Arkansas Statutory Form Power Of Attorney (Page 2 of 8) in pdf

Arkansas Statutory Form Power Of Attorney Page 2

Create or change a beneficiary designation;

Authorize another person to exercise the authority granted under this power of attorney;

Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a

survivor benefit under a retirement plan;

Exercise fiduciary powers that the principal has authority to delegate.]

IV. LIMITATION ON AGENT'S AUTHORITY

My agent MAY NOT do any of the following specific acts for me:

[THESE ARE THE ITEMS

THAT CLIENT DID NOT SELECT TO GRANT AGENT AUTHORITY TO DO, IF

NONE, THEN ONLY THE LAST PARAGRAPH WILL BE IN PLACE:

Amend, revoke, or terminate an inter vivos trust;

Make a gift, subject to the limitations of Ark. Code Ann. § 28-68-217 of the Uniform Power

of Attorney Act and any special instructions in this power of attorney;

Create or change rights of survivorship;

Create or change a beneficiary designation;

Authorize another person to exercise the authority granted under this power of attorney;

Waive the principal's right to be a beneficiary of a joint and survivor annuity, including a

survivor benefit under a retirement plan;

Exercise fiduciary powers that the principal has authority to delegate.]

An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to benefit

the agent or a person to whom the agent owes an obligation of support unless I have included

that authority in the Special Instructions listed below.

SPECIAL INSTRUCTIONS

[CLIENT CAN LIST ANY SPECIAL INSTRUCTIONS HERE]

[ALSO, CLIENT HAS OPTION OF SELECTING ONE OF THE FOLLOWING,

HAVE THESE ITEMS IN BOLD, IF POSSIBLE:

This power of attorney is effective

immediately and shall not be affected by my subsequent disability or incapacity.] OR

[This power of attorney shall become effective only upon my disability or incapacity

and shall endure through such events.]

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Arkansas Statutory Form Power Of Attorney Page 2