Form F-00036 - Designation Of Agent Page 13
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15(1) Assert and maintain before a court or
(2) Unless the power of attorney otherwise
administrative agency a claim, claim for relief,
provides, language in a power of attorney granting
cause of action, counterclaim, offset, recoupment,
general authority with respect to estates, trusts, and
or defense, including an action to recover property
other beneficial interests authorizes the agent to do
or other thing of value, recover damages sustained
all of the following:
by the principal, eliminate or modify tax liability, or
(a) Accept, receive, receipt for, sell, assign, pledge,
seek an injunction, specific performance, or other
or exchange a share in or payment from an estate,
relief.
trust, or beneficial interest.
(2) Bring an action to determine adverse claims or
(b) Demand or obtain money or another thing of
intervene or otherwise participate in litigation.
value to which the principal is, may become, or
(3) Seek an attachment, garnishment, order of
claims to be, entitled by reason of an estate, trust,
arrest, or other preliminary, provisional, or
or beneficial interest, by litigation or otherwise.
intermediate relief and use any available procedure
(c) Exercise for the benefit of the principal a
to effect or satisfy a judgment, order, or decree.
presently exercisable general power of appointment
(4) Make or accept a tender, offer of judgment, or
held by the principal.
admission of facts, submit a controversy on an
(d) Initiate, participate in, submit to alternative
agreed statement of facts, consent to examination,
dispute resolution, settle, oppose, or propose or
and bind the principal in litigation.
accept a compromise with respect to litigation to
(5) Submit to alternative dispute resolution, settle,
ascertain the meaning, validity, or effect of a deed,
and propose or accept a compromise.
will, declaration of trust, or other instrument or
transaction affecting the interest of the principal.
(6) Waive the issuance and service of process
upon the principal, accept service of process,
(e) Initiate, participate in, submit to alternative
appear for the principal, designate persons upon
dispute resolution, settle, oppose, or propose or
which process directed to the principal may be
accept a compromise with respect to litigation to
served, execute and file or deliver stipulations on
remove, substitute, or surcharge a fiduciary.
the principal’s behalf, verify pleadings, seek
(f) Conserve, invest, disburse, or use anything
appellate review, procure and give surety and
received for an authorized purpose.
indemnity bonds, contract and pay for the
preparation and printing of records and briefs,
(g) Transfer an interest of the principal in real
receive, execute, and file or deliver a consent,
property, stocks and bonds, accounts with financial
waiver, release, confession of judgment,
institutions or securities intermediaries, insurance,
satisfaction of judgment, notice, agreement, or
annuities, and other property to the trustee of a
other instrument in connection with the prosecution,
revocable trust created by the principal as settlor.
settlement, or defense of a claim or litigation.
(h) Sign a waiver or consent in a probate matter.
(7) Act for the principal with respect to bankruptcy
(i) Reject, renounce, disclaim, release, or consent
or insolvency, whether voluntary or involuntary,
to a reduction in or modification of a share in or
concerning the principal or some other person, or
payment from an estate, trust, or beneficial interest.
with respect to a reorganization, receivership, or
application for the appointment of a receiver or
trustee which affects an interest of the principal in
244.52 Claims and litigation. Unless the power of
property or other thing of value.
attorney otherwise provides, language in a power of
(8) Pay a judgment, award, or order against the
attorney granting general authority with respect to
principal or a settlement made in connection with a
claims and litigation authorizes the agent to do all
claim or litigation.
of the following:
(9) Receive money or other thing of value paid in
settlement of or as proceeds of a claim or litigation.
Page 5
Power of Attorney for Finances Appendix – Statutory Authority Definitions
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