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HomeMy WebLinkAbout876368 ' ~ GENERAL POWER· OF ATTORNEY 875368 ' PREAP~LE'. This is a MILITARY POWER OF ATTO~~' ~e~r~d~ 9~'1 ~'~" '" ^ pursuant to Title i0, United States Code., § 1044b,.i~a~,~exe.cmt~ by a person authorized to receive legal military services. Federal law exempts this power of attorney from any requirement of form, substance, formality, or recording that is prescribed for povers of attorney by the laws of a state, the District of Columbia, or a territory, commonwealth, or possession of the United States. Federal law specifies that this power of attorney shall be given the same legal effect as a power of attorney prepared and executed in accordance with the laws of the jurisdiction where it is presented. KNOW ALL PERSONS BY THESE PRESENTS: That I, William J. Claye~ Social Security Number 520-84-9813, currently residing in the Commonwealth of Puerto Rico, by this document do make and appoint Rita J. Claye, whose address is ]?0 Box 5097, Etna, WY 85.~18, as my true and lawful attorney-in- fact, GIVING AND GRANTING unto my 'said attorney-in-fact full power and authority to do and perform all and every act and .thing Whatsoever requisite and necessary to be done in and about the ~premises, as fully 'to all intents and purposes as I might or could do if personally present, to wit: 1. REAL PROPERTY TRANSACTIONS: (a) to buy, contract to buy, .receive, lease or · rent for any term, accept, or otherwise acquire real estate or. any options thereon or interests therein, including any and all rights for the development of oil, gas other mineral deposits, wherever sitUated, on such terms, conditions and considerations as my attorney-in-fact shall deem proper, in my name, or jointly in my name and that of any other party or parties.including my attorney-in-fact; (b) to sell, contract to sell, mortgage, encumber, exchange, lease or rent for any term, ·grant options to purcha~se or otherwise dispose of any or all real estate in which have or may hereafter . acquire any right, title or interest:, including any and all right for the development of oil, gas or other mineral deposits, whether such real estate be homestead or non-homeStead, or whether .such real estate be owned as community property,.. .. in joint ·tenancy, tenancy, by the entireties, tenancy in common Or 'in any other manner or capacity, and in my name, or jointly with any other party or parties, including my attorney- in-fact, on such terms, conditions and considerations as my attorney-in-fact shall deem proper to sign, seal, execute, acknowledge and deliver any and all instruments in writing of any kind and nature, as may be necessary or convenient, containing such' terms my said attorney-in-fact shall deem advisable, and further to waive, relinquish and convey any homestead estates, rights under homestead exemption laws, dower or curtsey estates, and all other rights or interest to which I may at any time be entitled; (c) to manage, utilize, conserve, demol~ish, repair, rebuild, alter or improve any real estate or structure thereon, owned or claimed to be owned by me in whole or in part, and to protect the same by action, proceeding or otherwise, including, but not limited to, the recovery of possession thereof and the removal of tenants or .other persons, animals or objects therefrom. 2. PERSONAL PROPERTY TRANSACTIONS: (a) to buy, contract to buy, accept~ sell, exchange, mortgage, pledge, lease or rent, contract for the repair of and in any and every manner deal in and with any and all personal property of every kind whatever, tangible or .intangible, which I may own or in which I now have or hereafter may acquire, any right, title or interest, on such terms, conditions and considerations as my attorney-in-fact slhall deem proper; (b) to execute and deliver t° the proper persons and authority any and all documents, instruments and papers necessary.to effect the proper registration and licensing of any automobiles in which I now or may hereafter have an interest; (c) to enter into contracts for the storage of tangible personal property of every kind; (d) to take possession and order the removal and shipment of any of my property from or' to any station, post, warehouse, depot~ dock, or other place of storage, safekeeping, or use, governmental or private, and to execute and deliver any release, voucher, receiPt, shipping ticket, certificate, or other instrument necessary or convenient for such purposes. 3. BUSINESS AND FINANCIAL PLANNING TRANSACTIONS: (a) to demand, sue 'for, recover~ receive, compromise, settle, adjust and pay 'all accounts, legacies, bequests, interest, dividends, annuities,. .demands, debts, taxes, and any and all other obligations, which may now or hereafter be due, owing or payable by or to me, and to carry on and transact every kind of business on my behalf, in my name or jointly in my name and that of any other person or persons, including my attorney-in-fact, and including, but not limited to, transactions concerning any and all investments and shares of stock, bonds, securities, certificates of deposit, on such terms, considerations and conditions as my attorney-in-fact may deem proper and to invest and reinvest and exchange investments, and to execute and deliver good and Sufficient instruments for the accomplishment thereof, and to act as my attorney-in-fact or proxy with respect to any stocks, shares, bonds or other investments, rights or interest as I may now or hereafter hold. (b) to create, amend or terminate one or more trusts (including Medicaid Qualifying Trusts), partnerships, corporations, co-tenancies or any other form of Ownership or entity for the purpose of dealing with any property or property interest of any nature that I may have or hereafter acquire, under, such terms and with such provisions as my attorney-in-fact may deem necessary or appropriate; and to transfer any or all property in which I have an interest into any trusts, partnerships, corporations, co-tenancies or other entities, whether created by me or my attorney-in-fact or otherwise (and, in this regard, that. my attorney-in,'fact may be a remainderman, Partner, shareholder, co-tenant or beneficiary of any such entity shall not affect the validity of any action hereunder, and shall not, by itself, cOnstitute a 'breach of fiduciary duty); and to remove property from any.such entity; and to give to any such entity, or to any.person acting as agent or trustee under anY instrument executed by me or on mY behalf, such instructions or authorizations as I may have the right to give. In addition, I specifically aUthorize my attorney-in- fact 'to revoke or amend any revocable 'living trust that I have heretofore or hereafter established; 4. BANKING TRANSACTIONS: (a) to deposit or withdraw for any purpose, in or from any bank, building and loan association, trust company or other financial institution, including the United States Postal Service, any funds, checks, or other credits which I now or hereafter may have on deposit or be entitled to, and to endorse, cash and receive the proceeds of any and all'checks, vouchers, or other orders for money, to open or close accounts, and. to receive statements, vouchers, notices or'Other documents from any bank or other financial institution concerning any and all-accounts or banking transactions in my name or in which I may have an interest; (b) to have access for all purposes to any or all safety deposit boxes or Vauits rented in my name or in the names of any other person or persons'and myself, with full power to use same for safekeeping any property or papers and to remove therefrom at any time, or from time to time, all or any part of the contents of any such box or vault; (c) to borrow money, including to use my Veteran s Administration entitlement, and to execute in my name any instrument evidencing indebtedness incurred on my behalf and to extend and renew the same, as well as any indebtedness heretofore incurred by me, for the payment of which I may in any way be liable, including mortgages and notes guaranteed or insured by the Veteran's Administration (VA) or Federal Housing Administration (FHA). 5. TAXES:' To deal with tax authorities, to execute and sign on my behalf any and all Federal, state, local and foreign income and gift tax retUrns,. including estimated returns and interest, dividends, gains and transfer returns, for all periods between 1975 and 2.050, and to pay any taxes, penalties and interest due thereon; to allocate generation-skipping transfer tax exemptions '(within .the meaning of Section 2642(a) of the Internal Revenue Code) and to make tax elections; to represent me Or to sign an Internal Revenue Service Form 2848 (Power of Attorney or Declaration of Representative) or Form 8821 (Tax Information Authorization), or comparable authorization, appointing a qualified lawyer, certified public acCountant or enrolled agent (including my attorney-in-fact if so qualified) to represent me before any office of the. Internal RevenUe Service or any state, local or foreign taxing authority with respect to the types of taxes and years referred to above, and. to specify on said authorization said types of taxes and years; to receive from or inspect confidential information in any office of the Internal Revenue service or state, local or foreign tax authority; to receive and deposit, in any one of my bank'accounts, or those of any revocable trust of mine, checks in payment of any refund of Federal, state, i'ocal or foreign taxes, penalties and interest; to pay bY check drawn on any bank account of mine or of any revocable trust of mine and have accounts to permit my attorney- J.n. fact 'to draw checks for payment of said items; to execute waivers (and offers of waivers) of restrictions on assessment or collection~ of 'deficiencies in taxes and waivers of notice of disallowance of a claim for credit' or refund; to execute consents extending the statutory period for assessment or collection of such taxes; to execute, offers in compromise and closing Agreements under .Section 7121 or comparable provisions of the Internal Revenue Code or any Federal, state, local or foreign tax statutes or .regulations; to delegate authority or to substitute another representative for any one previously appointed by me or my attorney-in-fact; and to receive copies of all notices and other written communications involving my Federal, state, local or foreign taxes at such address as my attorney-in-fact may designate. 6. GOVERNMENT DOCUMENTS, VOUCHERS AND CHECKS: (a) to execute, sign and deliver any and all government reports, applications, requests, vouchers and demands in my behalf, including, but not limited to those for any and all allowances and reimbursements properly payable to me by the United States, such as for the transportation of family members .or' for the. shipment of household effects or other property as authorized by law or regulations; (b) to receive, endorse and collect the proceeds of checks payable to my order drawn on the Treasurer of the United States for whatever account, and to execute in my name and on my behalf, all bonds, indemnities, applications or other documents, which may be required by law or regulations to secure the issuance of substitutes for such checks and to give full discharge for the same. 7 INSURANCE TRANSACTIONS: (a) to pay the premiums on, modify, rescind, release, terminate, or execute any rights, privileges, or .options . on any · contract of life- accident, health, disability, liability, property or other insurance presently owned by me or by any person on my behalf or hereafter acquired; , (b) to procure new, different, or' additional contracts of insurance on my 'life or with respect to protecting me or my property from ill health, disability, accident liability, or loss; , (c) to apply for, and receive, any loan on the security of any contract of insurance, to surrender and receive the cash· surrender value, to exercise any election or conversion rights, and to demand, receive or obtain any money, dividend or other thing of value To which I am or Eo which I may become entitled as the proceeds or other re~urn or profit arising out of any contract of insurance or of any one or more of the insurance transactions herein enumerated. 8. PERSONAL 'TRANSACTIONS: (a) to incur any and all expenses which my attorney shall deem necessary or desirable for my comfortable maintenance and support, including the hiring, arranging for and paying for any nurses or medical or hospital care; (b) to apply on my behalf and represent me in obtaining any governmental benefits to which I may be entitled, including, but not limited to Social Security benefits, Medicare and Medicaid; (c) To state my intent to return to my residence and home, to the Medical Assistance program of the state in which I reside in the event I am a patient in a long-term care facility (nursing home) or hospital (chronic or acute care) regardless of my then current medical ability to return to my home and regardless of my prognosis; (d) ~ to d° all acts necessary for maintaining the customary living· standard of my dependents including, by way of illustration· but not limitation, provision of such living quarters and their maintenance and operation, food, clothing, medical, surgical and dental care, educational facilities, and other incidentals to which my dependents are accustomed; (e) to continue the discharge of any service or duties assumed by me to my family, relatives or friends, and to continue payments incidental to my membership in, or affiliation 'with, any church, club, society, or other organization. (f) to make voluntary contributions to, transfer assets between, and .withdraw amounts from any' qualified retirement benefit plan or IRA; to waive spousal rights on any such plan or IRA; to make elections with respect to the timing, method and amounts of withdrawals, distributions and/or rollovers, methods of calculating minimum ·required distributions, and methods of distribution asa beneficiary of another's plan or IRA; and to 'take any other 'aCtiOns with respect to any such plan or IRA as I could ·take 9. GIFTS: To make gifts, outright or in trust, of my property to or for'the benefit of such persons as, in the opinion of my a tt0rney-in-faCt, would be the donees t might choose, having in mind the resources, both public and private, available for my care after the making of such gifts, and having !n mind the objective of preserving the largest amount of my property for my family as a whole. I authorize mY attorney-in-fact to consent to splitting gifts with my spouse, if I am married, so that the annual exclusions, unified credits, and generation-skipping transfer tax exemptions and exclusions of both my. spouse and myself may be used. Notwithstanding the foregoing, any gifts that are made to my attorney-in-fact, or to the creditors of my attorney-in-fact, or to the estate of my attorney-in-fact, or to the creditors of the estate.of my attorney-in-fact, pursuant to the foregoing power in no event shall exceed in aggregate (with respect to each attorney-in-fact) the greater of $5,000 or five percent of all assets subject to this power in a given calendar year, on a non-cumulative basis. 10. REPRESENTATION AND EMPLOYMENT OF ASSISTANCE: (a) on my behalf and in my name or the name of my attorney-in-fact, to institute, prosecute, appear in, defend, compromise, arbitrate, settle, or dispose of any legal, equitable or administrative hearings, actions, suits, attachments, claims or other proceedings, to which I am or may become a party or in which I have an interest, and to engage and dismiss counsel in connection therewith, authorizing my attorney in-fact to assert or to waive any or all rights, privileges and defenses' available to me under the Soldiers' and Sailors' Civil Relief Act or other legislation designed for the protection of personnel in the armed forces or their family members; (b) to hire, engage, employ and appoint agents, employees and counsel upon such terms and conditions and at such compensation as my said attorney-in-fact shall deem proper in the exercise of the powers herein granted; to dismiss and remove at pleasure any' such agents, employees and counsel as well as any ~agents, employees and counsel heretofore or hereafter employed by me Or in my behalf. 11. MISCELLANEOUS: (a) to sign, seal, acknowledge and deliver any instrument necessary to accomplish any of the powers herein granted;. (b) to modify, reform, renegotiate or rescind any contract or obligation heretofore or hereafter made by me or in my behalf. PROVIDED, HOWEVER, that all business transacted hereunder for me or for my account shall be transacted in my name, and that all endorsements and instrumenss executed by my said attorney-in- fact for the purpose of carrying out the foregoing powers shall contain my name, · followed by that of my said attorney-in-fact and the designation "attorney-in-fact." I FURTHER DECLARE that any act or thing lawfully done hereunder ]Dy my said attorney-in-fact shall be binding on myself and my heirs, legal and personal representatives and assigns, whether the same shall have been done either before or after my death, or other revocation of this instrument, unless and until reliable intelligence or notice thereof shall have been received by my said attorney-in-fact; and whether or not I, the grantor of 'this instrument, shall have been reported or listed, either officially or otherwise, as "missing in action" as .that phrase is used in military parlance, or as "captured," it being my intent that such status designation shall not bar my attorney-in-fact from fully and completely exercising and continuing to exercise any and all powers and rights herein granted and that such report .of "missing in action,' or "captured" shall neither constitute nor be interpreted as constituting notice of my death nor operate to revoke this instrument. FURTHER, this power of attorney shall remain in full force and effect until September tl, 2001, unleSs sooner revoked by me. To induce any third party to act hereunder, I hereby agree that any third party receiving a duly executed copy or facsimile of this power of attorney may act hereunder, and that revocation or termination hereof shall be ineffective as to such third party unless and until actual notice or knowledge of such revocation or partial or complete termination of this power of attorney by adjudication of incapacity, suspension by initiation of proceedings to determine incapacity, or my death shall have been received by such third party in accordance with the requirements of law. I; for myself and my heirs, executors, legal representatives and assigns, hereby agree to indemnify and hold harmless any such third party from and against any and all claims that may arise against such third party by reason of such third party' having relied upon the provisions of this power of attorney, and provided further, that in the event that I should be reported or listed "missing" or "missing in action", as those phrases are used in military parlance, prior to the expiration or revocation of this power of attorney, it shall not terminate but shall be extended as long as I ~remain in that status. It is my intention that such.status designation, shall not bar my attorney- in-fact from fully and completely exercising and continuing to exercise any and all powers and .rights herein granted, and that such report of "missing" or "missing in action" shall neither 055 constitute nor be interpreted as constituting notice of my death, nor operate to revoke this instrument. IN WITNESS WHEREOF I have hereunto set my hand and seal on this day, llth day of September, 2000. so,,:, I?RINT NAh~Z-T.---~ BRANCH HEAD HEAD ~'~Z~T ADDR~VAt LEGAL 5~K¥iCE$ 0FFii3E SE -- P~ZNT !~.AV~~ n~n= ~ BRANCH OFFlCrE H OFFICE PSI3 1008 BOX ~0~i PSC. !008 BOX -~017 FPO AA 34051-8800' AC~OW?.EDGE~TFPO AA 34051-8800 · ~ERVING WITH THE ARMED FORCES OF THE UNITED STATES NAVAL LEGAL SERVICE OFFICE, ROOSEVELT ROADS, P.R. Before me personally appeared William J. Claye, who, having produced a Uniformed Services Identification Card, is known to me to be the identical person who is described herein, and who signed and executed the foregoing instrument on this day, Ilth day of September, 2000, as a true, free, and voluntary act and deed, for uses, purposes, and considerations therein set forth. And I do further certify that I am a Commissioned Officer of the Armed Forces of the United States serving in the rank indicated bei.~ ' by ~Federal law I am aUthorized to exercise the without requirement of a seal, and that' this :echO:ted' by me in accordance with those powers and "~ JAGC, U.S ~NAVAL RESERVE COnsul of th~ "::i:!!:!~.'>Oni,f'~ 'S ~ a t e s A.uthor,i'~Y':',"",'.Z0 U.S.C. ~ 1044a. NO SEAL REQUIRED