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HomeMy WebLinkAbout955724DURABLE POWER OF ATTORNEY 000479 1. I, Betty Hoffman, residing in Evanston, Uinta County, Wyoming, hereby revoke any and all former powers of attorney made by me and appoint Rae DeGraw of Evanston, Wyoming, as my Agent to do any and all acts which I could do if personally present. 2. This power of attorney shall not be affected by any subsequent disability or incapacity from which I may suffer. 3. I intend to give my Agent the fullest powers possible, subject to the laws and standards applicable to fiduciaries, and do not intend by the enumeration of her powers below to limit or reduce them in any fashion. 4. Among the powers hereby granted to my Agent are to: a. Receive goods and money: To demand, sue for, recover and receive all debts, rents, interest, money, goods, and chattels due to me or that may become due to me and which belong to me or to which I may be entitled to possess; to execute and deliver receipts, releases and discharges; to make, endorse, accept or deliver commercial paper, agreements, and other instruments; b. Manage real estate: To take possession of any real estate that belongs to me or to which I may be entitled to possess; to receive any rents or profits that may be due from real estate; to enter into new leases for any term, renew or extend any existing leases for any term; to sell, convey, or mortgage any real estate affected bit this document; to commence and prosecute any suits or actions for either recovery of the possession of any real estate belonging to me or to which I may be entitled or for the rents and profits due from such real estate; c. Motor vehicles: To apply for a Certificate of Title, and endorse and transfer such title, for any motor vehicle, and to represent in such transfer assignment that the title to said motor vehicle is free and clear of all liens and encumbrances except those specifically set forth in such transfer assignment; d. Investments: To invest and reinvest in loans, stocks, bonds, securities, real estate, life insurance, annuities, endowment policies, any other proper investment or combinations thereof; to reduce the interest rate at any time and from time to time on any mortgage or land contract; to deal with and give instructions to any brokerage firm with respect to the purchase, sale or other disposition of securities and other assets; to add assets to or withdraw assets from any account in my name and sign any representation, certification or agreement, including agreements regarding margin, option trading, or commodities accounts; e. Stock: To vote at all stockholder meetings of corporations and otherwise to act as my proxy or representative in respect to any shares now held or which may DURABLE POWER OF ATTORNEY PAGE 1 OF 3 000480 hereafter be acquired by me and for that purpose to sign and execute any proxies or other instruments in my name or on my behalf; to sell, assign, transfer, and deliver any and all shares of stock standing in my name on the books of any corporation, of which I may be, in equity or otherwise, beneficially entitled, and for that purpose to make and execute all necessary acts of assignment and transfer; f. Gifts: To make gifts of any and all of my assets or property to charitable organizations, family members and friends, including Agent or my successor Agent(s), who would be likely beneficiaries of my gifts; to make transfers for the purpose of allowing me or my estate to qualify for governmental benefits, including but not limited to Medicaid; g. Debts and expenses: To pay, compromise, and settle any and all bills, loans, notes, or other forms of indebtedness owed by me at the present time, or which may be owed by me or incurred by my Agent for my benefit at any time in the future; to incur and pay from any of my assets or property all reasonable expenses in connection with control, management, and supervision of my property, and the maintenance, support, care, and comfort of myself and those dependent upon me, including reasonable compensation for the services of my Agent; h. Borrow: To borrow from time to time such sums of money and upon such terms as may be proper or expedient, secured upon any of my property or unsecured; to give, execute, deliver, and acknowledge promissory notes and /or renewals thereof, mortgages, pledges and guarantees; i. Appear in actions and suits: To appear, answer, and defend all actions and suits that may be brought against me in my name; to compromise, settle or adjust them or any other claims against me in any other manner; j. Banking powers: To make, draw, sign in my name, deliver and execute checks and drafts, receipts for moneys, notes, or other orders for the payment of money against, or otherwise make withdrawals from any commercial, checking or savings account which I have in my sole name or in joint name with other persons, in any bank or financial institution; k. Enter safe deposit boxes: To enter to inspect or remove the contents of any safe deposit box registered in my name; 1. Employ Agents: To employ, compensate and discharge Agents, accountants, attorneys, appraisers, financial consultants, real estate brokers, and other professional assistants for services rendered; m. Governmental Benefits: To make application to any governmental agency for any benefit or governmental obligation to which I may be entitled; to endorse any checks or drafts made payable to me from any governmental agency for my benefit; and DURABLE POWER OF ATTORNEY PAGE2 3 n. Tax returns: To prepare, execute, and file reports, returns, declarations, forms and statements of any and all tax purposes including income tax, gift tax, real estate tax, personal property tax, intangibles tax, single business tax, or any other kind of tax whatsoever; to pay such taxes or any interest or penalty thereon or additions thereto; to make and file objections, protests, claims for abatement, refunds or credits in relation to any such tax proposed, levied, or paid; to represent me and to institute and prosecute proceedings in court or before any administrative authority to contest any such tax in whole or in part or for recovery of any amount paid in respect to any such tax; to defend or settle any amount paid in respect to any such tax; to give full and final receipt for any refund or credit and to endorse and collect any checks or other vouchers therefore. o. Trusts: To make transfers of property to add to or fund a revocable trust or into joint tenancy or other non probate form subject to a declaration of trust, if such trust or declaration of trust was created by me prior to my disability or incapacity and has not been revoked by me. 5. A photostatic copy of this Durable Power of Attorney shall serve in the same stead as an original. DATED this 6th day of April, 20hO. STATE OF WYOMING COUNTY OF UINTA My commission expires: SS DURABLE POWER OF ATTORNEY PAGE 3 OF 3 000481 The foregoing Durable Power of Attorney was acknowledged before me by Betty Hoffman, this 6 day of April, 2010. Witness my hand and official seal. �`\xt� trr rr i l rtlrrb a" p 11 MyCommIssion Expires July 02. 201'1 (/'11 i 11110'. lic