Enduring Power of Attorney
I, [Your Name], of [Your Company Address] hereby appoint Orval Grimes, of Pittsburgh, PA 15201, as my attorney-in-fact (hereinafter referred to as "Agent") to act on my behalf in all matters about my financial and healthcare affairs as outlined herein.
I. Scope of Authority
This power of attorney grants the Agent the authority to make decisions and take actions on my behalf, particularly in financial and healthcare matters, should I become incapacitated or unable to make decisions for myself. Agent's authority includes, but is not limited to, managing my bank accounts, investments, real estate properties, paying bills, accessing medical records, making healthcare decisions, and consenting to medical treatments.
II. Effective Date and Duration
This power of attorney shall become effective immediately upon my incapacity or inability to make decisions for myself and shall remain in effect indefinitely thereafter unless revoked by me or by operation of law.
III. Agent's Duties and Responsibilities
Fiduciary Duty: The agent shall act with the utmost good faith and in my best interests at all times
Financial Management: The agent shall manage my financial affairs prudently and diligently, including but not limited to paying bills, collecting debts owed to me, and investing my assets.
Healthcare Decisions: The agent shall make healthcare decisions on my behalf, by my wishes as expressed in any advance directives or living will, or otherwise in my best interests.
Record-Keeping: The agent shall maintain accurate records of all transactions and decisions made on my behalf and shall provide periodic accountings to my designated beneficiaries or legal representatives upon request.
Communication: The agent shall keep my family members and other relevant parties informed of significant decisions and changes in my circumstances to the extent permitted by law.
IV. Revocation Clause
I reserve the right to revoke this power of attorney at any time, provided that I am mentally competent to do so. Any such revocation must be in writing and delivered to the Agent.
V. Specific Powers
In addition to the general powers granted herein, I specifically authorize Agent to:
Access and manage all of my bank accounts, including the authority to deposit, withdraw, and transfer funds.
Buy, sell, or otherwise manage my real estate properties.
Access and review my medical records and communicate with healthcare providers regarding my care and treatment.
Make decisions regarding medical procedures, treatments, and end-of-life care, by my wishes or best interests.
Apply for government benefits or assistance programs on my behalf.
VI. Remedy and Penalty Clause
Agent shall be indemnified and held harmless from any liability incurred in good faith while acting under this power of attorney, except in cases of gross negligence or willful misconduct.
VII. Termination
This power of attorney shall terminate upon my death or upon my regaining capacity to make decisions for myself. Additionally, I reserve the right to terminate this power of attorney in writing at any time.
VIII. Governing Law
This power of attorney shall be governed by the laws of Illinois.
IN WITNESS WHEREOF, the undersigned Principal and Agent have executed this Power of Attorney on September 23, 2050.
Principal:
[Your Name]
Agent:
Orval Grimes
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, certify that the Principal executed this Enduring Power of Attorney in our presence and that to the best of our knowledge, they are of sound mind and under no duress or undue influence.
Witness 1:
Lance Nader
September 23, 2050
Witness 2:
Jackie Tillman
September 23, 2050
On this, 23rd day of September in the year 2050, before me, a Notary Public in and for said County and State, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes therein contained.
Witness my hand and official seal.
Duane Wiza
September 23, 2050
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