California General Durable Power Of Attorney (Page 4 of 7) in pdf

trade acceptance made, executed, endorsed, accepted, and delivered by me or for me in my

name, by my Agent. To borrow from time to time such sums of money as my Agent may deem

proper and execute promissory notes, security deeds or agreements, financing statements, or

other security instruments in such form as the lender may request and renew said notes and

security instruments from time to time in whole or in part. To have free access at any time or

times to any safe deposit box or vault to which I might have access.

_______ (F) Business operating transactions. To conduct, engage in, and otherwise transact

the affairs of any and all lawful business ventures of whatever nature or kind that I may now or

hereafter be involved in.

_______ (G) Insurance and annuity transactions. To exercise or perform any act, power, duty,

right, or obligation, in regard to any contract of life, accident, health, disability, liability, or other

type of insurance or any combination of insurance; and to procure new or additional contracts of

insurance for me and to designate the beneficiary of same; provided, however, that my Agent

cannot designate himself or herself as beneficiary of any such insurance contracts.

_______ (H) Estate, trust, and other beneficiary transactions. To accept, receipt for,

exercise, release, reject, renounce, assign, disclaim, demand, sue for, claim and recover any

legacy, bequest, devise, gift or other property interest or payment due or payable to or for the

principal; assert any interest in and exercise any power over any trust, estate or property subject

to fiduciary control; establish a revocable trust solely for the benefit of the principal that terminates

at the death of the principal and is then distributable to the legal representative of the estate of

the principal; and, in general, exercise all powers with respect to estates and trusts which the

principal could exercise if present and under no disability; provided, however, that the Agent may

not make or change a will and may not revoke or amend a trust revocable or amendable by the

principal or require the trustee of any trust for the benefit of the principal to pay income or

principal to the Agent unless specific authority to that end is given.

_______ (I) Claims and litigation. To commence, prosecute, discontinue, or defend all actions

or other legal proceedings touching my property, real or personal, or any part thereof, or touching

any matter in which I or my property, real or personal, may be in any way concerned. To defend,

settle, adjust, make allowances, compound, submit to arbitration, and compromise all accounts,

reckonings, claims, and demands whatsoever that now are, or hereafter shall be, pending

between me and any person, firm, corporation, or other legal entity, in such manner and in all

respects as my Agent shall deem proper.

_______ (J) Personal and family maintenance. To hire accountants, attorneys at law,

consultants, clerks, physicians, nurses, agents, servants, workmen, and others and to remove

them, and to appoint others in their place, and to pay and allow the persons so employed such

salaries, wages, or other remunerations, as my Agent shall deem proper.

_______ (K) Benefits from Social Security, Medicare, Medicaid, or other governmental

programs, or military service. To prepare, sign and file any claim or application for Social

Security, unemployment or military service benefits; sue for, settle or abandon any claims to any

benefit or assistance under any federal, state, local or foreign statute or regulation; control,

deposit to any account, collect, receipt for, and take title to and hold all benefits under any Social

Security, unemployment, military service or other state, federal, local or foreign statute or

regulation; and, in general, exercise all powers with respect to Social Security, unemployment,

military service, and governmental benefits, including but not limited to Medicare and Medicaid,

which the principal could exercise if present and under no disability.

_______ (L) Retirement plan transactions. To contribute to, withdraw from and deposit funds

in any type of retirement plan (which term includes, without limitation, any tax qualified or

nonqualified pension, profit sharing, stock bonus, employee savings and other retirement plan,

individual retirement account, deferred compensation plan and any other type of employee

California General Durable Power Of Attorney Page 4

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