Statutory Form Power Of Attorney - Utah (Page 4 of 4) in pdf

Statutory Form Power Of Attorney - Utah Page 4

Utah Code

(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.

Termination of Agent's Authority

You must stop acting on behalf of the principal 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 is fully accomplished; or

(5) if you are married to the principal, a legal action is filed with a court to end your marriage, or

for your legal separation, unless the Special Instructions in this power of attorney state that

such an action will not terminate your authority.

Liability of Agent

The meaning of the authority granted to you is defined in Title 75, Chapter 9, Uniform Power

of Attorney Act. If you violate Title 75, Chapter 9, 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 advice.

Enacted by Chapter 256, 2016 General Session

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Statutory Form Power Of Attorney - Utah Page 4