The Illinois Statutory Short Form Power Of Attorney For Property (Page 3 of 8) in pdf

(a)

My agent shall also have the power to make gifts and exercise powers of appointment,

subject to Will or Trust provisions that may prohibit my agent from having such powers.

______________________________________________________________________

(NOTE: Your agent will have authority to employ other persons as necessary to enable the agent to

properly exercise the powers granted in this form, but your agent will have to make all discretionary

decisions. If you want to give your agent the right to delegate discretionary decision-making powers to

others, you should keep paragraph 4, otherwise it should be struck out.)

My agent shall have the right by written instrument to delegate any or all of the foregoing powers

involving discretionary decision-making to any person or persons whom my agent may select, but

such delegation may be amended or revoked by any agent (including any successor) named by

me who is acting under this power of attorney at the time of reference.

(NOTE: Your agent will be entitled to reimbursement for all reasonable expenses incurred in acting

under this power of attorney. Strike out paragraph 5 if you do not want your agent to also be entitled to

reasonable compensation for services as agent.)

My agent shall be entitled to reasonable compensation for services rendered as agent under this

power of attorney.

(NOTE: This power of attorney may be amended or revoked by you at any time and in any manner.

Absent amendment or revocation, the authority granted in this power of attorney will become effective at

the time this power is signed and will continue until your death, unless a limitation on the beginning date

or duration is made by initialing and completing one or both of paragraphs 6 and 7.)

(_______) This power of attorney shall become effective on _______________________

(NOTE: Insert a future date or event during your lifetime, such as a court determination of your

disability or a written determination by your physician that you are incapacitated, when you want this

power to first take effect.)

(_______) This power of attorney shall terminate on _____________________________

(NOTE: Insert a future date or event, such as a court determination that you are not under a legal

disability or a written determination by your physician that you are not incapacitated, if you want this

power to terminate prior to your death.)

(NOTE: If you wish to name one or more successor agents, insert the name and address of each

successor agent in paragraph 8.)

If any agent named by me shall die, become incompetent, resign or refuse to accept the office of

agent, I name the following (each to act alone and successively, in the order named) as

successor(s) to such agent:

_______________________________

____________________________________

NAME

ADDRESS

For purposes of this paragraph 8, a person shall be considered to be incompetent if and while the

person is a minor or an adjudicated incompetent or disabled person or the person is unable to give

prompt and intelligent consideration to business matters, as certified by a licensed physician.

Page 3 of 8: ILLINOIS STATUTORY SHORT FORM POWER OF ATTORNEY - PROPERTY

The Illinois Statutory Short Form Power Of Attorney For Property Page 3