Maryland Statutory Form - Limited Power Of Attorney Template Page 10
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20(___) Exercise investment powers available under a contract of insurance or
annuity
(___) Change the manner of paying premiums on a contract of insurance or
annuity
(___) Change or convert the type of insurance or annuity with respect to
which the principal has or claims to have authority described in this section
(___) Apply for and procure a benefit or assistance under a statute or
regulation to guarantee or pay premiums of a contract of insurance on the life of the
principal
(___) Collect, sell, assign, hypothecate, borrow against, or pledge the interest
of the principal in a contract of insurance or annuity
(___) Select the form and timing of the payment of proceeds from a contract
of insurance or annuity
(___) Pay, from proceeds or otherwise, compromise or contest, and apply for
refunds in connection with a tax or assessment levied by a taxing authority with respect
to a contract of insurance or annuity or the proceeds or liability from the contract of
insurance or annuity accruing by reason of the tax or assessment
(___) All of the above
H.
Estates, Trusts, and Other Beneficial Interests (including trusts,
probate estates, guardianships, conservatorships, escrows, or custodianships or funds
from which the principal is, may become, or claims to be entitled to a share or payment)
– With respect to this subject, I authorize my agent to:
(___) Accept, receive, receipt for, sell, assign, pledge, or exchange a share in
or payment from the fund described above
(___) Demand or obtain money or another thing of value to which the
principal is, may become, or claims to be entitled by reason of the fund described
above, by litigation or otherwise
(___) Exercise for the benefit of the principal a presently exercisable general
power of appointment held by the principal
(___) Initiate, participate in, submit to alternative dispute resolution, settle,
oppose, or propose or accept a compromise with respect to litigation to ascertain the
meaning, validity, or effect of a deed, will, declaration of trust, or other instrument or
transaction affecting the interest of the principal
(___) Initiate, participate in, submit to alternative dispute resolution,
settle, oppose, or propose or accept a compromise with respect to litigation to remove,
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