Durable Power Of Attorney Form

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DURABLE POWER OF ATTORNEY
I, (Put Missionary’s name here), of City, County, State do hereby make, constitute and
appoint my father, (Father’s name), or if he is unable to serve for any reason, my mother, (Mother’s
name), as my true and lawful agent and attorney-in-fact, for me and in my name, place and stead, to do
and perform such of the following acts which my agent in my agent’s sole discretion shall deem
necessary, expedient or desirable, binding me and my property, real, personal and mixed, as fully to all
intents and purposes as I might or could do if personally present:
1.
Property Interests in General.
To sell, convey, assign, transfer, disclaim,
exchange, purchase, acquire, hold, manage, control, vote, lend, license, lease, encumber by mortgage,
pledge or in any other manner, and otherwise deal with and exercise any right of ownership with
respect to all or any part or interest in property of every nature whatsoever, real, personal or mixed,
tangible or intangible, legal or equitable, and wheresoever situated, which I do now, or may at any time
hereafter, own, possess or be entitled to (hereinafter referred to as a “Property Interest”), at such prices
and on such terms and conditions as my agent shall deem proper or expedient, and to make, execute
and deliver all documents and instruments necessary or appropriate in connection therewith;
2.
Gift Transfers to Family. To gift a Property Interest to my spouse, or to my
descendants, using my annual gift tax exclusion, my lifetime estate tax exemption and my generation-
skipping transfer tax exemption to the extent applicable, either directly or to an existing trust, or by the
exercise of the right to designate a beneficiary of an insurance or annuity contract, IRS, retirement plan
or similar contractual arrangement or in any other way, either per stirpes (i.e., in equal shares to those
of the same generation) or in accordance with the pattern of gifting previously established by me or as
I may have otherwise made known my intentions, such as but not limited to, by the provisions of a
current will or trust agreement or lifetime gifting plan (provided such gifts to my children or their
descendants should ordinarily be in an equal amount, unless my agent, in its discretion, deems
otherwise);
a.
For purposes of my receiving Medicaid assistance, should I need care in a
nursing home or other care facility, my agent shall specifically have the complete and
unfettered power to engage in any planning techniques designed to secure or accelerate my
eligibility for Medicaid assistance, including, but not limited to, the transfer of my home, asset
transfers, annuities, the purchase of exempt assets and other Medicaid planning techniques;
3.
Gift Transfers to Charity.
To donate a Property Interest to charitable
organizations, in accordance with the pattern of gifting previously established by me or as I may have
otherwise made known my intentions, such as but not limited to, by the provisions of a current will or
trust agreement or lifetime gifting plan;
4.
Real Estate Instruments. To make, execute, acknowledge and deliver all deeds,
conveyances, plats, trust deeds, trust deed notes, mortgages, promissory notes, leases, real estate
contracts, bills of sale, assignments, stock and bond powers, proxies to vote or act, certificates and
written instruments of every kind and nature pertaining to real property, regardless of the duration of
the legal obligation created by any such instrument;
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