Financial Power Of Attorney Template Page 3

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MASTER FINANCIAL POA SHORT FORM
USE FOR ILLUSTRATION PURPOSES ONLY
A R T I C L E 5
- M I SC E L L A NOUS
5.1
It is my desire and intention that this Financial POA shall not be affected by my
subsequent disability, incapacity or mental incompetence. However, I understand that it shall be
revoked and the Agent’s power canceled in the event a Guardian or Conservator is appointed on my
behalf. As long as no such Guardian or Conservator is appointed, any and all acts done by the Agent
pursuant to the powers conveyed herein during any period of my disability, incapacity, or mental
incompetence shall have the same force and effect as if I were not disabled, incapacitated or mentally
incompetent.
5.2
I may, at any time, revoke this Financial POA, and it shall be canceled by my death.
Otherwise, unless a Guardian or Conservator is appointed on my behalf, this Financial POA shall be
deemed to be in full force and effect as to all persons, institutions, and organizations which shall act in
reliance thereon prior to the receipt of written revocation thereof signed by me and prior to my death.
5.3
I do hereby ratify and confirm all acts whatsoever which my Agent shall do, or cause to
be done, in or about the premises, by virtue of this Financial POA.
5.4
All parties dealing in good faith with my Agent may fully rely upon the power of and
authority of my Agent to act for me on my behalf and in my name, and may accept and rely on
agreements and other instruments entered into or executed by the Agent pursuant to this Financial
POA.
5.5
This instrument shall not be effective as a grant of powers to my Agent until my Agent
has executed the Acceptance of Appointment appearing at the end of this instrument. This instrument
shall remain effective until revocation by me or my death, whichever occurs first.
A R T I C L E 6
- C OM PE NSA T I ON
6.1
My Agent shall receive no compensation for services rendered.
(Or)
6.2
My Agent shall receive reasonable compensation for services rendered.
(Or)
6.3
My Agent shall receive $ __(insert amount)_ for services rendered.
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Active 2374706v1 999981.001707

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