Durable General Power Of Attorney Of John Jones (Page 6 of 8) in pdf

deems appropriate, even if he is the Trustee, guardian or custodian; no action taken by my attorney-in-

fact pursuant to this paragraph shall be considered self-dealing or a violation of any fiduciary duty;

(2) To make any low-interest or interest-free loans to any person to whom gifts

may be made under the preceding paragraph, with such duration and security, or entirely without

security, as he deems advisable;

(3) To establish and fund with all or any part of my property, real and personal,

tangible and intangible, a living trust, revocable or irrevocable, to take any action with respect to any

existing trust of which any child of mine is a beneficiary, including the right to transfer additional assets

to any trust, to exercise on my behalf the power to amend any trust, to renounce or disclaim any benefit

or interest in any trust and to make any decision whatsoever without limitation with respect to any trust,

and to provide, in the instrument establishing and governing said trust, for the disposition of trust assets

upon my death so as to permit any property transferred to said trust to pass to my descendants or other

beneficiaries upon my death without the necessity of a probate proceeding; no action taken by my

attorney-in-fact pursuant to this paragraph shall be considered self-dealing or a violation of his fiduciary

duty;

(4) To withdraw or receive the income or principal of any trust over which I may

have a right of receipt or withdrawal; to request and receive the income or principal of any trust with

respect to which the Trustee thereof has the discretionary power to make distribution to me or on my

behalf, and to execute and deliver to such Trustee a receipt and release or similar document for the

income or principal so received; to exercise (in whole or in part), release or allow to lapse any power of

appointment held by me, whether general or special, or revocation under any trust (including any trust

with respect to which I may exercise any such power only with the consent of another person, even if

my attorney-in-fact is such other person), whether or not such power of appointment was created by me,

subject however, to any restrictions upon such exercise imposed upon my attorney-in-fact and set forth

in other provisions of this instrument;

(5) To apply for and own, cash in, surrender, borrow against, purchase, maintain,

collect, cancel or change the ownership or beneficiary designation of any insurance policy insuring my

life, and to exercise any other incident of ownership over such policies; my attorney-in-fact is expressly

authorized to assign ownership of any such policy to himself or to designate himself as beneficiary

thereof; no such action shall be considered self-dealing or violation of fiduciary duty;

(6) To cash in, surrender, borrow against, purchase, maintain, collect, cancel or

change the ownership of any annuity in which I have or acquire or to designate and change the recipient

or other beneficiary of any such annuity; to purchase an annuity providing income for me (or any

member of my family); said annuity may provide for a remainder or for no remainder;

(7) To create and contribute to any employee benefit plan, to select or change any

payment option under any IRA, Keogh, or other pension, retirement or other employee benefit plan, to

make voluntary contributions to such plan, to "roll-over" plan benefits into other retirement plans, to

apply for, pursue claims for and receive payments of benefits, to make or change beneficiary

designations, and to waive rights given to non-employee spouses under state or Federal law;

(8) To receive or disclaim in whole or in part any bequest or devise or any

interest in trust provided for my benefit under the will of any person or under any trust established for

my benefit, or any property to which I would become entitled by right of survivorship, or any life

insurance proceeds to which I may become entitled, or any other transfer of property to me and to

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