Fillable Printable General Durable Power of Attorney - Wyoming

General Durable Power of Attorney - Wyoming

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General Durable Power of Attorney

Effective Upon Execution

I, ______________________________, a resident of ______________________

__________________, ____________ County, Wyoming; Social Security Number

_____-____-______ designate __________________________, presently residing

at ______________________________________________________, as my

attorney in fact (referred to as “the Agent”) on the following terms and conditions:

1) Authority to Act. The Agent is authorized to act for me under this Power of

Attorney and shall exercise all powers in my best interests and for my welfare.

2) Powers of Agent. The Agent shall have the full power and authority to manage

and conduct all of my affairs, and to exercise my legal rights and powers,

including those rights and powers that I may acquire in the future, including the

following:

i) Collect and Manage. To collect, hold, maintain, improve, invest, lease, or

otherwise manage any or all of my real or personal property or any

interest therein;

ii) Buy and Sell. To purchase, sell, mortgage, grant options, or otherwise

deal in any way in any real property or personal property, tangible or

intangible, or any interest therein, upon such terms as the Agent

considers proper, including the power to buy United States Treasury

Bonds that may be redeemed at par to pay federal estate tax and to sell or

transfer Treasury securities;

iii)Borrow. To borrow money, to execute promissory notes therefore, and to

secure any obligation by mortgage or pledge.

iv) Business and Banking. To conduct and participate in any kind of lawful

business of any nature or kind, including the right to sign partnership

agreements, continue, reorganize, merge, consolidate, recapitalize, close,

liquidate, sell, or dissolve any business and to vote stock, including the

exercise of any stock options and the carrying out of any buy sell

agreement; to receive and endorse checks and other negotiable paper,

deposit and withdraw funds (by check or withdrawal slips) that I now

have on deposit or to which I may be entitled in the future in or from any

bank, savings and loan, or other institution;

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v) Tax Returns and Reports. To prepare, sign, and file separate or joint

income, gift, and other tax returns and other governmental reports and

documents; to consent to any gift; to file any claim for tax refund; and to

represent me in all matters before the Internal Revenue Service;

vi) Safe Deposit Boxes. To have access to any safety deposit box registered

in my name alone or jointly with others, and to remove any property or

papers located therein;

vii) Proxy Rights. To act as my agent or proxy for any stocks, bonds,

shares, or other investments, rights, or interests I may now or hereafter

hold;

viii) Legal and Administrative Proceedings. To engage in any

administrative or legal proceedings or lawsuits in connection with any

matter herein;

ix) Transfers in Trust. To transfer any interest I may have in property,

whether real or personal, tangible or intangible, to the trustee of any trust

that I have created for my benefit;

x) Delegation of Authority. To engage and dismiss agents, counsel, and

employees, in connection with any matter, upon such terms as my agent

determines;

xi) Restrictions on Agent’s Powers. Regardless of the above statements,

my agent (1) cannot execute a will, a codicil, or any will substitute on my

behalf; (2) cannot change the beneficiary on any life insurance policy that

I own; (3) cannot make gifts on my behalf; and (4) may not exercise any

powers that would cause assets of mine to be considered taxable to my

agent or to my agent’s estate for purposes of any income, estate, or

inheritance tax, and (5) cannot contravene any medical power of attorney

I have executed whether prior or subsequent to the execution of this

Power of Attorney.

3) Durability. This durable Power of Attorney shall not be affected by my death

or disability except as provided by law, and shall continue in effect until my

death or until revoked by me in writing.

4) Reliance by Third Parties. Third parties may rely upon the representations of

the Agent as to all matters regarding powers granted to the Agent. No person

who acts in reliance on the representations of the Agent or the authority granted

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under this Power of Attorney shall incur any liability to me or to my estate for

permitting the Agent to exercise any power prior to actual knowledge that the

Power of Attorney has been revoked or terminated by operation of law or

otherwise.

5) Indemnification of Agent. No agent named or substituted in this power shall

incur any liability to me for acting or refraining from acting under this power,

except for such agent’s own misconduct or negligence.

6) Original Counterparts. Photocopies of this signed Power of Attorney shall be

treated as original counterparts.

7) Revocation. I hereby revoke any previous Power of Attorney that I may have

given to deal with my property and affairs as set forth herein.

8) Compensation. The Agent shall be reimbursed for reasonable expenses

incurred while acting as Agent but may not receive compensation for acting as

Agent.

9) Substitute Agent. If ______________________________is, at any time,

unable or unwilling to act, I then appoint __________________________,

presently residing at ______________________________________________

as my Agent.

Dated: ________________

_______________________________

Signed in the presence of:

_______________________________

[WITNESS]

_______________________________

[WITNESS]

County of ____________ )

)

State of _______________ ) 

Subscribed and sworn to and acknowledged before me by

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__________________________________on the ______ day of _____________,

20____.

____________________ 

Notary Public

My commission expires ______________.