent or creditors of such agent’s estate, (b) I exercise any power of appointment in favor of such agent, the estate of such agent, creditors of such agent or creditors of such agent’s estate, or (c) use any of my assets to discharge the legal obligations of such agent. undertake to dispose of any, including obligations of support which such agent may owe to others, except those whom I am legally bound to support.
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. Transfer any of my assets to the trustee of any revocable trust created by me, if the trust is in existence at the time of such transfer.
. Using my assets to fund a trust not created by me, but for which I have either established a funding pattern, or to fund a trust created by my agent for my benefit or on the basis of my dependents, heirs or advice. of a financial advisor.
. To make, sign, modify or revoke any trust agreement or other trust document for my benefit or in an attempt to administer or create a trust created for my benefit
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