Retirement Plans – To amend any retirement plan.Benefits from Governmental Programs or Civil or Military Service – To make claims for any government benefit or subsidy.Personal and Family Maintenance – Deciding and budgeting the amount of money to pay for the principal and any family members being supported.Claims and Litigation – To decide on any current claims or outstanding litigation matters.Estates, Trusts, or Other Beneficial Interests – To control the language of an estate, trust, or other entity that transfers to the principal’s beneficiaries after death.Insurance and Annuities – The option to cancel, upgrade, or redeem insurance or an annuity. Operation of Entity or Business – To make any kind of decision for a business or entity.Banks and Other Financial Institutions – To have complete control over bank accounts, personal or business.Commodities and Options – Making transfers of financial items or derivatives.Stocks and Bonds – Selling shares of stock or bonds.Tangible Personal Property – The selling or leasing of personal items.Real property – The buying, selling, and leasing of real estate.The principal may grant the following standard financial powers to the agent in accordance with Section 301 (page 68): Eligibility for any benefits under a statute or regulation.Minimizing their tax liability including income, estate, inheritance, generation-skipping transfer, and gift taxes and.Upkeeping with the principal’s obligations for maintenance.
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