Wills and Estates
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This is not a substitute for legal advice. An attorney
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please CLICK
HERE.
Sample Power
Of Attorney
( SAMPLE FORM )
GENERAL POWER
OF ATTORNEY
FOR BUSINESS AFFAIRS
(DURABLE)
1.
Designation of Attorney-in-Fact.
I, Dora A. James1,
residing at Lexington2
(City), Jo Davies3
(County), Illinois3
appoint Julius Benton4,
residing at Lexington5
(City), Jo Davies6
(County), Illinois7
(State), my Attorney-in-Fact. In the event
Julius Benton8
(name or any successor Attorney-in-Fact named by me) shall die,
become legally disabled, resign, refuse to act, be unavailable or,
if my Attorney-in-Fact is my spouse, be legally separated or
divorced from me, I name the following (each to act alone and
successively in the order named) as successors to my
Attorney-in-Fact:
1. First Successor
Attorney-in-Fact: Henry Slade9
Address: 1001 Briarcliff Ave., Lexington,
Illinois10
I revoke any and all Powers of Attorney that
may have been previously executed by me, but specifically
excepting any Powers of Attorney for Health Care decisions, which
I may have previously executed.
2.
Powers of Attorney-in-Fact.
My Attorney-in-Fact shall have full power
and authority to manage and conduct all of my affairs, with full
power and authority to exercise or perform any act, power, duty,
right or obligation I now have or may hereafter acquire the legal
right, power or capacity to exercise or perform. The power and
authority of my Attorney-in-Fact shall include, but not be limited
to, the power and authority:
a. To buy, acquire, obtain, take or hold
possession of any property rights and to retain such property,
whether income producing or non-income producing;
b. To sell, convey, lease, manage, care for,
preserve, protect, insure, improve, control, store, transport,
maintain, repair, remodel, rebuild and in every way
deal in and with any of my property or property
rights, now or hereafter owned by me, and to establish and
maintain reserves for repairs, improvements, upkeep and
obsolescence; to eject or remove tenants or other persons and to
recover possession of such property. This includes the right to
convey or encumber my homestead legally described as follows:
Lot 4, James Place Addition11
Lexington, Illinois
If the Attorney-in-Fact to which
this Power of Attorney relates is my spouse, and if required under
State law in order to transfer marketable title, then I also
appoint Henry Slade12,
of Lexington, Illinois13,
as my Attorney-in-Fact solely for the purpose of releasing any
dower or other inchoate interest I might have in any property,
including my homestead specifically described above;
c. To borrow money,
mortgage and grant security interests in property; to complete,
extend, modify or renew any obligations, either secured,
unsecured, negotiable or nonnegotiable, at a rate of interest and
upon terms satisfactory to my Attorney-in-Fact; to lend money,
either with or without collateral; to extend or secure credit;
and to guarantee and insure the performance and payment of
obligations of another person or entity;
d. To open, maintain or close bank accounts,
brokerage accounts, savings and checking accounts; to purchase,
renew or cash certificates of deposit; to conduct any business
with any banking or lending institution in regard to any of my
accounts or certificates of deposit; to write checks, make
deposits, make withdrawals and obtain bank statements, passbooks,
drafts, money orders, warrants, certificates or vouchers payable
to me by any person or entity, including the United States of
America and expressly including the right to sell or cash U.S.
Treasury Securities and Series E, EE, H, and HH Bonds;
e. To have full access to any safety deposit
boxes and their contents;
f. To pay all City, County, State or Federal
taxes and to receive appropriate receipts therefore; to prepare,
execute, file and obtain from the government, income and other tax
returns and other governmental reports, applications, requests and
documents; to take any appropriate action to minimize, reduce or
establish non-liability for taxes; to sue or take appropriate
action for refunds of same; to appear for me before the Internal
Revenue Service or any other taxing authority in connection with
any matter
involving Federal, State or Local
taxes in which I may be a party, giving my Attorney-in-Fact full
power to do everything necessary to be done and to receive refund
checks; to execute waivers of the statute of limitations and to
execute closing agreements on my behalf;
g. To act as proxy, with full power of
substitute, at any corporate meeting and to initiate corporate
meetings for my benefit as stockholder, in respect to any stocks,
stock rights, shares, bonds, debentures or other investments,
rights or interests.
h. To invest, reinvest, sell or exchange any
assets owned by me and to pay the assessments and charges
therefore; to obtain and maintain life insurance upon my life or
upon the life of anyone else; to obtain and maintain any other
types of insurance policies; to continue any existing plan of
insurance or investment;
i. To defend, initiate, prosecute, settle,
arbitrate, dismiss or dispose of any lawsuits, administrative
hearings, claims, actions, attachments, injunctions, arrests or
other proceedings, or otherwise participate in litigation, which
might affect me;
j. To carry on my business or businesses; to
begin new businesses; to retain, utilize or increase the capital
of any business; to incorporate or operate as a general
partnership, limited partnership or sole proprietorship any of my
businesses;
k. To employ professional and business
assistants of all kinds, including, but not limited to, attorneys,
accountants, realtors, appraisers, salesmen and agents;
l. To apply for benefits and participate in
programs offered by any governmental body, administrative agency,
person or entity;
m. To transfer to the Trustee
of any Revocable Trust created by me, if such Trust is in
existence at the time, any and all property of mine (excepting
property held by me and any other person as joint tenants with
full rights of survivorship), which property shall be held in
accordance with the terms and provisions of the agreement creating
such Trust;
n. To disclaim any
interest in property passing to me from any person or entity; and
o.
To make gifts of any of my property or assets to members of my
family; to make gifts to such other persons or religious,
educational, scientific, charitable or other nonprofit
organizations to whom or to which I have an established pattern or
program of giving; provided, however, that my Attorney-in-Fact may
not make gifts of my property to himself or herself. I appoint
Julius Benton15
of Lexington,
Illinois16
as my
Attorney-in-Fact, solely for the
purpose of determining if a gift of my property to the
Attorney-in-Fact, appointed and acting hereunder,
is appropriate, and to make any such gifts which are appropriate.
This
is not a substitute for legal advice. An
attorney must be consulted.
You acknowledge that LAWCHEK™ owns all rights, title, and interest, including and without limitation all intellectual property rights (as defined below), in and to the forms and information (including LAWCHEK™ website and brand features, including implied licenses, and excluding items licensed by LAWCHEK™ from third parties and excluding any third party property), and that you will not acquire any rights, title, or interest in or to the legal forms or information or copyrights, except as expressly set forth on the site in regard to using the legal forms for information gathering purposes. You will not modify, adapt, translate, prepare derivative works from, decompile, reverse engineer, disassemble or otherwise attempt to derive source copyright from any LAWCHEK™ services or documentation, or create or attempt to create a substitute or similar service or product through use of or access to this website or proprietary information related thereto. You will not remove, obscure, or alter the LAWCHEK™ copyright notice, brand features, or other proprietary rights notices affixed to or contained within any LAWCHEK™ services, software, or documentation (including without limitation the use of LAWCHEK™ brand features with online legal forms, web hosting services, website html codes, or LAWCHEK™ website copyrights, as applicable). "Intellectual Property Rights" means any and all rights existing from time-to-time under patent law, copyright law, semiconductor chip protection law, moral rights law, trade secret law, trademark law, unfair competition law, publicity rights law, privacy rights law, and any and all other proprietary rights, as well as, any and all applications, renewals, extensions, restorations, and re-instatements thereof, now or hereafter in force and effect worldwide.
This is not a substitute for legal advice. An attorney must be consulted. To find an attorney in your area, please CLICK HERE.
Sample Power Of Attorney
( SAMPLE FORM ) 1. Designation of Attorney-in-Fact. I, Dora A. James1, residing at Lexington2 (City), Jo Davies3 (County), Illinois3 appoint Julius Benton4, residing at Lexington5 (City), Jo Davies6 (County), Illinois7 (State), my Attorney-in-Fact. In the event Julius Benton8 (name or any successor Attorney-in-Fact named by me) shall die, become legally disabled, resign, refuse to act, be unavailable or, if my Attorney-in-Fact is my spouse, be legally separated or divorced from me, I name the following (each to act alone and successively in the order named) as successors to my Attorney-in-Fact: 1. First Successor Attorney-in-Fact: Henry Slade9 Address: 1001 Briarcliff Ave., Lexington, Illinois10 I revoke any and all Powers of Attorney that may have been previously executed by me, but specifically excepting any Powers of Attorney for Health Care decisions, which I may have previously executed. 2. Powers of Attorney-in-Fact. My Attorney-in-Fact shall have full power and authority to manage and conduct all of my affairs, with full power and authority to exercise or perform any act, power, duty, right or obligation I now have or may hereafter acquire the legal right, power or capacity to exercise or perform. The power and authority of my Attorney-in-Fact shall include, but not be limited to, the power and authority: a. To buy, acquire, obtain, take or hold possession of any property rights and to retain such property, whether income producing or non-income producing; b. To sell, convey, lease, manage, care for, preserve, protect, insure, improve, control, store, transport, maintain, repair, remodel, rebuild and in every way deal in and with any of my property or property rights, now or hereafter owned by me, and to establish and maintain reserves for repairs, improvements, upkeep and obsolescence; to eject or remove tenants or other persons and to recover possession of such property. This includes the right to convey or encumber my homestead legally described as follows: Lot 4, James Place Addition11 Lexington, Illinois If the Attorney-in-Fact to which
this Power of Attorney relates is my spouse, and if required under
State law in order to transfer marketable title, then I also
appoint Henry Slade12,
of Lexington, Illinois13,
as my Attorney-in-Fact solely for the purpose of releasing any
dower or other inchoate interest I might have in any property,
including my homestead specifically described above; d. To open, maintain or close bank accounts, brokerage accounts, savings and checking accounts; to purchase, renew or cash certificates of deposit; to conduct any business with any banking or lending institution in regard to any of my accounts or certificates of deposit; to write checks, make deposits, make withdrawals and obtain bank statements, passbooks, drafts, money orders, warrants, certificates or vouchers payable to me by any person or entity, including the United States of America and expressly including the right to sell or cash U.S. Treasury Securities and Series E, EE, H, and HH Bonds; e. To have full access to any safety deposit boxes and their contents; f. To pay all City, County, State or Federal taxes and to receive appropriate receipts therefore; to prepare, execute, file and obtain from the government, income and other tax returns and other governmental reports, applications, requests and documents; to take any appropriate action to minimize, reduce or establish non-liability for taxes; to sue or take appropriate action for refunds of same; to appear for me before the Internal Revenue Service or any other taxing authority in connection with any matter involving Federal, State or Local taxes in which I may be a party, giving my Attorney-in-Fact full power to do everything necessary to be done and to receive refund checks; to execute waivers of the statute of limitations and to execute closing agreements on my behalf; g. To act as proxy, with full power of substitute, at any corporate meeting and to initiate corporate meetings for my benefit as stockholder, in respect to any stocks, stock rights, shares, bonds, debentures or other investments, rights or interests. h. To invest, reinvest, sell or exchange any assets owned by me and to pay the assessments and charges therefore; to obtain and maintain life insurance upon my life or upon the life of anyone else; to obtain and maintain any other types of insurance policies; to continue any existing plan of insurance or investment; i. To defend, initiate, prosecute, settle, arbitrate, dismiss or dispose of any lawsuits, administrative hearings, claims, actions, attachments, injunctions, arrests or other proceedings, or otherwise participate in litigation, which might affect me; j. To carry on my business or businesses; to begin new businesses; to retain, utilize or increase the capital of any business; to incorporate or operate as a general partnership, limited partnership or sole proprietorship any of my businesses; k. To employ professional and business assistants of all kinds, including, but not limited to, attorneys, accountants, realtors, appraisers, salesmen and agents; l. To apply for benefits and participate in
programs offered by any governmental body, administrative agency,
person or entity;
n. To disclaim any
interest in property passing to me from any person or entity; and
Attorney-in-Fact, solely for the purpose of determining if a gift of my property to the Attorney-in-Fact, appointed and acting hereunder, is appropriate, and to make any such gifts which are appropriate. This is not a substitute for legal advice. An attorney must be consulted. |
This is not a substitute for legal advice. An attorney must be consulted. |
This
is not a substitute for legal advice. An
attorney must be consulted. |
The form above is an example of how a typical
Power of Attorney form may be completed.
1 The name of the
individual who is providing the Power of Attorney.
2 The identity of the city in which the individual
resides.
3 The county and
state in which the individual resides.
4. The individual who is being appointed to serve with the
Power of Attorney.
5. The
city in which the appointed individual resides.
6. The county in which the appointed individual resides.
7. The state in which the appointed individual resides.
8. The state in which the appointed individual resides.
9. The name of the individual
who shall serve as the Attorney-in-Fact.
10.The name of the alternate
Attorney-in-Fact.
11.Any real estate, which is
the subject of the Power of Attorney for sale purposes, etc.
12.The name of the
Attorney-in-Fact is identified for the sole purpose of
releasing any spousal interest in the real estate.
13.The address of the
Attorney-in-Fact must be provided in this section.
14.The initials of the
individual providing the Power of Attorney should be noted at
the bottom of every page in the left hand corner. It is
important this individual be identified on each page through
this initializing.
15.The power to make specific
gifts is also indicated for the Attorney-in-Fact.
16.The specific address for the
Attorney-in-Fact.
17.The date on which the
document is signed.
18.The city in which the document is signed.
19.The county and state in
which the document is signed.
20.The signature of the
individual granting the Power of Attorney.
21.The state and county in
which the document is being notarized.
22.The date the document is
being notarized.
23.The name of the individual
granting the Power of Attorney.
24.The signature of the Notary
Public. The document should be notarized before a Notary
Public.
This is not a substitute for legal
advice. An
attorney must be consulted.
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