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Financial Power of Attorney Form

Empowers a guardian financial relationship and also commonly referred to as a Financial Power of Attorney.

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Financial Power of Attorney

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Financial Power of Attorney

Effective Date ____/____/______

I, do hereby [Legal Name], AKA [Name]

A resident of [City][State]

Located at [Address] [City], [State] [Zip Code]

Do hereby appoint [Legal Name]

A resident of [City][State]

Located at [Address] [City], [State] [Zip Code]

As my true and lawful attorney-in-fact, for me and in my name, place and in my behalf, and to do and perform all of the following responsibilities and to have all the rights in connection with the following:

1. To execute any written instrument including but not limited to checks, contracts, legal agreements and drafts.

2. With regard to property and my property rights, my attorney-in-fact shall have the power: To receive any and all income that is owed on my property and shall execute and deliver any receipts, releases or discharges relating to this property income. Also, to sell, lease, transfer or exchange any of my property as the above mentioned attorney considers correct at competitive market prices and with other terms and conditions that may be required; to execute and deliver any deeds, leases, or POA’s or other agreements that my above appointed attorney considers necessary and appropriate. To make demand and to institute, maintain and prosecute, compromise, settle or dismiss any actions that are for the recovery, collection and receipt of any goods, debts, claims, demands, rents, duties or choices in action that may be due to me, and also to defend any action that may be brought against me. Finally, with regards to property transactions the above mentioned attorney shall contract and pay for any services or goods that may be required by my dependents or me.

3. To conduct and engage in any required banking transactions, including but not limited to the signing of my name and to withdraw money deposited in my name in any bank, this includes entering into my safe deposit box and opening new and closing existing bank accounts. To pay any debt, claims and demands for which I may be held liable, regardless of how they may brought forth. To sign, endorse, execute and deliver any written instrument that I would execute or endorse, including but not limited to promissory notes, acceptances, renew checks or other evidences of indebtedness. To settle any and all claims and demands for which I am held liable, or which become due to me, and to execute any written documents pertaining to these transactions including but not limited to receipts, releases and or discharges. To grant extensions in various situations such as debts owed to me, claims that are made by me or any demands that are due to me. To invest my money in loans, bonds, notes, equity that is common or preferred, mortgages, annuities, real estate, partnerships or other property that is real or personal that my above appointed attorney deems appropriate. To exercise, buy or sell any options or exchange conversion, and/or subscription rights for any securities or other property; to vote securities; to consent to, or dissent from, the reorganization, recapitalization, consolidation, merger, liquidation or charter amendment of any corporation or other organization, any of the securities of which may at any time be held by me. In addition to consent to or dissent from the sale, mortgage, pledge, lease or distribution of any of the property that is of any such corporation or other property that has any protective, reorganization or similar committee, delegate discretionary power and pay and agree to pay any and all related expenses. In general to perform any act with reference to the matters that are stated in this paragraph which my above mentioned attorney may deem necessary and advisable in connection with issuing proxies, making agreements or subscriptions and the payment of expenses, assessments and or subscriptions. Finally with regards to banking and investing the above appointed attorney may borrow money for me from the attorney personally or others, upon any terms and conditions and at any time or times for any purpose as my attorney considers appropriate and to execute and deliver any bond, note or other written evidence of debt, and as for security to give any mortgage, deed of trust or other security instrument as to any of my property and to endorse, assign, pledge any securities, insurance policies or other tangible or intangible personal property.

4. With regard to legal affairs the above appointed attorney may employ and compensate attorneys, accountants and other agents with personal liability for neglect or wrongdoing that are selected with reasonable care and consideration. To represent me before any administrative or judicial body in any proceeding.

5. The power to obtain insurance is also granted to my attorney for any property that is owed by me that is of a reasonable amount and on any reasonable terms my attorney considers appropriate. To sign an application or other document to obtain such described insurance or to surrender or rescind any insurance policy obtained by either my attorney or me and to assign any policy upon any property that is owned by me.

6. Power to pay taxes is given to my attorney such as federal, state, county and or municipal or other income, gift or property tax returns or declarations of estimated tax and to exercise related options.

I due hereby give my attorney-in-fact full authority to perform every necessary and proper act as fully as I could if I was personally present, with full power of substitution and revocation and ratify and confirm that my attorney-in-fact or substitute shall so lawfully do. The rights, power and authority to my attorney-in-fact that I now grant shall become effective as soon as I sign below of this here document.

Applicable Law

This contract shall be governed by the laws of the State of __________ in __________ County and any applicable Federal Law.

_____________________________________ Date____________
Signature of Principle

By accepting this appointment and acting under it, I the attorney-in-fact (“Agent”) do hereby assume the legal responsibilities of an agent.

Signature of Attorney-in-Fact

WITNESS #1) _________________________________

WITNESS #2) _________________________________

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