Maryland 2023 Regular Session

Maryland House Bill HB18 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	WES MOORE, Governor Ch. 696
2	1
3		-	– 1 –
4		-	Chapter 696
5		-	(House Bill 18)
6	2
7		-	AN ACT concerning
	3	+	EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
	4	+	[Brackets] indicate matter deleted from existing law.
	5	+	Underlining indicates amendments to bill.
	6	+	Strike out indicates matter stricken from the bill by amendment or deleted from the law by
	7	+	amendment.
	8	+	hb0018
8	9
9		-	Maryland General and Limited Power of Attorney Act – Assistance With
10		-	Governmental Benefits and Programs Alterations
	10	+	HOUSE BILL 18
	11	+	N2 3lr0639
	12	+	HB 92/22 – JUD (PRE–FILED) CF SB 851
	13	+	By: Delegate Hill Delegates Hill and Kaufman
	14	+	Requested: October 27, 2022
	15	+	Introduced and read first time: January 11, 2023
	16	+	Assigned to: Judiciary
	17	+	Committee Report: Favorable with amendments
	18	+	House action: Adopted
	19	+	Read second time: March 4, 2023
11	20
12		-	FOR the purpose of altering a certain statutory form for a general power of attorney by
13		-	including certain provisions informing the principal and agent of certain matters,
14		-	granting general authority with respect to tangible personal property and trusts and
15		-	estates, authorizing the principal to grant the agent certain specific powers relating
16		-	to successor agents, compensation, gifts or transfers, and opening joint accounts and
17		-	beneficiary designations, and clarifying the force and effect of the form; altering
18		-	certain statutory forms for a power of attorney to include certain provisions relating
19		-	to the authority of an agent to perform certain acts relating to eligibility and
20		-	qualifications for certain governmental benefits or programs; altering a certain
21		-	provision in a certain statutory form for a limited power of attorney relating to the
22		-	authority of an agent to make a gift of part or all of a principal’s property or to take
23		-	certain actions with respect to certain trusts under certain circumstances; and
24		-	generally relating to powers of attorney.
	21	+	CHAPTER ______
25	22
26		-	BY repealing and reenacting, with amendments,
27		-	Article – Estates and Trusts
28		-	Section 17–202 and 17–203
29		-	Annotated Code of Maryland
30		-	(2022 Replacement Volume and 2022 Supplement)
	23	+	AN ACT concerning 1
31	24
32		-	~~SECTION 1. BE IT ENACTED BY THE~~ GENERAL ~~ASSEMBLY~~ OF ~~MARYLAND,~~
33		-	~~That the Laws of Maryland read as follows:~~
	25	+	Maryland General and Limited Power of Attorney Act – Assistance With 2
	26	+	Governmental Benefits and Programs Alterations 3
34	27
35		-	Article – Estates and Trusts
	28	+	FOR the purpose of altering a certain statutory form for a general power of attorney by 4
	29	+	including certain provisions informing the principal and agent of certain matters, 5
	30	+	granting general authority with respect to tangible personal property and trusts and 6
	31	+	estates, authorizing the principal to grant the agent certain specific powers relating 7
	32	+	to successor agents, compensation, gifts or transfers, and opening joint accounts and 8
	33	+	beneficiary designations, and clarifying the force and effect of the form; altering 9
	34	+	certain statutory forms for a power of attorney to include certain provisions relating 10
	35	+	to the authority of an agent to perform certain acts relating to eligibility and 11
	36	+	qualifications for certain governmental benefits or programs; altering a certain 12
	37	+	provision in a certain statutory form for a limited power of attorney relating to the 13
	38	+	authority of an agent to make a gift of part or all of a principal’s property or to take 14
	39	+	certain actions with respect to certain trusts under certain circumstances; and 15
	40	+	generally relating to powers of attorney. 16
36	41
37		-	17–202.
	42	+	BY repealing and reenacting, with amendments, 17
	43	+	Article – Estates and Trusts 18
	44	+	Section 17–202 and 17–203 19
	45	+	Annotated Code of Maryland 20
	46	+	(2022 Replacement Volume and 2022 Supplement) 21
	47	+	2 HOUSE BILL 18
38	48
39		-	“MARYLAND STATUTORY FORM
40	49
41		-	PERSONAL FINANCIAL POWER OF ATTORNEY
	50	+	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1
	51	+	That the Laws of Maryland read as follows: 2
42	52
43		-	~~IMPORTANT INFORMATION~~ AND ~~WARNING~~
	53	+	Article – Estates and Trusts 3
44	54
45		-	You should be very careful in deciding whether or not to sign this document. The powers
46		-	granted by you (the principal) in this document are broad and sweeping. This power of
47		-	attorney authorizes another person (your agent) to make decisions concerning your
48		-	property for you (the principal). Your agent will be able to make decisions and act with Ch. 696 2023 LAWS OF MARYLAND
	55	+	17–202. 4
49	56
50		-	– 2 –
51		-	respect to your property (including your money) whether or not you are able to act for
52		-	yourself.
	57	+	“MARYLAND STATUTORY FORM 5
53	58
54		-	You should select someone you trust to serve as your agent. Unless you specify otherwise,
55		-	generally the agent’s authority will continue until you die or revoke the power of attorney
56		-	or the agent resigns or is unable to act for you.
	59	+	PERSONAL FINANCIAL POWER OF ATTORNEY 6
57	60
58		-	You need not grant all of the powers listed below. If you choose to grant less than all of the
59		-	listed powers, you may instead use a Maryland Statutory Form Limited Power of Attorney
60		-	and mark on that Maryland Statutory Form Limited Power of Attorney which powers you
61		-	intend to delegate to your attorney–in–fact (the Agent) and which you do not want the
62		-	Agent to exercise.
	61	+	IMPORTANT INFORMATION AND WARNING 7
63	62
64		-	YOU SHOULD UNDERSTAND THAT GRANTING YOUR AGENT THE AUTHORITY TO TAK E
65		-	ACTIONS UNDER THIS P OWER OF ATTORNEY MAY :
	63	+	You should be very careful in deciding whether or not to sign this document. The powers 8
	64	+	granted by you (the principal) in this document are broad and sweeping. This power of 9
	65	+	attorney authorizes another person (your agent) to make decisions concerning your 10
	66	+	property for you (the principal). Your agent will be able to make decisions and act with 11
	67	+	respect to your property (including your money) whether or not you are able to act for 12
	68	+	yourself. 13
66	69
67		-	(1) SIGNIFICANTLY REDUCE YOUR PROPERTY AND LI MIT YOUR
68		-	ACCESS TO YOUR ASSET S;
	70	+	You should select someone you trust to serve as your agent. Unless you specify otherwise, 14
	71	+	generally the agent’s authority will continue until you die or revoke the power of attorney 15
	72	+	or the agent resigns or is unable to act for you. 16
69	73
70		-	(2) CHANGE HOW YOUR PROPE RTY IS DISTRIBUTED U NDER YOUR
71		-	EXISTING ESTATE PLAN S TO YOUR HEIRS OR OTHERS ON Y OUR DEATH; OR
	74	+	You need not grant all of the powers listed below. If you choose to grant less than all of the 17
	75	+	listed powers, you may instead use a Maryland Statutory Form Limited Power of Attorney 18
	76	+	and mark on that Maryland Statutory Form Limited Power of Attorney which powers you 19
	77	+	intend to delegate to your attorney–in–fact (the Agent) and which you do not want the 20
	78	+	Agent to exercise. 21
72	79
73		-	(3) RESULT IN TAX CONSEQU ENCES TO YOURSELF OR OTHERS.
	80	+	YOU SHOULD UNDERSTAND THAT GRANTING YOUR A GENT THE AUTHORITY T O TAKE 22
	81	+	ACTIONS UNDER THIS P OWER OF ATTORNEY MAY : 23
74	82
75		-	~~This power of attorney becomes effective immediately unless you state otherwise in the~~
76		-	~~Special Instructions.~~
	83	+	(1) SIGNIFICANTLY REDUCE YOUR PROPERTY AND LI MIT YOUR 24
	84	+	ACCESS TO YOUR ASSET S; 25
77	85
78		-	~~You should obtain competent legal advice before you sign this power of attorney if you have~~
79		-	~~any questions about the document or the authority you are granting~~ to your ~~agent.~~
	86	+	(2) CHANGE HOW YOUR PROPE RTY IS DISTRIBUTED UNDER YOUR 26
	87	+	EXISTING ESTATE PLAN S TO YOUR HEIRS OR O THERS ON YOUR DEATH ; OR 27
80	88
81		-	~~IMPORTANT INFORMATION FOR AGENT~~
	89	+	(3) RESULT IN TAX CONSEQU ENCES TO YOURSELF OR OTHERS. 28
82	90
83		-	SIMPLY BECAUSE YOU AR E GRANTED A POWER OF ATTORNEY DOES NOT ME AN YOU
84		-	SHOULD EXERCISE IT . YOU ARE BOUN D BY AN UTMOST DUTY OF LOYALTY TO THE
85		-	INTERESTS OF THE PRI NCIPAL. YOU MAY NOT ACT IN YO UR OWN SELF–INTEREST.
86		-	YOU ARE FURTHER LIMIT ED BY LEGAL DUTIES T O THE PRINCIPAL THAT GOVERN
87		-	YOUR ACTIONS .
	91	+	This power of attorney becomes effective immediately unless you state otherwise in the 29
	92	+	Special Instructions. 30
88	93
89		-	WHEN EXERCISING THE A UTHORITY GRANTED IN THIS POWER OF ATTORN EY, YOU
90		-	SHALL CONSIDER THE S TATED INTENTIONS OF THE PRINCIPAL REGARD ING THE
91		-	PRINCIPAL’S SELF–INTEREST, FAMILY, ESTATE, AND TAXES.
	94	+	You should obtain competent legal advice before you sign this power of attorney if you have 31
	95	+	any questions about the document or the authority you are granting to your agent. 32 HOUSE BILL 18 3
92	96
93		-	DESIGNATION OF AGENT
94	97
95		-	This section of the form provides for designation of one agent. WES MOORE, Governor Ch. 696
96	98
97		-	~~– 3 –~~
	99	+	IMPORTANT INFORMATION FOR AGENT 1
98	100
99		-	If you wish to name coagents, skip this section and use the next section (“Designation of
100		-	Coagents”).
	101	+	SIMPLY BECAUSE YOU AR E GRANTED A POWER OF ATTORNEY DOES NOT ME AN YOU 2
	102	+	SHOULD EXERCISE IT . YOU ARE BOUND BY AN U TMOST DUTY OF LOYALT Y TO THE 3
	103	+	INTERESTS OF THE PRI NCIPAL. YOU MAY NOT ACT IN YO UR OWN SELF–INTEREST. 4
	104	+	YOU ARE FURTHER LIMIT ED BY LEGAL DUTIES T O THE PRINCIPAL THAT GOVERN 5
	105	+	YOUR ACTIONS . 6
101	106
102		-	I, ___________________________________________________________________________,
	107	+	WHEN EXERCISING THE AUTHO RITY GRANTED IN THIS POWER OF ATTORNEY , YOU 7
	108	+	SHALL CONSIDER THE S TATED INTENTIONS OF THE PRINCIPAL REGARD ING THE 8
	109	+	PRINCIPAL’S SELF–INTEREST, FAMILY, ESTATE, AND TAXES. 9
103	110
104		-	~~(Name~~ of ~~Principal)~~
	111	+	DESIGNATION OF AGENT 10
105	112
106		-	~~Name~~ the ~~following person as my~~ agent:
	113	+	This section of the form provides for designation of one agent. 11
107	114
108		-	Name of Agent: _______________________________________________________________
	115	+	If you wish to name coagents, skip this section and use the next section (“Designation of 12
	116	+	Coagents”). 13
109	117
110		-	~~Agent’s Address:~~ ______________________________________________________________
	118	+	I, ___________________________________________________________________________, 14
111	119
112		-	~~Agent’s Telephone Number:~~ ~~___________________________________________________~~
	120	+	(Name of Principal) 15
113	121
114		-	~~DESIGNATION OF COAGENTS (OPTIONAL)~~
	122	+	Name the following person as my agent: 16
115	123
116		-	This section of the form provides for designation of two or more coagents. Coagents are
117		-	required to act together unanimously unless you otherwise provide in this form.
	124	+	Name of Agent: _______________________________________________________________ 17
118	125
119		-	I, ______________________________________________________________~~_____________,~~
	126	+	Agent’s Address: ______________________________________________________________ 18
120	127
121		-	~~(Name of Principal)~~
	128	+	Agent’s Telephone Number: ___________________________________________________ 19
122	129
123		-	~~Name the following persons as~~ coagents:
	130	+	DESIGNATION OF COAGENTS (OPTIONAL) 20
124	131
125		-	Name of Coagent: ____________________________________________________________
	132	+	This section of the form provides for designation of two or more coagents. Coagents are 21
	133	+	required to act together unanimously unless you otherwise provide in this form. 22
126	134
127		-	~~Coagent’s Address:~~ ___________________________________________________________
	135	+	I, ___________________________________________________________________________, 23
128	136
129		-	~~Coagent’s Telephone Number:~~ ~~_________________________________________________~~
	137	+	(Name of Principal) 24
130	138
131		-	Name ~~of Coagent~~: ~~____________________________________________________________~~
	139	+	Name the following persons as coagents: 25
132	140
133		-	Coagent~~’s Address~~: ___________________________________________________________
	141	+	Name of Coagent: ____________________________________________________________ 26
134	142
135		-	Coagent’s ~~Telephone Number~~: _________________________________________________
	143	+	Coagent’s Address: ___________________________________________________________ 27 4 HOUSE BILL 18
136	144
137		-	Special Instructions Regarding Coagents: _______________________________________
138		-	___________________________________________________________________________________
139		-	___________________________________________________________________________________
140		-	____________________________________________________________________
141	145
142		-	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL)
143		-	Ch. 696 2023 LAWS OF MARYLAND
144	146
145		-	– 4 –
146		-	If my agent is unable or unwilling to act for me, I name as my successor agent:
	147	+	Coagent’s Telephone Number: _________________________________________________ 1
147	148
148		-	Name of ~~Successor Agent~~: _____________________________________________________
	149	+	Name of Coagent: ____________________________________________________________ 2
149	150
150		-	Successor Agent’s
151		-	Address: _____________________________________________________________________
	151	+	Coagent’s Address: ___________________________________________________________ 3
152	152
153		-	Successor Agent’s
154		-	Telephone Number: ___________________________________________________________
	153	+	Coagent’s Telephone Number: _________________________________________________ 4
155	154
156		-	If my successor agent is unable or unwilling to act for me, I name as my second successor
157		-	agent:
	155	+	Special Instructions Regarding Coagents: _______________________________________ 5
	156	+	___________________________________________________________________________________ 6
	157	+	___________________________________________________________________________________ 7
	158	+	____________________________________________________________________ 8
158	159
159		-	Name of Second
160		-	Successor Agent: _____________________________________________________________
	160	+	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL) 9
161	161
162		-	Second Successor
163		-	Agent’s Address: ______________________________________________________________
	162	+	If my agent is unable or unwilling to act for me, I name as my successor agent: 10
164	163
165		-	Second Successor Agent’s
166		-	Telephone Number: ___________________________________________________________
	164	+	Name of Successor Agent: _____________________________________________________ 11
167	165
168		-	~~POWER TO APPOINT~~ SUCCESSOR AGENT(S~~) IF NO AGENT OR~~
169		-	~~SUCCESSOR AGENT IS ABLE TO SERVE (OPTIONAL)~~
	166	+	Successor Agent’s 12
	167	+	Address: _____________________________________________________________________ 13
170	168
171		-	~~ONLY IF I HAVE INITIALED BELOW, MY~~ AGENT(S~~) MAY APPOINT A SUCCES SOR~~
172		-	~~AGENT(S).~~
	169	+	Successor Agent’s 14
	170	+	Telephone Number: ___________________________________________________________ 15
173	171
174		-	(___) EACH AGENT, WHILE SERVING IN THA T CAPACITY, MAY APPOINT AN
175		-	INDIVIDUAL TO SUCCEE D TO THE AGENT ’S OFFICE ON THE AGEN T’S DEATH,
176		-	RESIGNATION, OR INCAPACITY ; PROVIDED, HOWEVER, THAT AN APPOI NTMENT
177		-	UNDER THIS SECTION B ECOMES EFFECTIVE ONL Y WHEN NO OTHER AGEN T OR
178		-	SUCCESSOR AGENT DESI GNATED BY ME IS WILL ING OR ABLE TO ACT .
	172	+	If my successor agent is unable or unwilling to act for me, I name as my second successor 16
	173	+	agent: 17
179	174
180		-	COMPENSATION (OPTIONAL)
	175	+	Name of Second 18
	176	+	Successor Agent: _____________________________________________________________ 19
181	177
182		-	YOUR AGENT IS ENTITLE D TO REIMBURSEMENT F OR THEIR EXPENSES . YOUR AGENT
183		-	IS ENTITLED TO COMPE NSATION ONLY IF YOU HAVE INITIALED ONE OF THE
184		-	OPTIONS LISTED BELOW :
	178	+	Second Successor 20
	179	+	Agent’s Address: ______________________________________________________________ 21
185	180
186		-	(___) MY AGENT(S) IS ENTITLED TO REASO NABLE COMPENSATION .
	181	+	Second Successor Agent’s 22
	182	+	Telephone Number: ___________________________________________________________ 23
187	183
188		-	(___) MY AGENT(S) IS ENTITLED TO THE F OLLOWING COMPENSATIO N:
	184	+	POWER TO APPOINT SUCCESSOR AGENT(S) IF NO AGENT OR 24
	185	+	SUCCESSOR AGENT IS ABLE TO SERVE (OPTIONAL) 25
189	186
190		-	GRANT OF GENERAL AUTHORITY WES MOORE, Governor Ch. 696
	187	+	ONLY IF I HAVE INITIALED BELOW, MY AGENT(S) MAY APPOINT A SUCCES SOR 26
	188	+	AGENT(S). 27
191	189
192		-	– 5 –
	190	+	(___) EACH AGENT, WHILE SERVING IN THA T CAPACITY, MAY APPOINT AN 28
	191	+	INDIVIDUAL TO SUCCEE D TO THE AGENT ’S OFFICE ON THE AGEN T’S DEATH, 29 HOUSE BILL 18 5
193	192
194		-	I (“the principal”) grant my agent and any successor agent, with respect to each subject
195		-	listed below, the authority to do all acts that I could do to:
196	193
197		-	(1) Contract with another person, on terms agreeable to the agent, to
198		-	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform,
199		-	restate, release, or modify the contract or another contract made by or on behalf of the
200		-	principal;
	194	+	RESIGNATION, OR INCAPACITY ; PROVIDED, HOWEVER, THAT AN APPOINTMENT 1
	195	+	UNDER THIS SECTION B ECOMES EFFECTIVE ONL Y WHEN NO OTHER AGEN T OR 2
	196	+	SUCCESSOR AGENT DESI GNATED BY ME IS WILL ING OR ABLE TO ACT . 3
201	197
202		-	(2) Execute, acknowledge, seal, deliver, file, or record any instrument or
203		-	communication the agent considers desirable to accomplish a purpose of a transaction;
	198	+	COMPENSATION (OPTIONAL) 4
204	199
205		-	(3) Seek on the principal’s behalf the assistance of a court or other
206		-	governmental agency to carry out an act authorized in this power of attorney;
	200	+	YOUR AGENT IS ENTITLE D TO REIMBURSEMENT FOR THEIR EXPENSES . YOUR AGENT 5
	201	+	IS ENTITLED TO COMPE NSATION ONLY IF YOU HAVE INITIALED ONE OF THE 6
	202	+	OPTIONS LISTED BELOW : 7
207	203
208		-	(4) Initiate, participate in, submit to alternative dispute resolution, settle,
209		-	oppose, or propose or accept a compromise with respect to a claim existing in favor of or
210		-	against the principal or intervene in litigation relating to the claim;
	204	+	(___) MY AGENT(S) IS ENTITLED TO REASO NABLE COMPENSATION . 8
211	205
212		-	(5) Engage, compensate, and discharge an attorney, accountant,
213		-	discretionary investment manager, expert witness, or other advisor;
	206	+	(___) MY AGENT(S) IS ENTITLED TO THE F OLLOWING COMPENSATIO N: 9
214	207
215		-	(6) Prepare, execute, and file a record, report, or other document to
216		-	safeguard or promote the principal’s interest under a statute or regulation and
217		-	communicate with representatives or employees of a governmen t or governmental
218		-	subdivision, agency, or instrumentality, on behalf of the principal; and
	208	+	GRANT OF GENERAL AUTHORITY 10
219	209
220		-	(7) ~~Do lawful acts~~ with respect to ~~the~~ subject ~~and all property related to the~~
221		-	~~subject.~~
	210	+	I (“the principal”) grant my agent and any successor agent, with respect to each subject 11
	211	+	listed below, the authority to do all acts that I could do to: 12
222	212
223		-	SUBJECTS AND AUTHORITY
	213	+	(1) Contract with another person, on terms agreeable to the agent, to 13
	214	+	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform, 14
	215	+	restate, release, or modify the contract or another contract made by or on behalf of the 15
	216	+	principal; 16
224	217
225		-	~~My agent’s authority shall include the authority to act as stated below with regard to each~~
226		-	of the ~~following subjects:~~
	218	+	(2) Execute, acknowledge, seal, deliver, file, or record any instrument or 17
	219	+	communication the agent considers desirable to accomplish a purpose of a transaction; 18
227	220
228		-	Real property – With respect to this subject, I authorize my agent to: demand, buy, sell,
229		-	convey, lease, receive, accept as a gift or as security for an extension of credit, or otherwise
230		-	acquire or reject an interest in real property or a right incident to real property; pledge or
231		-	mortgage an interest in real property or right incident to real property as security to borrow
232		-	money or pay, renew, or extend the time of payment of a debt of the principal or a debt
233		-	guaranteed by the principal, including a reverse mortgage; release, assign, satisfy, or
234		-	enforce by litigation or otherwise a mortgage, deed of trust, conditional sale contract,
235		-	encumbrance, lien, or other claim to real property that exists or is asserted; and manage or
236		-	conserve an interest in real property or a right incident to real property owned or claimed
237		-	to be owned by the principal, including: (1) insuring against liability or casualty or other
238		-	loss; (2) obtaining or regaining possession of or protecting the interest or right by litigation Ch. 696 2023 LAWS OF MARYLAND
	221	+	(3) Seek on the principal’s behalf the assistance of a court or other 19
	222	+	governmental agency to carry out an act authorized in this power of attorney; 20
239	223
240		-	– 6 –
241		-	or otherwise; (3) paying, assessing, compromising, or contesting taxes or assessments or
242		-	applying for and receiving refunds in connection with them; and (4) purchasing supplies,
243		-	hiring assistance or labor, and making repairs or alterations to the real property.
	224	+	(4) Initiate, participate in, submit to alternative dispute resolution, settle, 21
	225	+	oppose, or propose or accept a compromise with respect to a claim existing in favor of or 22
	226	+	against the principal or intervene in litigation relating to the claim; 23
244	227
245		-	TANGIBLE PERSONAL PRO PERTY, INCLUDING MOTOR VEHI CLES, BOATS, PLANES,
246		-	AND OTHER TITLED AND UNTITLED TANGIBLE PE RSONAL PROPERTY – WITH
247		-	RESPECT TO THIS SUBJ ECT, I AUTHORIZE MY AGENT T O: DEMAND, BUY, RECEIVE,
248		-	ACCEPT AS A GIFT OR AS SECURITY FOR AN E XTENSION OF CREDIT, OR OTHERWISE
249		-	ACQUIRE OR REJECT OW NERSHIP OR POSSESSIO N OF TANGIBLE PERSON AL
250		-	PROPERTY OR AN INTER EST IN TANGIBLE PERS ONAL PROPERTY ; SELL, EXCHANGE,
251		-	CONVEY WITH OR WITHO UT COVENANTS , REPRESENTATIONS , OR WARRANTIES ,
252		-	QUITCLAIM, RELEASE, SURRENDER , CREATE A SECURITY INTER EST IN, GRANT
253		-	OPTIONS CONCERNING , LEASE, SUBLEASE, OR OTHERWISE DISPOSE OF TANGIBLE
254		-	PERSONAL PROPERTY OR AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; GRANT
255		-	A SECURITY INTEREST IN TANGIBLE PERSONAL PROPERTY OR AN INTER EST IN
256		-	TANGIBLE PERSO NAL PROPERTY AS SECU RITY TO BORROW MONEY OR PAY, RENEW,
257		-	OR EXTEND THE TIME O F PAYMENT OF A DEBT OF THE PRINCIPAL OR A DEBT
258		-	GUARANTEED BY THE PR INCIPAL; RELEASE, ASSIGN, SATISFY, OR ENFORCE BY
259		-	LITIGATION OR OTHERW ISE, A SECURITY INTEREST , LIEN, OR OTHER CLA IM ON
260		-	BEHALF OF THE PRINCI PAL, WITH RESPECT TO TANG IBLE PERSONAL PROPER TY OR
261		-	AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; MANAGE OR CONSERVE
262		-	TANGIBLE PERSONAL PR OPERTY OR AN INTERES T IN TANGIBLE PERSON AL
263		-	PROPERTY ON BEHALF O F THE PRINCIPAL , INCLUDING: (1) INSURING AGAINST
264		-	LIABILITY OR CASUALT Y OR OTHER LOSS ; (2) OBTAINING OR REGAINI NG
265		-	POSSESSION OF OR PRO TECTING THE PROPERTY OR INTEREST, BY LITIGATION OR
266		-	OTHERWISE; (3) PAYING, ASSESSING, COMPROMISING , OR CONTESTING TAXES OR
267		-	ASSESSMENTS OR APPLY ING FOR AND REC EIVING REFUNDS IN CO NNECTION WITH
268		-	TAXES OR ASSESSMENTS ; (4) MOVING THE PROPERTY FROM PLACE TO PLACE ; (5)
269		-	STORING THE PROPERTY FOR HIRE OR ON A GRA TUITOUS BAILMENT ; AND (6) USING
270		-	AND MAKING REPAIRS , ALTERATIONS , OR IMPROVEMENTS TO T HE PROPERTY ; AND
271		-	CHANGE THE FORM OF TITLE OF AN INTEREST IN TANGI BLE PERSONAL PROPERT Y.
	228	+	(5) Engage, compensate, and discharge an attorney, accountant, 24
	229	+	discretionary investment manager, expert witness, or other advisor; 25
272	230
273		-	Stocks and bonds – With respect to this subject, I authorize my agent to: buy, sell, and
274		-	exchange stocks and bonds; establish, continue, modify, or terminate an account with
275		-	respect to stocks and bonds; pledge stocks and bonds as security to borrow, pay, renew, or
276		-	extend the time of payment of a debt of the principal; receive certificates and other
277		-	evidences of ownership with respect to stocks and bonds; exercise voting rights with respect
278		-	to stocks and bonds in person or by proxy, enter into voting trusts, and consent to
279		-	limitations on the right to vote.
	231	+	(6) Prepare, execute, and file a record, report, or other document to 26
	232	+	safeguard or promote the principal’s interest under a statute or regulation and 27
	233	+	communicate with representatives or employees of a government or governmental 28
	234	+	subdivision, agency, or instrumentality, on behalf of the principal; and 29
280	235
281		-	Banks and other financial institutions – With respect to this subject, I authorize my agent
282		-	to: continue, modify, transact all business in connection with, and terminate an account or
283		-	other banking arrangement made by or on behalf of the principal; establish, modify,
284		-	transact all business in connection with, and terminate an account or other banking WES MOORE, Governor Ch. 696
	236	+	(7) Do lawful acts with respect to the subject and all property related to the 30
	237	+	subject. 31
285	238
286		-	– 7 –
287		-	arrangement with a bank, trust company, savings and loan association, credit union, thrift
288		-	company, brokerage firm, or other financial institution selected by the agent; contract for
289		-	services available from a financial institution, including renting a safe deposit box or space
290		-	in a vault; deposit by check, money order, electronic funds transfer, or otherwise with, or
291		-	leave in the custody of, a financial institution money or property of the principal; withdraw,
292		-	by check, money order, electronic funds transfer, or otherwise, money or property of the
293		-	principal deposited with or left in the custody of a financial institution; receive statements
294		-	of account, vouchers, notices, and similar documents from a financial institution and act
295		-	with respect to them; enter a safe deposit box or vault and withdraw or add to the contents;
296		-	borrow money and pledge as security personal property of the principal necessary to borrow
297		-	money or pay, renew, or extend the time of payment of a debt of the principal or a debt
298		-	guaranteed by the principal; make, assign, draw, endorse, discount, guarantee, and
299		-	negotiate promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of
300		-	the principal or payable to the principal or the principal’s order, transfer money, receive
301		-	the cash or other proceeds of those transactions; and apply for, receive, and use credit cards
302		-	and debit cards, electronic transaction authorizations, and traveler’s checks from a
303		-	financial institution.
	239	+	SUBJECTS AND AUTHORITY 32 6 HOUSE BILL 18
304	240
305		-	Insurance and annuities – With respect to this subject, I authorize my agent to: continue,
306		-	pay the premium or make a contribution on, modify, exchange, rescind, release, or
307		-	terminate a contract procured by or on behalf of the principal that insures or provides an
308		-	annuity to either the principal or another person, whether or not the principal is a
309		-	beneficiary under the contract; procure new, different, and additional contracts of
310		-	insurance and annuities for the principal and select the amount, type of insurance or
311		-	annuity, and mode of payment; pay the premium or make a contribution on, modify,
312		-	exchange, rescind, release, or terminate a contract of insurance or annuity procured by the
313		-	agent; apply for and receive a loan secured by a contract of insurance or annuity; surrender
314		-	and receive the cash surrender value on a contract of insurance or annuity; exercise an
315		-	election; exercise investment powers available under a contract of insurance or annuity;
316		-	change the manner of paying premiums on a contract of insurance or annuity; change or
317		-	convert the type of insurance or annuity with respect to which the principal has or claims
318		-	to have authority described in this section; apply for and procure a benefit or assistance
319		-	under a statute or regulation to guarantee or pay premiums of a contract of insurance on
320		-	the life of the principal; collect, sell, assign, hypothecate, borrow against, or pledge the
321		-	interest of the principal in a contract of insurance or annuity; select the form and timing of
322		-	the payment of proceeds from a contract of insurance or annuity; pay, from proceeds or
323		-	otherwise, compromise or contest, and apply for refunds in connection with a tax or
324		-	assessment levied by a taxing authority with respect to a contract of insurance or annuity
325		-	or the proceeds or liability from the contract of insurance or annuity accruing by reason of
326		-	the tax or assessment.
327	241
328		-	Claims and litigation – With respect to this subject, I authorize my agent to: assert and
329		-	maintain before a court or administrative agency a claim, claim for relief, cause of action,
330		-	counterclaim, offset, recoupment, or defense, including an action to recover property or
331		-	other thing of value, recover damages sustained by the principal, eliminate or modify tax
332		-	liability, or seek an injunction, specific performance, or other relief; act for the principal Ch. 696 2023 LAWS OF MARYLAND
333	242
334		-	– 8 –
335		-	with respect to bankruptcy or insolvency, whether voluntary or involuntary, concerning the
336		-	principal or some other person, or with respect to a reorganization, receivership, or
337		-	application for the appointment of a receiver or trustee that affects an interest of the
338		-	principal in property or other thing of value; pay a judgment, award, or order against the
339		-	principal or a settlement made in connection with a claim or litigation; and receive money
340		-	or other thing of value paid in settlement of or as proceeds of a claim or litigation.
	243	+	My agent’s authority shall include the authority to act as stated below with regard to each 1
	244	+	of the following subjects: 2
341	245
342		-	Benefits from governmental programs or civil or military service (including any benefit,
343		-	program, or assistance provided under a statute or regulation including Social Security,
344		-	Medicare, and Medicaid) – With respect to this subject, I authorize my agent to: execute
345		-	vouchers in the name of the principal for allowances and reimbursements payable by the
346		-	United States or a foreign government or by a state or subdivision of a state to the principal;
347		-	PERFORM THE ACTS NEC ESSARY TO ENABLE THE PRINCIPAL TO QUALIFY FOR A
348		-	GOVERNMENTAL BENEFIT OR PROGRA M, INCLUDING OBTAINING PERSONAL AND
349		-	FINANCIAL RECORDS AND, TO THE EXTENT AUTHOR IZED IN THE SPECIAL
350		-	INSTRUCTIONS BELOW, TO TRANSFER OR GIFT THE PRINCIPAL ’S PROPERTY; enroll
351		-	in, apply for, select, reject, change, amend, or discontinue, on the principal’s behalf, a
352		-	GOVERNMENTAL benefit or program; prepare, file, and maintain a claim of the principal
353		-	for a benefit or assistance, financial or otherwise, to which the principal may be entitled
354		-	under a statute or regulation; initiate, participate in, submit to alternative dispute
355		-	resolution, settle, oppose, or propose or accept a compromise with respect to litigation
356		-	concerning a benefit or assistance the principal may be entitled to receive under a statute
357		-	or regulation; and receive the financial proceeds of a claim described above and conserve,
358		-	invest, disburse, or use for a lawful purpose anything so received.
	246	+	Real property – With respect to this subject, I authorize my agent to: demand, buy, sell, 3
	247	+	convey, lease, receive, accept as a gift or as security for an extension of credit, or otherwise 4
	248	+	acquire or reject an interest in real property or a right incident to real property; pledge or 5
	249	+	mortgage an interest in real property or right incident to real property as security to borrow 6
	250	+	money or pay, renew, or extend the time of payment of a debt of the principal or a debt 7
	251	+	guaranteed by the principal, including a reverse mortgage; release, assign, satisfy, or 8
	252	+	enforce by litigation or otherwise a mortgage, deed of trust, conditional sale contract, 9
	253	+	encumbrance, lien, or other claim to real property that exists or is asserted; and manage or 10
	254	+	conserve an interest in real property or a right incident to real property owned or claimed 11
	255	+	to be owned by the principal, including: (1) insuring against liability or casualty or other 12
	256	+	loss; (2) obtaining or regaining possession of or protecting the interest or right by litigation 13
	257	+	or otherwise; (3) paying, assessing, compromising, or contesting taxes or assessments or 14
	258	+	applying for and receiving refunds in connection with them; and (4) purchasing supplies, 15
	259	+	hiring assistance or labor, and making repairs or alterations to the real property. 16
359	260
360		-	Retirement plans (including a plan or account created by an employer, the principal, or
361		-	another individual to provide retirement benefits or deferred compensation of which the
362		-	principal is a participant, beneficiary, or owner, including a plan or account under the
363		-	following sections of the Internal Revenue Code: (1) an individual retirement account under
364		-	Internal Revenue Code Section 408, 26 U.S.C. § 408; (2) a Roth individual retirement
365		-	account under Internal Revenue Code Section 408A, 26 U.S.C. § 408A; (3) a deemed
366		-	individual retirement account under Internal Revenue Code Section 408(q), 26 U.S.C. §
367		-	408(q); (4) an annuity or mutual fund custodial account under Internal Revenue Code
368		-	Section 403(b), 26 U.S.C. § 403(b); (5) a pension, profit–sharing, stock bonus, or other
369		-	retirement plan qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a);
370		-	(6) a plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b); and (7) a
371		-	nonqualified deferred compensation plan under Internal Revenue Code Section 409A, 26
372		-	U.S.C. § 409A) – With respect to this subject, I authorize my agent to: select the form and
373		-	timing of payments under a retirement plan and withdraw benefits from a plan; make a
374		-	rollover, including a direct trustee–to–trustee rollover, of benefits from one retirement plan
375		-	to another; establish a retirement plan in the principal’s name; make contributions to a
376		-	retirement plan; exercise investment powers available under a retirement plan; borrow
377		-	from, sell assets to, or purchase assets from a retirement plan. I recognize that granting
378		-	my agent the authority to create or change a beneficiary designation for a retirement plan
379		-	may affect the benefits that I may receive if that authority is exercised. If I grant my agent
380		-	the authority to designate the agent, the agent’s spouse, or a dependent of the agent as a WES MOORE, Governor Ch. 696
	261	+	TANGIBLE PERSONAL PRO PERTY, INCLUDING MOTOR VEHI CLES, BOATS, PLANES, 17
	262	+	AND OTHER TITLED AND UNTITLED TANGIBLE PE RSONAL PROPERTY – WITH 18
	263	+	RESPECT TO THIS SUBJ ECT, I AUTHORIZE MY AGENT T O: DEMAND, BUY, RECEIVE, 19
	264	+	ACCEPT AS A GIFT OR AS SECURITY FOR AN E XTENSION OF CREDIT, OR OTHERWISE 20
	265	+	ACQUIRE OR REJECT OW NERSHIP OR POSSESSIO N OF TANGIBLE PERSON AL 21
	266	+	PROPERTY OR AN INTER EST IN TANGIBLE PERS ONAL PROPERTY ; SELL, EXCHANGE, 22
	267	+	CONVEY WITH OR WITHO UT COVENANTS , REPRESENTATIONS , OR WARRANTIES , 23
	268	+	QUITCLAIM, RELEASE, SURRENDER , CREATE A SECURITY INTER EST IN, GRANT 24
	269	+	OPTIONS CONCERNING , LEASE, SUBLEASE, OR OTHERWISE DISPOSE OF TANGIBLE 25
	270	+	PERSONAL PROPERTY OR AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; GRANT 26
	271	+	A SECURITY INTEREST IN TANGIBLE PERSONAL PROPERTY OR AN INTER EST IN 27
	272	+	TANGIBLE PERSO NAL PROPERTY AS SECU RITY TO BORROW MONEY OR PAY, RENEW, 28
	273	+	OR EXTEND THE TIME O F PAYMENT OF A DEBT OF THE PRINCIPAL OR A DEBT 29
	274	+	GUARANTEED BY THE PR INCIPAL; RELEASE, ASSIGN, SATISFY, OR ENFORCE BY 30
	275	+	LITIGATION OR OTHERW ISE, A SECURITY INTEREST , LIEN, OR OTHER CLA IM ON 31
	276	+	BEHALF OF THE PRINCI PAL, WITH RESPECT TO TANG IBLE PERSONAL PROPER TY OR 32
	277	+	AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; MANAGE OR CONSERVE 33
	278	+	TANGIBLE PERSONAL PR OPERTY OR AN INTERES T IN TANGIBLE PERSON AL 34
	279	+	PROPERTY ON BEHALF O F THE PRINCIPAL , INCLUDING: (1) INSURING AGAINST 35
	280	+	LIABILITY OR CASUALT Y OR OTHER LOSS ; (2) OBTAINING OR REGAINI NG 36
	281	+	POSSESSION OF OR PRO TECTING THE PROPERTY OR INTEREST, BY LITIGATION OR 37
	282	+	OTHERWISE; (3) PAYING, ASSESSING, COMPROMISING , OR CONTESTING TAXES OR 38
	283	+	ASSESSMENTS OR APPLY ING FOR AND REC EIVING REFUNDS IN CO NNECTION WITH 39
	284	+	TAXES OR ASSESSMENTS ; (4) MOVING THE PROPERTY FROM PLACE TO PLACE ; (5) 40
	285	+	STORING THE PROPERTY FOR HIRE OR ON A GRA TUITOUS BAILMENT ; AND (6) USING 41 HOUSE BILL 18 7
381	286
382		-	– 9 –
383		-	beneficiary of a retirement plan, the grant may constitute a taxable gift by me and may
384		-	make the property subject to that authority taxable as a part of the agent’s estate.
385		-	Therefore, if I wish to authorize my agent to create or change a beneficiary designation for
386		-	any retirement plan, and in particular if I wish to authorize the agent to designate as my
387		-	beneficiary the agent, the agent’s spouse, or a dependent of the agent, I will explicitly state
388		-	this authority in the Special Instructions section that follows or in a separate power of
389		-	attorney.
390	287
391		-	Taxes – With respect to this subject, I authorize my agent to: prepare, sign, and file federal,
392		-	state, local, and foreign income, gift, payroll, property, federal insurance contributions act,
393		-	and other tax returns, claims for refunds, requests for extension of time, petitions regarding
394		-	tax matters, and other tax–related documents, including receipts, offers, waivers, consents,
395		-	including consents and agreements under Internal Revenue Code Section [2032(A)]
396		-	2032A, 26 U.S.C. [§ 2032(A)] § 2032A, closing agreements, and other powers of attorney
397		-	required by the Internal Revenue Service or other taxing authority with respect to a tax
398		-	year on which the statute of limitations has not run and the following 25 tax years; pay
399		-	taxes due, collect refunds, post bonds, receive confidential information, and contest
400		-	deficiencies determined by the Internal Revenue Service or other taxing authority; exercise
401		-	elections available to the principal under federal, state, local, or foreign tax law; and act for
402		-	the principal in all tax matters for all periods before the Internal Revenue Service, or other
403		-	taxing authority.
	288	+	AND MAKING REPAIRS , ALTERATIONS , OR IMPROVEMENTS TO T HE PROPERTY ; AND 1
	289	+	CHANGE THE FORM OF TITLE OF AN INTEREST IN TANGI BLE PERSONAL PROPERT Y. 2
404	290
405		-	Digital assets – With respect to this subject, in accordance with the Maryland Fiduciary
406		-	Access to Digital Assets Act, my agent shall have authority over and the right to access: (1)
407		-	the content of any of my electronic communications; (2) any catalogue of electronic
408		-	communications sent or received by me; and (3) any other digital asset in which I have a
409		-	right or interest.
	291	+	Stocks and bonds – With respect to this subject, I authorize my agent to: buy, sell, and 3
	292	+	exchange stocks and bonds; establish, continue, modify, or terminate an account with 4
	293	+	respect to stocks and bonds; pledge stocks and bonds as security to borrow, pay, renew, or 5
	294	+	extend the time of payment of a debt of the principal; receive certificates and other 6
	295	+	evidences of ownership with respect to stocks and bonds; exercise voting rights with respect 7
	296	+	to stocks and bonds in person or by proxy, enter into voting trusts, and consent to 8
	297	+	limitations on the right to vote. 9
410	298
411		-	TRUST AND ESTATE MATT ERS – WITH RESPECT TO THIS SUBJECT :
	299	+	Banks and other financial institutions – With respect to this subject, I authorize my agent 10
	300	+	to: continue, modify, transact all business in connection with, and terminate an account or 11
	301	+	other banking arrangement made by or on behalf of the principal; establish, modify, 12
	302	+	transact all business in connection with, and terminate an account or other banking 13
	303	+	arrangement with a bank, trust company, savings and loan association, credit union, thrift 14
	304	+	company, brokerage firm, or other financial institution selected by the agent; contract for 15
	305	+	services available from a financial institution, including renting a safe deposit box or space 16
	306	+	in a vault; deposit by check, money order, electronic funds transfer, or otherwise with, or 17
	307	+	leave in the custody of, a financial institution money or property of the principal; withdraw, 18
	308	+	by check, money order, electronic funds transfer, or otherwise, money or property of the 19
	309	+	principal deposited with or left in the custody of a financial institution; receive statements 20
	310	+	of account, vouchers, notices, and similar documents from a financial institution and act 21
	311	+	with respect to them; enter a safe deposit box or vault and withdraw or add to the contents; 22
	312	+	borrow money and pledge as security personal property of the principal necessary to borrow 23
	313	+	money or pay, renew, or extend the time of payment of a debt of the principal or a debt 24
	314	+	guaranteed by the principal; make, assign, draw, endorse, discount, guarantee, and 25
	315	+	negotiate promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of 26
	316	+	the principal or payable to the principal or the principal’s order, transfer money, receive 27
	317	+	the cash or other proceeds of those transactions; and apply for, receive, and use credit cards 28
	318	+	and debit cards, electronic transaction authorizations, and traveler’s checks from a 29
	319	+	financial institution. 30
412	320
413		-	(1) MY AGENT MAY ACT FOR ME IN ALL MATTERS TH AT AFFECT A
414		-	TRUST, PROBATE ESTATE , ESCROW, CUSTODIANSHIP , OR OTHER FUND TO WHI CH I
415		-	AM NOW, CLAIM TO BE, OR LATER BECOME ENTI TLED AS A BENEFICIAR Y, TO A SHARE
416		-	OR PAYMENT , INCLUDING PETITIONS , OBJECTIONS, WAIVERS, CONSENTS,
417		-	RECEIPTS, SETTLEMENTS , AND OTHER RELATED AG REEMENTS;
	321	+	Insurance and annuities – With respect to this subject, I authorize my agent to: continue, 31
	322	+	pay the premium or make a contribution on, modify, exchange, rescind, release, or 32
	323	+	terminate a contract procured by or on behalf of the principal that insures or provides an 33
	324	+	annuity to either the principal or another person, whether or not the principal is a 34
	325	+	beneficiary under the contract; procure new, different, and additional contracts of 35
	326	+	insurance and annuities for the principal and select the amount, type of insurance or 36
	327	+	annuity, and mode of payment; pay the premium or make a contribution on, modify, 37
	328	+	exchange, rescind, release, or terminate a contract of insurance or annuity procured by the 38
	329	+	agent; apply for and receive a loan secured by a contract of insurance or annuity; surrender 39
	330	+	and receive the cash surrender value on a contract of insurance or annuity; exercise an 40
	331	+	election; exercise investment powers available under a contract of insurance or annuity; 41
	332	+	change the manner of paying premiums on a contract of insurance or annuity; change or 42
	333	+	convert the type of insurance or annuity with respect to which the principal has or claims 43
	334	+	to have authority described in this section; apply for and procure a benefit or assistance 44 8 HOUSE BILL 18
418	335
419		-	(2) TO THE EXTENT PERMITT ED IN THE TRUST AGRE EMENT, MY
420		-	AGENT MAY CONSENT TO THE AMENDMENT , REVOCATION , OR TERMINATION OF A
421		-	TRUST OF WHICH I AM A BENEFICIARY , OR TO THE TRANSFER OF THE ASSE TS OF THE
422		-	TRUST INTO ANOTHER T RUST FOR MY BENEFIT , AND TO ENTER INTO TR ANSACTIONS
423		-	WITH ANY TRUST CREAT ED BY ME, FOR ME, ON MY BEHALF, OR IN CONNECTION WIT H
424		-	GIFTS FROM ME TO OTH ERS AS PROVIDED IN T HE PARAGRAPH BELOW A UTHORIZING
425		-	GIFTS; AND TO PARTICIPATE IN EITHER JUDICIAL OR N ONJUDICIAL MODIFICAT ION
426		-	OF A TRUST AS PERMIT TED UNDER § 14.5–111 OF THE ESTATES AND TRUSTS
427		-	ARTICLE; AND Ch. 696 2023 LAWS OF MARYLAND
428	336
429		-	– 10 –
	337	+	under a statute or regulation to guarantee or pay premiums of a contract of insurance on 1
	338	+	the life of the principal; collect, sell, assign, hypothecate, borrow against, or pledge the 2
	339	+	interest of the principal in a contract of insurance or annuity; select the form and timing of 3
	340	+	the payment of proceeds from a contract of insurance or annuity; pay, from proceeds or 4
	341	+	otherwise, compromise or contest, and apply for refunds in connection with a tax or 5
	342	+	assessment levied by a taxing authority with respect to a contract of insurance or annuity 6
	343	+	or the proceeds or liability from the contract of insurance or annuity accruing by reason of 7
	344	+	the tax or assessment. 8
430	345
431		-	(3) MY AGENT MAY CREATE A ND TRANSFER PROPERTY TO AN
432		-	INTERVIVOS REVOCABLE OR IRREVOCABLE TRUST FOR MY SOLE B ENEFIT THAT ON
433		-	MY DEATH DISTRIBUTES THE PROPERTY IN A MA NNER CONSISTENT WITH MY
434		-	EXISTING ESTATE PLAN , IF ANY, AND IN ACCORDANCE WI TH MARYLAND LAW .
	346	+	Claims and litigation – With respect to this subject, I authorize my agent to: assert and 9
	347	+	maintain before a court or administrative agency a claim, claim for relief, cause of action, 10
	348	+	counterclaim, offset, recoupment, or defense, including an action to recover property or 11
	349	+	other thing of value, recover damages sustained by the principal, eliminate or modify tax 12
	350	+	liability, or seek an injunction, specific performance, or other relief; act for the principal 13
	351	+	with respect to bankruptcy or insolvency, whether voluntary or involuntary, concerning the 14
	352	+	principal or some other person, or with respect to a reorganization, receivership, or 15
	353	+	application for the appointment of a receiver or trustee that affects an interest of the 16
	354	+	principal in property or other thing of value; pay a judgment, award, or order against the 17
	355	+	principal or a settlement made in connection with a claim or litigation; and receive money 18
	356	+	or other thing of value paid in settlement of or as proceeds of a claim or litigation. 19
435	357
436		-	GRANT OF SPECIFIC AUTHORITY (OPTIONAL)
	358	+	Benefits from governmental programs or civil or military service (including any benefit, 20
	359	+	program, or assistance provided under a statute or regulation including Social Security, 21
	360	+	Medicare, and Medicaid) – With respect to this subject, I authorize my agent to: execute 22
	361	+	vouchers in the name of the principal for allowances and reimbursements payable by the 23
	362	+	United States or a foreign government or by a state or subdivision of a state to the principal; 24
	363	+	PERFORM THE ACTS NEC ESSARY TO ENABLE THE PRINCIPAL TO QUALIFY FOR A 25
	364	+	GOVERNMENTAL BENEFIT OR PROGRA M, INCLUDING OBTAINING PERSONAL AND 26
	365	+	FINANCIAL RECORDS AND, TO THE EXTENT AUTHOR IZED IN THE SPECIAL 27
	366	+	INSTRUCTIONS BELOW, TO TRANSFER OR GIFT THE PRINCIPAL ’S PROPERTY; enroll 28
	367	+	in, apply for, select, reject, change, amend, or discontinue, on the principal’s behalf, a 29
	368	+	GOVERNMENTAL benefit or program; prepare, file, and maintain a claim of the principal 30
	369	+	for a benefit or assistance, financial or otherwise, to which the principal may be entitled 31
	370	+	under a statute or regulation; initiate, participate in, submit to alternative dispute 32
	371	+	resolution, settle, oppose, or propose or accept a compromise with respect to litigation 33
	372	+	concerning a benefit or assistance the principal may be entitled to receive under a statute 34
	373	+	or regulation; and receive the financial proceeds of a claim described above and conserve, 35
	374	+	invest, disburse, or use for a lawful purpose anything so received. 36
437	375
438		-	(CAUTION: GRANTING ANY OF THE F OLLOWING WILL GIVE Y OUR AGENT THE
439		-	AUTHORITY TO TAKE ACTIO NS THAT COULD SIGNIF ICANTLY REDUCE YOUR
440		-	PROPERTY OR CHANGE H OW YOUR PROPERTY IS DISTRIBUTED AT YOUR DEATH.)
	376	+	Retirement plans (including a plan or account created by an employer, the principal, or 37
	377	+	another individual to provide retirement benefits or deferred compensation of which the 38
	378	+	principal is a participant, beneficiary, or owner, including a plan or account under the 39
	379	+	following sections of the Internal Revenue Code: (1) an individual retirement account under 40
	380	+	Internal Revenue Code Section 408, 26 U.S.C. § 408; (2) a Roth individual retirement 41
	381	+	account under Internal Revenue Code Section 408A, 26 U.S.C. § 408A; (3) a deemed 42
	382	+	individual retirement account under Internal Revenue Code Section 408(q), 26 U.S.C. § 43
	383	+	408(q); (4) an annuity or mutual fund custodial account under Internal Revenue Code 44 HOUSE BILL 18 9
441	384
442		-	A. GIFTS OR TRANSFERS – ONLY IF I HAVE INITIALED BELOW, MY
443		-	AGENT MAY MAKE GIFTS OR TRANSFER OWNERSHI P OF MY ASSETS OUTRI GHT OR IN
444		-	TRUST TO OR FOR THE BENEFIT OF ONE OR MO RE OF THE FOLLOWING PERSONS AND
445		-	ONLY IN THE AMOUNTS SPECIFICALLY AUTHORI ZED IN THE NEXT SECT ION:
446	385
447		-	(___) MY AGENT, SUBJECT TO THE FOLLO WING CONDITIONS , IF ANY:
448		-	_________________________________________________________
449		-	_________________________________________________________
	386	+	Section 403(b), 26 U.S.C. § 403(b); (5) a pension, profit–sharing, stock bonus, or other 1
	387	+	retirement plan qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a); 2
	388	+	(6) a plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b); and (7) a 3
	389	+	nonqualified deferred compensation plan under Internal Revenue Code Section 409A, 26 4
	390	+	U.S.C. § 409A) – With respect to this subject, I authorize my agent to: select the form and 5
	391	+	timing of payments under a retirement plan and withdraw benefits from a plan; make a 6
	392	+	rollover, including a direct trustee–to–trustee rollover, of benefits from one retirement plan 7
	393	+	to another; establish a retirement plan in the principal’s name; make contributions to a 8
	394	+	retirement plan; exercise investment powers available under a retirement plan; borrow 9
	395	+	from, sell assets to, or purchase assets from a retirement plan. I recognize that granting 10
	396	+	my agent the authority to create or change a beneficiary designation for a retirement plan 11
	397	+	may affect the benefits that I may receive if that authority is exercised. If I grant my agent 12
	398	+	the authority to designate the agent, the agent’s spouse, or a dependent of the agent as a 13
	399	+	beneficiary of a retirement plan, the grant may constitute a taxable gift by me and may 14
	400	+	make the property subject to that authority taxable as a part of the agent’s estate. 15
	401	+	Therefore, if I wish to authorize my agent to create or change a beneficiary designation for 16
	402	+	any retirement plan, and in particular if I wish to authorize the agent to designate as my 17
	403	+	beneficiary the agent, the agent’s spouse, or a dependent of the agent, I will explicitly state 18
	404	+	this authority in the Special Instructions section that follows or in a separate power of 19
	405	+	attorney. 20
450	406
451		-	(___) MY SPOUSE
	407	+	Taxes – With respect to this subject, I authorize my agent to: prepare, sign, and file federal, 21
	408	+	state, local, and foreign income, gift, payroll, property, federal insurance contributions act, 22
	409	+	and other tax returns, claims for refunds, requests for extension of time, petitions regarding 23
	410	+	tax matters, and other tax–related documents, including receipts, offers, waivers, consents, 24
	411	+	including consents and agreements under Internal Revenue Code Section [2032(A)] 25
	412	+	2032A, 26 U.S.C. [§ 2032(A)] § 2032A, closing agreements, and other powers of attorney 26
	413	+	required by the Internal Revenue Service or other taxing authority with respect to a tax 27
	414	+	year on which the statute of limitations has not run and the following 25 tax years; pay 28
	415	+	taxes due, collect refunds, post bonds, receive confidential information, and contest 29
	416	+	deficiencies determined by the Internal Revenue Service or other taxing authority; exercise 30
	417	+	elections available to the principal under federal, state, local, or foreign tax law; and act for 31
	418	+	the principal in all tax matters for all periods before the Internal Revenue Service, or other 32
	419	+	taxing authority. 33
452	420
453		-	(___) MY PARENTS
	421	+	Digital assets – With respect to this subject, in accordance with the Maryland Fiduciary 34
	422	+	Access to Digital Assets Act, my agent shall have authority over and the right to access: (1) 35
	423	+	the content of any of my electronic communications; (2) any catalogue of electronic 36
	424	+	communications sent or received by me; and (3) any other digital asset in which I have a 37
	425	+	right or interest. 38
454	426
455		-	~~(___) MY GRANDPARENTS~~
	427	+	TRUST AND ESTATE MATT ERS – WITH RESPECT TO THIS SUBJECT: 39
456	428
457		-	(___) MY CHILDREN AND THEIR DESCENDANTS
	429	+	(1) MY AGENT MAY ACT FOR ME IN ALL MATTERS THAT AFFE CT A 40
	430	+	TRUST, PROBATE ESTATE , ESCROW, CUSTODIANSHIP , OR OTHER FUND TO WHI CH I 41
	431	+	AM NOW, CLAIM TO BE, OR LATER BECOME ENTI TLED AS A BENEFICIAR Y, TO A SHARE 42 10 HOUSE BILL 18
458	432
459		-	(___) A NONPROFIT OR CHARITA BLE ORGANIZATION IN A MANNER
460		-	CONSISTENT WITH MY PREVIOUS GIV ING HISTORY
461	433
462		-	(___) THE PEOPLE AND CHARIT ABLE ORGANIZATIONS , IF ANY, NAMED
463		-	IN MY ESTATE PLAN AN D IN ACCORDANCE WITH THE TERMS OF MY ESTA TE PLAN
464		-	THAT ARE IN EXISTENC E AT THE TIME THE GI FT IS MADE
	434	+	OR PAYMENT , INCLUDING PETITIONS , OBJECTIONS, WAIVERS, CONSENTS, 1
	435	+	RECEIPTS, SETTLEMENTS , AND OTHER RELATED AG REEMENTS; 2
465	436
466		-	(___) MY INTESTATE HEIRS WH O WOULD RECEIVE MY ESTATE UN DER
467		-	MARYLAND LAW IF I DIED A RESIDENT OF MARYLAND WITHOUT A WI LL
	437	+	(2) TO THE EXTENT PERMITT ED IN THE TRUST AGRE EMENT, MY 3
	438	+	AGENT MAY CONSENT TO THE AMENDMENT , REVOCATION , OR TERMINATION OF A 4
	439	+	TRUST OF WHICH I AM A BENEFICIARY , OR TO THE TRANSFER O F THE ASSETS OF THE 5
	440	+	TRUST INTO ANOTHER T RUST FOR MY BENEFIT , AND TO ENTER INTO TR ANSACTIONS 6
	441	+	WITH ANY TRUST CREAT ED BY ME, FOR ME, ON MY BEHALF, OR IN CONNECTION WIT H 7
	442	+	GIFTS FROM ME TO OTH ERS AS PROVIDED IN T HE PARAGRAPH BELOW A UTHORIZING 8
	443	+	GIFTS; AND TO PARTICIPATE I N EITHER JUDICIAL OR NONJUDICIAL M ODIFICATION 9
	444	+	OF A TRUST AS PERMIT TED UNDER § 14.5–111 OF THE ESTATES AND TRUSTS 10
	445	+	ARTICLE; AND 11
468	446
469		-	(~~___~~) ~~ONE OR MORE OF THE FO~~ ~~LLOWING PERSONS :~~
470		-	~~_________________________________________________________~~
471		-	~~_________________________________________________________~~
472		-	~~WES MOORE~~, ~~Governor~~ Ch. ~~696~~
	447	+	(3) MY AGENT MAY CREATE A ND TRANSFER PROPERTY TO AN 12
	448	+	INTERVIVOS REVOCABLE OR IRREVOCABLE TRUST FOR MY SOLE BENEFIT THAT ON 13
	449	+	MY DEATH DISTRIBUTES THE PROPERTY IN A MANNER CONSISTENT WI TH MY 14
	450	+	EXISTING ESTATE PLAN , IF ANY, AND IN ACCORDANCE WI TH MARYLAND LAW . 15
473	451
474		-	– 11 –
475		-	MY AGENT IS AUTHORIZE D TO MAKE GIFTS UNDE R THIS SECTION IN TH E
476		-	FOLLOWING AMOUNTS ONLY IF I HAVE INITIALED BELOW:
	452	+	GRANT OF SPECIFIC AUTHORITY (OPTIONAL) 16
477	453
478		-	~~(___) IN AN AMOUNT NOT TO E XCEED $_____ PER PERSON EACH~~
479		-	~~CALENDAR YEAR~~ TO ~~THE PERSONS,~~ ~~NONPROFITS, OR CHARITABLE ORGANI ZATIONS~~
480		-	~~THAT I HAVE SPECIFIED IN THE SEC TION ABOVE;~~
	454	+	(CAUTION: GRANTING ANY OF THE F OLLOWING WILL GIVE Y OUR AGENT THE 17
	455	+	AUTHORITY TO TAKE AC TIONS THAT COULD SIG NIFICANTLY REDUCE YOUR 18
	456	+	PROPERTY OR CHANGE H OW YOUR PROPERTY IS DISTRIBUTED AT YOUR DEATH.) 19
481	457
482		-	(___) IN AN AMOUNT FOR EACH PERSON I HAVE SPECIFIED IN TH E
483		-	SECTION ABOVE NOT TO EXCEED THE ANNUAL DO LLAR LIMITS OF THE F EDERAL
484		-	GIFT TAX EXCLUSION U NDER § 2503(B) OF THE INTERNAL REVENUE CODE, OR IF
485		-	MY SPOUSE AGREES TO CONSENT TO A SPLIT G IFT, IN AN AMOUNT NOT TO EXCEED
486		-	THE AGGREGATE ANNUAL GIFT TAX EXCLUSION F OR BOTH SPOUSES ;
	458	+	A. GIFTS OR TRANSFERS – ONLY IF I HAVE INITIALED BELOW, MY 20
	459	+	AGENT MAY MAKE GIFTS OR TRANSFER OWNERSHI P OF MY ASSETS OUTRI GHT OR IN 21
	460	+	TRUST TO OR FOR THE BENEFIT OF ONE OR MO RE OF THE FOLLOWING PERS ONS AND 22
	461	+	ONLY IN THE AMOUNTS SPECIFICALLY AUTHORI ZED IN THE NEXT SECT ION: 23
487	462
488		-	(___) IN AN UNLIMITED AMOUN T, FOR THE PURPOSE OF E STATE
489		-	PLANNING OR QUALIFYI NG ME FOR A GOVERNME NTAL BENEFIT OR PROG RAM, WITH
490		-	SUCH GIFTS TO BE MAD E IN A MANNER CONSIS TENT WITH MY EXISTIN G ESTATE
491		-	PLAN, IF ANY, AND IN ACCORDANCE WI TH STATE LAW.
	463	+	(___) MY AGENT, SUBJECT TO THE FOLLO WING CONDITIONS , IF ANY: 24
	464	+	_________________________________________________________ 25
	465	+	_________________________________________________________ 26
492	466
493		-	SPECIAL INSTRUCTIONS FOR GIFTING DESIRES – YOU MAY GIVE SPECIAL
494		-	INSTRUCTIONS FOR GIF TING DESIRES ON THE FOLLOWING LINES :
495		-	__________________________________________________________________________
496		-	__________________________________________________________________________
497		-	__________________________________________________________________________
	467	+	(___) MY SPOUSE 27
498	468
499		-	B. JOINT ACCOUNTS AND BE NEFICIARY DESIGNATIO NS – I AUTHORIZE MY
500		-	AGENT TO DO ONE OR M ORE OF THE FOLLOWI NG ONLY IF I HAVE INITIALED
501		-	BELOW:
	469	+	(___) MY PARENTS 28
502	470
503		-	(____) OPEN A JOINT ACCOUNT WITH ME AND ONE OR M ORE OTHER
504		-	PERSONS AS ACCOUNT O WNERS. EACH OWNER OF A JOINT ACCOUNT HAS FULL
505		-	LEGAL AUTHORITY TO U SE THE ACCOUNT FOR T HEIR OWN BENEFIT AND ON MY
506		-	DEATH WILL BECOME TH E PROPERTY OF THE OTHER OW NER(S).
	471	+	(___) MY GRANDPARENTS 29
507	472
508		-	(____) CREATE OR CHANGE RIGH TS OF SURVIVORSHIP I N ACCOUNTS OR
509		-	OTHER ASSETS IN WHIC H I HAVE AN INTEREST , INCLUDING FOR THE BE NEFIT OF MY
510		-	AGENT, TO CHANGE A BENEFICI ARY DESIGNATION FOR ANY ACCOUNTS OR
511		-	FINANCIAL INSTRUMENT S, INCLUDING LIFE INSURAN CE POLICIES, ANNUITIES, OR
512		-	RETIREMENT ACCOUNTS OF ANY NATURE ; AND TO WAIVE MY RIGH T TO BE A
513		-	BENEFICIARY OF A JOI NT AND SURVIVOR ANNU ITY, INCLUDING A SURVIVOR
514		-	BENEFIT UNDER A RETI REMENT PLAN OF ANY N ATURE. IN DETERMINING SUCH
515		-	RIGHTS OR B ENEFICIARY INTERESTS , MY AGENT SHALL CONSI DER TAXES ,
516		-	PRESERVATION OF GOVE RNMENTAL BENEFITS OR PROGRAMS, OR STATED
517		-	INTENTIONS REGARDING MY ESTATE.
518		-	Ch. 696 2023 LAWS OF MARYLAND
	473	+	(___) MY CHILDREN AND THEIR DESCENDANTS 30
519	474
520		-	– 12 –
521		-	DISCLAIMERS
	475	+	(___) A NONPROFIT OR CHARITA BLE ORGANIZATION IN A MANNER 31
	476	+	CONSISTENT WITH MY P REVIOUS GIVING HISTO RY 32
	477	+	HOUSE BILL 18 11
522	478
523		-	FOR THE PURPOSES OF T AX PLANNING OR EFFEC TUATING STATED INTEN TIONS
524		-	REGARDING MY ESTATE , I AUTHORIZE MY AGENT T O DISCLAIM ANY INTER EST IN
525		-	PROPERTY I MIGHT OTHERWISE RECE IVE, EITHER OUTRIGHT OR I N TRUST,
526		-	INCLUDING FOR THE BE NEFIT OF MY AGENT ; ANY POWERS I HAVE OVER PROPERTY
527		-	OR AS A BENEFICIARY OF ANY TRUSTS (EXCLUDING ANY POWERS I POSSESS IN A
528		-	FIDUCIARY CAPACITY ); AND ANY POWERS OF AP POINTMENT I HAVE OR MAY
529		-	ACQUIRE EXCLUDING AN Y TESTAMENTARY POWER OF APPOINTMENT THAT I
530		-	CURRENTLY EXERCISE I N MY LAST WILL AND T ESTAMENT.
531	479
532		-	SPECIAL INSTRUCTIONS (OPTIONAL)
	480	+	(___) THE PEOPLE AND CHARITABL E ORGANIZATIONS , IF ANY, NAMED 1
	481	+	IN MY ESTATE PLAN AN D IN ACCORDANCE WITH THE TERMS OF MY ESTA TE PLAN 2
	482	+	THAT ARE IN EXISTENC E AT THE TIME THE GI FT IS MADE 3
533	483
534		-	YOU MAY GIVE SPECIAL INSTRUCTIONS ON THE FOLL OWING LINES:
	484	+	(___) MY INTESTATE HEIRS WH O WOULD RECEIVE MY E STATE UNDER 4
	485	+	MARYLAND LAW IF I DIED A RESIDENT OF MARYLAND WITHOUT A WI LL 5
535	486
536		-	___________________________________________________________________________________
537		-	___________________________________________________________________________________
538		-	___________________________________________________________________________________
539		-	___________________________________________________________________________________
540		-	___________________________________________________________________________________
541		-	___________________________________________________________________________________
542		-	___________________________________________________________________________________
543		-	___________________________________________
	487	+	(___) ONE OR MORE OF THE FO LLOWING PERSONS : 6
	488	+	_________________________________________________________ 7
	489	+	_________________________________________________________ 8
544	490
545		-	EFFECTIVE DATE
	491	+	MY AGENT IS AUTHORIZE D TO MAKE GIFTS UNDE R THIS SECTION IN THE 9
	492	+	FOLLOWING AMOUNTS ONLY IF I HAVE INITIALED BELOW: 10
546	493
547		-	This power of attorney is effective immediately unless I have stated otherwise in the Special
548		-	Instructions.
	494	+	(___) IN AN AMOUNT NOT TO E XCEED $_____ PER PERSON EACH 11
	495	+	CALENDAR YEAR TO THE PERSONS, NONPROFITS, OR CHARITABLE ORGANI ZATIONS 12
	496	+	THAT I HAVE SPECIFIED IN TH E SECTION ABOVE ; 13
549	497
550		-	TERMINATION DATE (OPTIONAL)
	498	+	(___) IN AN AMOUNT FOR EACH PERSON I HAVE SPECIFIED IN TH E 14
	499	+	SECTION ABOVE NOT TO EXCEED THE ANNUAL DO LLAR LIMITS OF THE F EDERAL 15
	500	+	GIFT TAX EXCLUSION U NDER § 2503(B) OF THE INTERNAL REVENUE CODE, OR IF 16
	501	+	MY SPOUSE AGREES TO CONSENT TO A SPLIT G IFT, IN AN AMOUNT NOT TO EXCEED 17
	502	+	THE AGGREGATE ANNUAL GIFT TAX EXCLUSION F OR BOTH SPOUSES ; 18
551	503
552		-	ONLY IF I HAVE SPECIFIED A TER MINATION DATE BELOW , THIS POWER OF
553		-	ATTORNEY IS DURABLE, MEANING IT SHALL CON TINUE IN FULL FORCE AND
554		-	EFFECT FOR AN INDEFI NITE PERIOD OF TIME UNTIL MY REVOCATION OF THIS
555		-	POWER OF ATTORNEY OR MY DEATH, WHICHEVER OCCURS FIR ST. I RESERVE THE
556		-	RIGHT TO REVOKE THIS POWER OF ATTORNEY . THIS POWER OF ATTORNE Y SHALL
557		-	NOT TERMINATE UPON M Y DISABILITY. ALL AUTHORITY OF MY A GENT(S) SHALL
558		-	CONTINUE EVEN IF I BECOME DISABLED , INCOMPETENT , OR INCAPACITATED .
	504	+	(___) IN AN UNLIMITED AMOUN T, FOR THE PURPOSE OF E STATE 19
	505	+	PLANNING OR QUALIFYI NG ME FOR A GOVERNME NTAL BENEFIT OR PROG RAM, WITH 20
	506	+	SUCH GIFTS TO BE MAD E IN A MANNER CONSIS TENT WITH MY EXISTIN G ESTATE 21
	507	+	PLAN, IF ANY, AND IN ACCORDANCE WI TH STATE LAW. 22
559	508
560		-	This power of attorney shall terminate on ______________________________, 20____.
561		-	(Use a specific calendar date)
	509	+	SPECIAL INSTRUCTIONS FOR GIFTING DESIRES – YOU MAY GIVE SPECIAL 23
	510	+	INSTRUCTIONS FOR GIF TING DESIRES ON THE FOLLOWING LINES : 24
	511	+	__________________________________________________________________________25
	512	+	__________________________________________________________________________26
	513	+	__________________________________________________________________________ 27
562	514
563		-	COPIES
564		-	WES MOORE, Governor Ch. 696
	515	+	B. JOINT ACCOUNTS AND BE NEFICIARY DESIGNATIO NS – I AUTHORIZE MY 28
	516	+	AGENT TO DO ONE OR M ORE OF THE FOLLOWI NG ONLY IF I HAVE INITIALED 29
	517	+	BELOW: 30
565	518
566		-	– 13 –
567		-	A COPY OF THIS DOCUMEN T SHALL HAVE THE SAM E FORCE AND EFFECT A S THE
568		-	ORIGINAL UNLESS PROV IDED OTHERWISE IN SP ECIAL INSTRUCTIONS .
	519	+	(____) OPEN A JOINT ACCOUNT WITH ME AND ONE OR M ORE OTHER 31
	520	+	PERSONS AS ACCOUNT O WNERS. EACH OWNER OF A JOINT ACCOUNT HAS FULL 32
	521	+	LEGAL AUTHORITY TO U SE THE ACCOUNT FOR T HEIR OWN BENEFIT AND ON MY 33
	522	+	DEATH WILL BECOME TH E PROPERTY OF THE OT HER OWNER(S). 34
	523	+	12 HOUSE BILL 18
569	524
570		-	REVOCATION
571	525
572		-	I HEREBY REVOKE ALL OT HER POWERS OF ATTORN EY THAT I HAVE PREVIOUSLY
573		-	EXECUTED. THIS SECTION DOES NOT APPLY TO POWERS OF A TTORNEY EXECUTED
574		-	ON THE SAME DATE AS THIS POWER OF ATTORN EY OR TO LIMITED POW ERS OF
575		-	ATTORNEY THAT APPLY TO SPECIFIC ACCOUNTS OR TO SPECIFIC PROPERTY .
	526	+	(____) CREATE OR CHANGE RIGHTS OF SURVIVORSHIP IN ACCO UNTS OR 1
	527	+	OTHER ASSETS IN WHIC H I HAVE AN INTEREST , INCLUDING FOR THE BE NEFIT OF MY 2
	528	+	AGENT, TO CHANGE A BENEFICI ARY DESIGNATION FOR ANY ACCOUNTS OR 3
	529	+	FINANCIAL INSTRUMENT S, INCLUDING LIFE INSUR ANCE POLICIES, ANNUITIES, OR 4
	530	+	RETIREMENT ACCOUNTS OF ANY NATURE ; AND TO WAIVE MY RIGH T TO BE A 5
	531	+	BENEFICIARY OF A JOI NT AND SURVIVOR ANNU ITY, INCLUDING A SURVIVOR 6
	532	+	BENEFIT UNDER A RETI REMENT PLAN OF ANY N ATURE. IN DETERMINING SUCH 7
	533	+	RIGHTS OR BENEFICIAR Y INTERESTS , MY AGENT SHALL CONSI DER TAXES, 8
	534	+	PRESERVATION OF GOVE RNMENTAL BENEFITS OR PROGRAMS, OR STATED 9
	535	+	INTENTIONS REGARDING MY ESTATE. 10
576	536
577		-	~~RELIANCE BY THIRD PARTIES~~
	537	+	DISCLAIMERS 11
578	538
579		-	ANYONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE ENTITLED
580		-	TO PRESUME CONCLUSIV ELY THAT IT IS IN FULL FORCE AND EFFECT UNLESS I HAVE
581		-	GIVEN WRITTEN NOTICE TO THAT PERSON OR EN TITY THAT THIS POWER HAS BEEN
582		-	REVOKED. NO ONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE
583		-	REQUIRED TO SEE TO T HE APPLICATION AND D ISPOSITION OF ANY FU NDS OR OTHER
584		-	PROPERTY PAID TO OR DELIVERED TO MY AGEN T OR ANY PERSONS APP OINTED BY
585		-	MY AGENT. I AUTHORIZE MY AGENT T O SEEK DAMAGES AGAINST ANYONE WHO
586		-	REFUSED TO HONOR THI S POWER OF ATTORNEY WITHOUT HAVING RECEI VED
587		-	NOTICE THAT IT HAS B EEN REVOKED .
	539	+	FOR THE PURPOSES OF T AX PLANNING OR EFFEC TUATING STATED INTEN TIONS 12
	540	+	REGARDING MY ESTATE , I AUTHORIZE MY AGENT T O DISCLAIM ANY INTER EST IN 13
	541	+	PROPERTY I MIGHT OTHERWISE RECE IVE, EITHER OUTRIGHT OR I N TRUST, 14
	542	+	INCLUDING FOR THE BE NEFIT OF MY AGENT ; ANY POWERS I HAVE OVER PROPERTY 15
	543	+	OR AS A BENEFICIARY OF ANY TRUSTS (EXCLUDING ANY POWERS I POSSESS IN A 16
	544	+	FIDUCIARY CAPACITY ); AND ANY POWERS OF AP POINTMENT I HAVE OR MAY 17
	545	+	ACQUIRE EXCLUDING AN Y TESTAMENTARY POWER OF APPOINTMENT THAT I 18
	546	+	CURRENTLY EXERCISE I N MY LAST WILL AND T ESTAMENT. 19
588	547
589		-	~~NOMINATION OF GUARDIAN~~ (OPTIONAL)
	548	+	SPECIAL INSTRUCTIONS (OPTIONAL) 20
590	549
591		-	If it becomes necessary for a court to appoint a guardian of my property or guardian of my
592		-	person, I nominate the following person(s) for appointment:
	550	+	YOU MAY GIVE SPECIAL INSTRUCTIONS ON THE FOLLOWING LINES: 21
593	551
594		-	Name of nominee for guardian of my property: __________________________________
595		-	Nominee’s address: ___________________________________________________________
596		-	Nominee’s telephone number: _________________________________________________
597		-	Name of nominee for guardian of my person: ____________________________________
598		-	Nominee’s address: ___________________________________________________________
599		-	Nominee’s telephone number: _________________________________________________
	552	+	___________________________________________________________________________________ 22
	553	+	___________________________________________________________________________________ 23
	554	+	___________________________________________________________________________________ 24
	555	+	___________________________________________________________________________________ 25
	556	+	___________________________________________________________________________________ 26
	557	+	___________________________________________________________________________________ 27
	558	+	___________________________________________________________________________________ 28
	559	+	___________________________________________ 29
600	560
601		-	DESIGNATION OF AGENT TO MAKE ELECTION TO TAKE ELECTIVE SHARE
602		-	(OPTIONAL)
	561	+	EFFECTIVE DATE 30
603	562
604		-	If I am incapacitated within the meaning of § 17–101 of the Estates and Trusts Article, I
605		-	designate the following person as my agent for purposes of making the election to take an
606		-	elective share of an estate subject to election under § 3–403 of the Estates and Trusts
607		-	Article:
	563	+	This power of attorney is effective immediately unless I have stated otherwise in the Special 31
	564	+	Instructions. 32
608	565
609		-	Name of designated agent: _____________________________________________________
610		-	Designated agent’s address: ____________________________________________________
611		-	Designated agent’s telephone number: __________________________________________ Ch. 696 2023 LAWS OF MARYLAND
	566	+	TERMINATION DATE (OPTIONAL) 33
612	567
613		-	– 14 –
	568	+	ONLY IF I HAVE SPECIFIED A TER MINATION DATE BELOW , THIS POWER OF 34
	569	+	ATTORNEY IS DURABLE, MEANING IT SHALL CON TINUE IN FULL FORCE AND 35
	570	+	EFFECT FOR AN INDEFI NITE PERIOD OF TIME UNTIL MY REVOCATION OF THIS 36 HOUSE BILL 18 13
614	571
615		-	SIGNATURE AND ACKNOWLEDGMENT
616	572
617		-	________________________________________ __________________________
618		-	Your Signature Date
	573	+	POWER OF ATTORNEY OR MY DEATH, WHICHEVER OCCURS FIR ST. I RESERVE THE 1
	574	+	RIGHT TO REVOKE THIS POWER OF ATTORNEY . THIS POWER OF ATTORNE Y SHALL 2
	575	+	NOT TERMINATE UPON M Y DISABILITY. ALL AUTHORITY OF MY A GENT(S) SHALL 3
	576	+	CONTINUE EVEN IF I BECOME DISABLED , INCOMPETENT , OR INCAPACITATED . 4
619	577
620		-	__________________________________~~____________________________________________~~
621		-	~~Your Name Printed~~
	578	+	This power of attorney shall terminate on ______________________________, 20____. 5
	579	+	(Use a specific calendar date) 6
622	580
623		-	___________________________________________________________________________________
624		-	___________________________________________________________________________________
625		-	Your Address
	581	+	COPIES 7
626	582
627		-	~~______________________________________________________________________________~~
628		-	~~Your Telephone Number~~
	583	+	A COPY OF THIS DOCUMEN T SHALL HAVE THE SAM E FORCE AND EFFECT A S THE 8
	584	+	ORIGINAL UNLESS PROV IDED OTHERWISE IN SP ECIAL INSTRUCTIONS . 9
629	585
630		-	STATE OF MARYLAND
631		-	(COUNTY) OF _______________________________________________________________
	586	+	REVOCATION 10
632	587
633		-	This document was acknowledged before me on
	588	+	I HEREBY REVOKE ALL OT HER POWERS OF ATTORN EY THAT I HAVE PREVIOUSLY 11
	589	+	EXECUTED. THIS SECTION DOES NOT APPLY TO POWERS OF A TTORNEY EXECUTED 12
	590	+	ON THE SAME DATE AS THIS POWER OF ATTORN EY OR TO LIMITED POW ERS OF 13
	591	+	ATTORNEY THAT APPLY TO SPECIFIC ACCOUNTS OR TO SPECIFIC PROPERTY. 14
634	592
635		-	__________________________
636		-	(Date)
	593	+	RELIANCE BY THIRD PARTIES 15
637	594
638		-	By ______________________________________ to be his/her act.
639		-	(Name of Principal)
	595	+	ANYONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE ENTITLED 16
	596	+	TO PRESUME CONCLUSIV ELY THAT IT IS IN FULL FORCE AND EFFECT UNLESS I HAVE 17
	597	+	GIVEN WRITTEN NOTICE TO THAT PERSON OR EN TITY THAT THIS POWER HAS BEEN 18
	598	+	REVOKED. NO ONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE 19
	599	+	REQUIRED TO SEE TO T HE APPLICATION AND D ISPOSITION OF ANY FU NDS OR OTHER 20
	600	+	PROPERTY PAID TO OR DELIVERED TO MY AGEN T OR ANY PERSONS APP OINTED BY 21
	601	+	MY AGENT. I AUTHORIZE MY AGENT T O SEEK DAMAGES AGAINST ANYO NE WHO 22
	602	+	REFUSED TO HONOR THI S POWER OF ATTORNEY WITHOUT HAVING RECEI VED 23
	603	+	NOTICE THAT IT HAS B EEN REVOKED . 24
640	604
641		-	____________________________________________ (SEAL, IF ANY)
642		-	Signature of Notary
	605	+	NOMINATION OF GUARDIAN (OPTIONAL) 25
643	606
644		-	My commission expires: _____________________
	607	+	If it becomes necessary for a court to appoint a guardian of my property or guardian of my 26
	608	+	person, I nominate the following person(s) for appointment: 27
645	609
646		-	WITNESS ATTESTATION
	610	+	Name of nominee for guardian of my property: __________________________________ 28
	611	+	Nominee’s address: ___________________________________________________________ 29
	612	+	Nominee’s telephone number: _________________________________________________ 30
	613	+	Name of nominee for guardian of my person: ____________________________________ 31
	614	+	Nominee’s address: ___________________________________________________________ 32
	615	+	Nominee’s telephone number: _________________________________________________ 33
	616	+	14 HOUSE BILL 18
647	617
648		-	The foregoing power of attorney was, on the date written above, published and declared by
649	618
650		-	~~____________________________________________~~
651		-	(~~Name of Principal~~)
	619	+	DESIGNATION OF AGENT TO MAKE ELECTION TO TAKE ELECTIVE SHARE 1
	620	+	(OPTIONAL) 2
652	621
653		-	in our presence to be his/her power of attorney. We, in his/her presence and at his/her
654		-	request, and in the presence of each other, have attested to the same and have signed our
655		-	names as attesting witnesses.
	622	+	If I am incapacitated within the meaning of § 17–101 of the Estates and Trusts Article, I 3
	623	+	designate the following person as my agent for purposes of making the election to take an 4
	624	+	elective share of an estate subject to election under § 3–403 of the Estates and Trusts 5
	625	+	Article: 6
656	626
657		-	____________________________________________
658		-	~~Witness #1 Signature~~
659		-	____________________________________________ ~~WES MOORE, Governor Ch. 696~~
	627	+	Name of designated agent: _____________________________________________________ 7
	628	+	Designated agent’s address: ____________________________________________________ 8
	629	+	Designated agent’s telephone number: __________________________________________ 9
660	630
661		-	– 15 –
662		-	Witness #1 Name Printed
663		-	____________________________________________
664		-	____________________________________________
665		-	Witness #1 Address
666		-	____________________________________________
667		-	Witness #1 Telephone Number
	631	+	SIGNATURE AND ACKNOWLEDGMENT 10
668	632
669		-	____________________________________________
670		-	Witness #2 Signature
671		-	____________________________________________
672		-	Witness #2 Name Printed
673		-	____________________________________________
674		-	____________________________________________
675		-	Witness #2 Address
676		-	____________________________________________
677		-	Witness #2 Telephone Number”
	633	+	________________________________________ __________________________ 11
	634	+	Your Signature Date 12
678	635
679		-	17–203.
	636	+	______________________________________________________________________________ 13
	637	+	Your Name Printed 14
680	638
681		-	“MARYLAND STATUTORY FORM LIMITED POWER OF ATTORNEY
	639	+	___________________________________________________________________________________ 15
	640	+	___________________________________________________________________________________ 16
	641	+	Your Address 17
682	642
683		-	PLEASE READ CAREFULLY
	643	+	______________________________________________________________________________ 18
	644	+	Your Telephone Number 19
684	645
685		-	This power of attorney authorizes another person (your agent) to make decisions concerning
686		-	your property for you (the principal). You need not give to your agent all the authorities
687		-	listed below and may give the agent only those limited powers that you specifically indicate.
688		-	This power of attorney gives your agent the right to make limited decisions for you. You
689		-	should very carefully weigh your decision as to what powers you give your agent. Your
690		-	agent will be able to make decisions and act with respect to your property (including your
691		-	money) whether or not you are able to act for yourself.
	646	+	STATE OF MARYLAND 20
	647	+	(COUNTY) OF _______________________________________________________________ 21
692	648
693		-	If you choose to make a grant of limited authority, you should check the boxes that identify
694		-	the specific authorization you choose to give your agent.
	649	+	This document was acknowledged before me on 22
695	650
696		-	This power of attorney does not authorize the agent to make health care decisions for you.
	651	+	__________________________ 23
	652	+	(Date) 24
697	653
698		-	You should select someone you trust to serve as your agent. Unless you specify otherwise,
699		-	generally the agent’s authority will continue until you die or revoke the power of attorney
700		-	or the agent resigns or is unable to act for you.
	654	+	By ______________________________________ to be his/her act. 25
	655	+	(Name of Principal) 26
701	656
702		-	Your agent is not entitled to compensation unless you indicate otherwise in the special
703		-	instructions of this power of attorney. If you indicate that your agent is to receive
704		-	compensation, your agent is entitled to reasonable compensation or compensation as
705		-	specified in the Special Instructions.
706		-	Ch. 696 2023 LAWS OF MARYLAND
	657	+	____________________________________________ (SEAL, IF ANY) 27
	658	+	Signature of Notary 28
707	659
708		-	– 16 –
709		-	This form provides for designation of one agent. If you wish to name more than one agent
710		-	you may name a coagent in the Special Instructions. Coagents are required to act together
711		-	unanimously unless you specify otherwise in the Special Instructions.
	660	+	My commission expires: _____________________ 29
712	661
713		-	If your agent is unavailable or unwilling to act for you, your power of attorney will end
714		-	unless you have named a successor agent. You may also name a second successor agent.
	662	+	WITNESS ATTESTATION 30
715	663
716		-	~~This~~ power of attorney ~~becomes effective immediately unless you state otherwise in~~ the
717		-	~~Special Instructions.~~
	664	+	The foregoing power of attorney was, on the date written above, published and declared by 31
	665	+	HOUSE BILL 18 15
718	666
719		-	If you have questions about the power of attorney or the authority you are granting to your
720		-	agent, you should seek legal advice before signing this form.
721	667
722		-	DESIGNATION OF AGENT
	668	+	____________________________________________ 1
	669	+	(Name of Principal) 2
723	670
724		-	This section of the form provides for designation of one agent.
	671	+	in our presence to be his/her power of attorney. We, in his/her presence and at his/her 3
	672	+	request, and in the presence of each other, have attested to the same and have signed our 4
	673	+	names as attesting witnesses. 5
725	674
726		-	If you wish to name coagents, skip this section and use the next section (“Designation of
727		-	Coagents”).
	675	+	____________________________________________ 6
	676	+	Witness #1 Signature 7
	677	+	____________________________________________ 8
	678	+	Witness #1 Name Printed 9
	679	+	____________________________________________ 10
	680	+	____________________________________________ 11
	681	+	Witness #1 Address 12
	682	+	____________________________________________ 13
	683	+	Witness #1 Telephone Number 14
728	684
729		-	I, ___________________________________________________, name the following person
730		-	(Name of Principal)
731		-	as my agent:
	685	+	____________________________________________ 15
	686	+	Witness #2 Signature 16
	687	+	____________________________________________ 17
	688	+	Witness #2 Name Printed 18
	689	+	____________________________________________ 19
	690	+	____________________________________________ 20
	691	+	Witness #2 Address 21
	692	+	____________________________________________ 22
	693	+	Witness #2 Telephone Number” 23
732	694
733		-	Name of
734		-	Agent: _______________________________________________________________________
735		-	Agent’s
736		-	Address: _____________________________________________________________________
737		-	Agent’s Telephone
738		-	Number: _____________________________________________________________________
	695	+	17–203. 24
739	696
740		-	~~DESIGNATION~~ OF ~~COAGENTS (OPTIONAL)~~
	697	+	“MARYLAND STATUTORY FORM LIMITED POWER OF ATTORNEY 25
741	698
742		-	This section of the form provides for designation of two or more coagents. Coagents are
743		-	required to act together unanimously unless you otherwise provide in this form.
	699	+	PLEASE READ CAREFULLY 26
744	700
745		-	I, ___________________________________________________________________________,
	701	+	This power of attorney authorizes another person (your agent) to make decisions concerning 27
	702	+	your property for you (the principal). You need not give to your agent all the authorities 28
	703	+	listed below and may give the agent only those limited powers that you specifically indicate. 29
	704	+	This power of attorney gives your agent the right to make limited decisions for you. You 30
	705	+	should very carefully weigh your decision as to what powers you give your agent. Your 31
	706	+	agent will be able to make decisions and act with respect to your property (including your 32
	707	+	money) whether or not you are able to act for yourself. 33
746	708
747		-	(Name of Principal)
	709	+	If you choose to make a grant of limited authority, you should check the boxes that identify 34
	710	+	the specific authorization you choose to give your agent. 35
748	711
749		-	Name the following persons as coagents:
	712	+	This power of attorney does not authorize the agent to make health care decisions for you. 36
	713	+	16 HOUSE BILL 18
750	714
751		-	Name of Coagent: ____________________________________________________________
752	715
753		-	Coagent’s Address: ___________________________________________________________
754		-	WES MOORE, Governor Ch. 696
	716	+	You should select someone you trust to serve as your agent. Unless you specify otherwise, 1
	717	+	generally the agent’s authority will continue until you die or revoke the power of attorney 2
	718	+	or the agent resigns or is unable to act for you. 3
755	719
756		-	– 17 –
757		-	Coagent’s Telephone Number: _________________________________________________
	720	+	Your agent is not entitled to compensation unless you indicate otherwise in the special 4
	721	+	instructions of this power of attorney. If you indicate that your agent is to receive 5
	722	+	compensation, your agent is entitled to reasonable compensation or compensation as 6
	723	+	specified in the Special Instructions. 7
758	724
759		-	Name of Coagent: ____________________________________________________________
	725	+	This form provides for designation of one agent. If you wish to name more than one agent 8
	726	+	you may name a coagent in the Special Instructions. Coagents are required to act together 9
	727	+	unanimously unless you specify otherwise in the Special Instructions. 10
760	728
761		-	Coagent’s Address: ___________________________________________________________
	729	+	If your agent is unavailable or unwilling to act for you, your power of attorney will end 11
	730	+	unless you have named a successor agent. You may also name a second successor agent. 12
762	731
763		-	Coagent’s Telephone Number: _________________________________________________
	732	+	This power of attorney becomes effective immediately unless you state otherwise in the 13
	733	+	Special Instructions. 14
764	734
765		-	Special Instructions Regarding Coagents: ____________________________________________
766		-	___________________________________________________________________________________
767		-	___________________________________________________________________________________
768		-	___________________________________________________________________________________
	735	+	If you have questions about the power of attorney or the authority you are granting to your 15
	736	+	agent, you should seek legal advice before signing this form. 16
769	737
770		-	DESIGNATION OF ~~SUCCESSOR AGENT(S) (OPTIONAL)~~
	738	+	DESIGNATION OF AGENT 17
771	739
772		-	~~If my agent is unable or unwilling to act~~ for ~~me, I name as my successor~~ agent:
	740	+	This section of the form provides for designation of one agent. 18
773	741
774		-	Name of Successor Agent: _____________________________________________________
775		-	Successor Agent’s
776		-	Address: _____________________________________________________________________
777		-	Successor Agent’s Telephone Number: __________________________________________
	742	+	If you wish to name coagents, skip this section and use the next section (“Designation of 19
	743	+	Coagents”). 20
778	744
779		-	If my successor agent is unable or unwilling to act for me, I name as my second successor
780		-	agent:
	745	+	I, ___________________________________________________, name the following person21
	746	+	(Name of Principal) 22
	747	+	as my agent: 23
781	748
782		-	Name of Second Successor
783		-	Agent: _______________________________________________________________________
784		-	Second Successor Agent’s
785		-	Address: _____________________________________________________________________
786		-	Second Successor Agent’s Telephone Number: ___________________________________
	749	+	Name of 24
	750	+	Agent: _______________________________________________________________________ 25
	751	+	Agent’s 26
	752	+	Address: _____________________________________________________________________ 27
	753	+	Agent’s Telephone 28
	754	+	Number: _____________________________________________________________________ 29
787	755
788		-	~~GRANT~~ OF ~~GENERAL AUTHORITY~~
	756	+	DESIGNATION OF COAGENTS (OPTIONAL) 30
789	757
790		-	~~I (“~~the ~~principal”) grant my agent and any successor agent,~~ ~~with respect to each subject~~
791		-	~~that I choose below, the authority~~ to ~~do all acts that I could do to:~~
	758	+	This section of the form provides for designation of two or more coagents. Coagents are 31
	759	+	required to act together unanimously unless you otherwise provide in this form. 32
792	760
793		-	(1) Demand, receive, and obtain by litigation or otherwise, money or
794		-	another thing of value to which the principal is, may become, or claims to be entitled, and
795		-	conserve, invest, disburse, or use anything so received or obtained for the purposes
796		-	intended;
	761	+	I, ___________________________________________________________________________, 33
	762	+	HOUSE BILL 18 17
797	763
798		-	(2) Contract with another person, on terms agreeable to the agent, to
799		-	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform,
800		-	restate, release, or modify the contract or another contract made by or on behalf of the
801		-	principal;
802		-	Ch. 696 2023 LAWS OF MARYLAND
803	764
804		-	– 18 –
805		-	(3) Execute, acknowledge, seal, deliver, file, or record any instrument or
806		-	communication the agent considers desirable to accomplish a purpose of a transaction,
807		-	including creating a schedule contemporaneously or at a later time listing some or all of the
808		-	principal’s property and attaching the schedule to this power of attorney;
	765	+	(Name of Principal) 1
809	766
810		-	(4) Initiate, participate in, submit to alternative dispute resolution, settle,
811		-	oppose, or propose or accept a compromise with respect to a claim existing in favor of or
812		-	against the principal or intervene in litigation relating to the claim;
	767	+	Name the following persons as coagents: 2
813	768
814		-	(5) Seek on the principal’s behalf the assistance of a court or other
815		-	governmental agency to carry out an act authorized in this power of attorney;
	769	+	Name of Coagent: ____________________________________________________________ 3
816	770
817		-	(6) Engage, compensate, and discharge an attorney, accountant,
818		-	discretionary investment manager, expert witness, or other advisor;
	771	+	Coagent’s Address: ___________________________________________________________ 4
819	772
820		-	(7) Prepare, execute, and file a record, report, or other document to
821		-	safeguard or promote the principal’s interest under a statute or regulation;
	773	+	Coagent’s Telephone Number: _________________________________________________ 5
822	774
823		-	(8) Communicate with representatives or employees of a government or
824		-	governmental subdivision, agency, or instrumentality, on behalf of the principal;
	775	+	Name of Coagent: ____________________________________________________________ 6
825	776
826		-	(9) Access communications intended for, and communicate on behalf of the
827		-	principal, whether by mail, electronic transmission, telephone, or other means; and
	777	+	Coagent’s Address: ___________________________________________________________ 7
828	778
829		-	(10) Do lawful acts with respect to the subject and all property related to the
830		-	subject.
	779	+	Coagent’s Telephone Number: _________________________________________________ 8
831	780
832		-	~~(INITIAL each authority in any subject you want to include in the agent’s general~~
833		-	~~authority. Cross through each authority in any subject that you want to exclude. If you~~
834		-	~~wish to grant general authority over an entire subject, you may initial “All of the above”~~
835		-	~~instead of initialing each authority.)~~
	781	+	Special Instructions Regarding Coagents: ____________________________________________ 9
	782	+	___________________________________________________________________________________ 10
	783	+	___________________________________________________________________________________ 11
	784	+	___________________________________________________________________________________ 12
836	785
837		-	~~SUBJECTS AND AUTHORITY~~
	786	+	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL) 13
838	787
839		-	~~A. Real Property – With respect to this category, I authorize~~ my agent to:
	788	+	If my agent is unable or unwilling to act for me, I name as my successor agent: 14
840	789
841		-	(___) Demand, buy, lease, receive, accept as a gift or as security for an
842		-	extension of credit, or otherwise acquire or reject an interest in real property or a right
843		-	incident to real property
	790	+	Name of Successor Agent: _____________________________________________________ 15
	791	+	Successor Agent’s 16
	792	+	Address: _____________________________________________________________________ 17
	793	+	Successor Agent’s Telephone Number: __________________________________________ 18
844	794
845		-	(___) Sell, exchange, convey with or without covenants, representations, or
846		-	warranties, quitclaim, release, surrender, retain title for security, encumber, partition,
847		-	consent to partitioning, subject to an easement or covenant, subdivide, apply for zoning or
848		-	other governmental permits, plat or consent to platting, develop, grant an option
849		-	concerning, lease, sublease, contribute to an entity in exchange for an interest in that WES MOORE, Governor Ch. 696
	795	+	If my successor agent is unable or unwilling to act for me, I name as my second successor 19
	796	+	agent: 20
850	797
851		-	– 19 –
852		-	entity, or otherwise grant or dispose of an interest in real property or a right incident to
853		-	real property
	798	+	Name of Second Successor 21
	799	+	Agent: _______________________________________________________________________ 22
	800	+	Second Successor Agent’s 23
	801	+	Address: _____________________________________________________________________ 24
	802	+	Second Successor Agent’s Telephone Number: ___________________________________ 25
854	803
855		-	(___) Pledge or mortgage an interest in real property or right incident to real
856		-	property as security to borrow money or pay, renew, or extend the time of payment of a
857		-	debt of the principal or a debt guaranteed by the principal, including a reverse mortgage
	804	+	GRANT OF GENERAL AUTHORITY 26
858	805
859		-	(___) Release, assign, satisfy, or enforce by litigation or otherwise a
860		-	mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim to real
861		-	property that exists or is asserted
	806	+	I (“the principal”) grant my agent and any successor agent, with respect to each subject 27
	807	+	that I choose below, the authority to do all acts that I could do to: 28
862	808
863		-	(~~___~~) ~~Manage~~ or ~~conserve an interest in real property~~ or ~~a right incident to~~
864		-	~~real property owned~~ or ~~claimed~~ to be ~~owned by the principal~~, ~~including:~~
	809	+	(1) Demand, receive, and obtain by litigation or otherwise, money or 29
	810	+	another thing of value to which the principal is, may become, or claims to be entitled, and 30 18 HOUSE BILL 18
865	811
866		-	(1) Insuring against liability or casualty or other loss;
867	812
868		-	~~(2) Obtaining~~ or ~~regaining possession of~~ or ~~protecting~~ the ~~interest or~~
869		-	~~right by litigation or otherwise~~;
	813	+	conserve, invest, disburse, or use anything so received or obtained for the purposes 1
	814	+	intended; 2
870	815
871		-	(3) Paying, assessing, compromising, or contesting taxes or
872		-	assessments or applying for and receiving refunds in connection with them; and
	816	+	(2) Contract with another person, on terms agreeable to the agent, to 3
	817	+	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform, 4
	818	+	restate, release, or modify the contract or another contract made by or on behalf of the 5
	819	+	principal; 6
873	820
874		-	(4) Purchasing supplies, hiring assistance or labor, and making
875		-	repairs or alterations to the real property
	821	+	(3) Execute, acknowledge, seal, deliver, file, or record any instrument or 7
	822	+	communication the agent considers desirable to accomplish a purpose of a transaction, 8
	823	+	including creating a schedule contemporaneously or at a later time listing some or all of the 9
	824	+	principal’s property and attaching the schedule to this power of attorney; 10
876	825
877		-	(~~___~~) ~~Use~~, ~~develop~~, ~~alter~~, ~~replace~~, ~~remove, erect, or install structures or other~~
878		-	~~improvements on real property in or incident to which the principal has~~, or ~~claims~~ to ~~have,~~
879		-	~~an interest~~ or ~~right~~
	826	+	(4) Initiate, participate in, submit to alternative dispute resolution, settle, 11
	827	+	oppose, or propose or accept a compromise with respect to a claim existing in favor of or 12
	828	+	against the principal or intervene in litigation relating to the claim; 13
880	829
881		-	(___) Participate in a reorganization with respect to real property or an entity
882		-	that owns an interest in or a right incident to real property and receive, hold, and act with
883		-	respect to stocks and bonds or other property received in a plan of reorganization, including:
	830	+	(5) Seek on the principal’s behalf the assistance of a court or other 14
	831	+	governmental agency to carry out an act authorized in this power of attorney; 15
884	832
885		-	(1) ~~Selling or otherwise disposing of the stocks~~ and ~~bonds or other~~
886		-	~~property~~;
	833	+	(6) Engage, compensate, and discharge an attorney, accountant, 16
	834	+	discretionary investment manager, expert witness, or other advisor; 17
887	835
888		-	(2) ~~Exercising or selling an option,~~ a ~~right of conversion~~, or ~~a similar~~
889		-	~~right with respect to~~ the ~~stocks and bonds~~ or ~~other property~~; ~~and~~
	836	+	(7) Prepare, execute, and file a record, report, or other document to 18
	837	+	safeguard or promote the principal’s interest under a statute or regulation; 19
890	838
891		-	(3) Exercising voting rights in person or by proxy
	839	+	(8) Communicate with representatives or employees of a government or 20
	840	+	governmental subdivision, agency, or instrumentality, on behalf of the principal; 21
892	841
893		-	(~~___~~) ~~Change~~ the ~~form of title of an interest in or a right incident to real~~
894		-	~~property~~
	842	+	(9) Access communications intended for, and communicate on behalf of the 22
	843	+	principal, whether by mail, electronic transmission, telephone, or other means; and 23
895	844
896		-	(~~___~~) ~~Dedicate~~ to ~~public use,~~ ~~with or without consideration,~~ ~~easements or~~
897		-	~~other real property in which the principal has, or claims to have, an interest Ch~~. ~~696 2023 LAWS OF MARYLAND~~
	845	+	(10) Do lawful acts with respect to the subject and all property related to the 24
	846	+	subject. 25
898	847
899		-	– 20 –
	848	+	(INITIAL each authority in any subject you want to include in the agent’s general 26
	849	+	authority. Cross through each authority in any subject that you want to exclude. If you 27
	850	+	wish to grant general authority over an entire subject, you may initial “All of the above” 28
	851	+	instead of initialing each authority.) 29
900	852
901		-	~~(___) All of the above~~
	853	+	SUBJECTS AND AUTHORITY 30
902	854
903		-	B. Tangible Personal Property – With respect to this subject, I authorize my
904		-	agent to:
	855	+	A. Real Property – With respect to this category, I authorize my agent to: 31
905	856
906		-	(___) Demand, buy, receive, accept as a gift or as security for an ~~extension of~~
907		-	credit, or otherwise acquire or reject ~~ownership~~ or ~~possession of tangible personal property~~
908		-	~~or an interest in tangible personal~~ property
	857	+	(___) Demand, buy, lease, receive, accept as a gift or as security for an 32
	858	+	extension of credit, or otherwise acquire or reject an interest in real property or a right 33
	859	+	incident to real property 34 HOUSE BILL 18 19
909	860
910		-	(___) Sell, exchange, convey with or without covenants, representations, or
911		-	warranties, quitclaim, release, surrender, create a security interest in, grant options
912		-	concerning, lease, sublease, or otherwise dispose of tangible personal property or an
913		-	interest in tangible personal property
914	861
915		-	(___) Grant a security interest in tangible personal property or an interest in
916		-	tangible personal property as security to borrow money or pay, renew, or extend the time
917		-	of payment of a debt of the principal or a debt guaranteed by the principal
918	862
919		-	(___) Release, assign, satisfy, or enforce by litigation or otherwise, a security
920		-	interest, lien, or other claim on behalf of the principal, with respect to tangible personal
921		-	property or an interest in tangible personal property
	863	+	(___) Sell, exchange, convey with or without covenants, representations, or 1
	864	+	warranties, quitclaim, release, surrender, retain title for security, encumber, partition, 2
	865	+	consent to partitioning, subject to an easement or covenant, subdivide, apply for zoning or 3
	866	+	other governmental permits, plat or consent to platting, develop, grant an option 4
	867	+	concerning, lease, sublease, contribute to an entity in exchange for an interest in that 5
	868	+	entity, or otherwise grant or dispose of an interest in real property or a right incident to 6
	869	+	real property 7
922	870
923		-	(___) Manage or conserve tangible personal property or an interest in
924		-	tangible personal property on behalf of the principal, including:
	871	+	(___) Pledge or mortgage an interest in real property or right incident to real 8
	872	+	property as security to borrow money or pay, renew, or extend the time of payment of a 9
	873	+	debt of the principal or a debt guaranteed by the principal, including a reverse mortgage 10
925	874
926		-	(1) Insuring against liability or casualty or other loss;
	875	+	(___) Release, assign, satisfy, or enforce by litigation or otherwise a 11
	876	+	mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim to real 12
	877	+	property that exists or is asserted 13
927	878
928		-	(2) ~~Obtaining~~ or ~~regaining possession of~~ or ~~protecting the property~~
929		-	or ~~interest,~~ by ~~litigation or otherwise;~~
	879	+	(___) Manage or conserve an interest in real property or a right incident to 14
	880	+	real property owned or claimed to be owned by the principal, including: 15
930	881
931		-	(3) Paying, assessing, compromising, or contesting taxes or
932		-	assessments or applying for and receiving refunds in connection with taxes or assessments;
	882	+	(1) Insuring against liability or casualty or other loss; 16
933	883
934		-	(4) Moving the property from place to place;
	884	+	(2) Obtaining or regaining possession of or protecting the interest or 17
	885	+	right by litigation or otherwise; 18
935	886
936		-	(5) Storing the property for hire or on a gratuitous bailment; and
	887	+	(3) Paying, assessing, compromising, or contesting taxes or 19
	888	+	assessments or applying for and receiving refunds in connection with them; and 20
937	889
938		-	(6) ~~Using~~ and making ~~repairs, alterations, or improvements to the~~
939		-	property
	890	+	(4) Purchasing supplies, hiring assistance or labor, and making 21
	891	+	repairs or alterations to the real property 22
940	892
941		-	(___) Change the form of title of an interest in tangible personal property
	893	+	(___) Use, develop, alter, replace, remove, erect, or install structures or other 23
	894	+	improvements on real property in or incident to which the principal has, or claims to have, 24
	895	+	an interest or right 25
942	896
943		-	(___) All of the above
	897	+	(___) Participate in a reorganization with respect to real property or an entity 26
	898	+	that owns an interest in or a right incident to real property and receive, hold, and act with 27
	899	+	respect to stocks and bonds or other property received in a plan of reorganization, including: 28
944	900
945		-	C. Stocks and Bonds – With respect to this subject, I authorize my agent to: WES MOORE, Governor Ch. 696
	901	+	(1) Selling or otherwise disposing of the stocks and bonds or other 29
	902	+	property; 30
946	903
947		-	– 21 –
	904	+	(2) Exercising or selling an option, a right of conversion, or a similar 31
	905	+	right with respect to the stocks and bonds or other property; and 32
948	906
949		-	(___) Buy, sell, and exchange stocks and bonds
	907	+	(3) Exercising voting rights in person or by proxy 33
	908	+	20 HOUSE BILL 18
950	909
951		-	(___) Establish, continue, modify, or terminate an account with respect to
952		-	stocks and bonds
953	910
954		-	(___) ~~Pledge stocks and bonds as security~~ to ~~borrow, pay,~~ ~~renew, or extend~~
955		-	~~the time of payment of a debt of the principal~~
	911	+	(___) Change the form of title of an interest in or a right incident to real 1
	912	+	property 2
956	913
957		-	(___) ~~Receive certificates and other evidences of ownership~~ with ~~respect to~~
958		-	~~stocks and bonds~~
	914	+	(___) Dedicate to public use, with or without consideration, easements or 3
	915	+	other real property in which the principal has, or claims to have, an interest 4
959	916
960		-	(___) Exercise voting rights with respect to stocks and bonds in person or by
961		-	proxy, enter into voting trusts, and consent to limitations on the right to vote
	917	+	(___) All of the above 5
962	918
963		-	(___) All of the above
	919	+	B. Tangible Personal Property – With respect to this subject, I authorize my 6
	920	+	agent to: 7
964	921
965		-	D. Commodities – With respect to this subject, I authorize my agent to:
	922	+	(___) Demand, buy, receive, accept as a gift or as security for an extension of 8
	923	+	credit, or otherwise acquire or reject ownership or possession of tangible personal property 9
	924	+	or an interest in tangible personal property 10
966	925
967		-	(___) Buy, sell, exchange, assign, settle, and exercise commodity futures
968		-	contracts and call or put options on stocks or stock indexes traded on a regulated option
969		-	exchange
	926	+	(___) Sell, exchange, convey with or without covenants, representations, or 11
	927	+	warranties, quitclaim, release, surrender, create a security interest in, grant options 12
	928	+	concerning, lease, sublease, or otherwise dispose of tangible personal property or an 13
	929	+	interest in tangible personal property 14
970	930
971		-	(___) Establish, continue, modify, and terminate option accounts
	931	+	(___) Grant a security interest in tangible personal property or an interest in 15
	932	+	tangible personal property as security to borrow money or pay, renew, or extend the time 16
	933	+	of payment of a debt of the principal or a debt guaranteed by the principal 17
972	934
973		-	(___) All of the above
	935	+	(___) Release, assign, satisfy, or enforce by litigation or otherwise, a security 18
	936	+	interest, lien, or other claim on behalf of the principal, with respect to tangible personal 19
	937	+	property or an interest in tangible personal property 20
974	938
975		-	~~E. Banks and Other Financial Institutions – With respect to this subject,~~ I
976		-	~~authorize my agent to~~:
	939	+	(___) Manage or conserve tangible personal property or an interest in 21
	940	+	tangible personal property on behalf of the principal, including: 22
977	941
978		-	(___) Continue, modify, transact all business in connection with, and
979		-	terminate an account or other banking arrangement made by or on behalf of the principal
	942	+	(1) Insuring against liability or casualty or other loss; 23
980	943
981		-	(___) Establish, modify, transact all business in connection with, and
982		-	terminate an account or other banking arrangement with a bank, trust company, savings
983		-	and loan association, credit union, thrift company, brokerage firm, or other financial
984		-	institution selected by the agent
	944	+	(2) Obtaining or regaining possession of or protecting the property 24
	945	+	or interest, by litigation or otherwise; 25
985	946
986		-	(~~___~~) ~~Contract for services available from a financial institution~~, ~~including~~
987		-	~~renting a safe deposit box~~ or ~~space~~ in ~~a vault~~
	947	+	(3) Paying, assessing, compromising, or contesting taxes or 26
	948	+	assessments or applying for and receiving refunds in connection with taxes or assessments; 27
988	949
989		-	(___) Deposit by check, money order, electronic funds transfer, or otherwise
990		-	with, or leave in the custody of, a financial institution money or property of the principal
991		-	Ch. 696 2023 LAWS OF MARYLAND
	950	+	(4) Moving the property from place to place; 28
992	951
993		-	– 22 –
994		-	(___) Withdraw, by check, money order, electronic funds transfer, or
995		-	otherwise, money or property of the principal deposited with or left in the custody of a
996		-	financial institution
	952	+	(5) Storing the property for hire or on a gratuitous bailment; and 29
997	953
998		-	(~~___~~) ~~Receive statements of account, vouchers, notices,~~ and ~~similar~~
999		-	~~documents from a financial institution and act with respect to them~~
	954	+	(6) Using and making repairs, alterations, or improvements to the 30
	955	+	property 31
1000	956
1001		-	(___) ~~Enter a safe deposit box or vault and withdraw or add to~~ the ~~contents~~
	957	+	(___) Change the form of title of an interest in tangible personal property 32 HOUSE BILL 18 21
1002	958
1003		-	(___) Borrow money and pledge as security personal property of the principal
1004		-	necessary to borrow money or pay, renew, or extend the time of payment of a debt of the
1005		-	principal or a debt guaranteed by the principal
1006	959
1007		-	(___) Make, assign, draw, endorse, discount, guarantee, and negotiate
1008		-	promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of the
1009		-	principal or payable to the principal or the principal’s order, transfer money, receive the
1010		-	cash or other proceeds of those transactions, and accept a draft drawn by a person on the
1011		-	principal and pay the draft when due
1012	960
1013		-	(___) Receive for the principal and act on a sight draft, warehouse receipt,
1014		-	other document of title whether tangible or electronic, or other negotiable or nonnegotiable
1015		-	instrument
	961	+	(___) All of the above 1
1016	962
1017		-	(___) Apply for, receive, and use letters of credit, credit cards and debit cards,
1018		-	electronic transaction authorizations, and traveler’s checks from a financial institution and
1019		-	give an indemnity or other agreement in connection with letters of credit
	963	+	C. Stocks and Bonds – With respect to this subject, I authorize my agent to: 2
1020	964
1021		-	(___) Consent to an extension of the time of payment with respect to
1022		-	commercial paper or a financial transaction with a financial institution
	965	+	(___) Buy, sell, and exchange stocks and bonds 3
1023	966
1024		-	(___) All of the above
	967	+	(___) Establish, continue, modify, or terminate an account with respect to 4
	968	+	stocks and bonds 5
1025	969
1026		-	~~F. Operation of an Entity~~ or ~~a Business – With respect to this subject, I authorize~~
1027		-	~~my agent to:~~
	970	+	(___) Pledge stocks and bonds as security to borrow, pay, renew, or extend 6
	971	+	the time of payment of a debt of the principal 7
1028	972
1029		-	(___) Operate, buy, sell, enlarge, reduce, or terminate an ownership interest
	973	+	(___) Receive certificates and other evidences of ownership with respect to 8
	974	+	stocks and bonds 9
1030	975
1031		-	(___) Perform a duty or discharge a liability and exercise in person or by
1032		-	proxy a right, power, privilege, or an option that the principal has, may have, or claims to
1033		-	have
	976	+	(___) Exercise voting rights with respect to stocks and bonds in person or by 10
	977	+	proxy, enter into voting trusts, and consent to limitations on the right to vote 11
1034	978
1035		-	(___) ~~Enforce~~ the ~~terms of an ownership agreement~~
	979	+	(___) All of the above 12
1036	980
1037		-	(___) Initiate, participate in, submit to alternative dispute resolution, settle,
1038		-	oppose, or propose or accept a compromise with respect to litigation to which the principal
1039		-	is a party because of an ownership interest WES MOORE, Governor Ch. 696
	981	+	D. Commodities – With respect to this subject, I authorize my agent to: 13
1040	982
1041		-	– 23 –
	983	+	(___) Buy, sell, exchange, assign, settle, and exercise commodity futures 14
	984	+	contracts and call or put options on stocks or stock indexes traded on a regulated option 15
	985	+	exchange 16
1042	986
1043		-	(___) Exercise in person or by proxy, or enforce by litigation or otherwise, a
1044		-	right, power, privilege, or an option the principal has or claims to have as the holder of
1045		-	stocks and bonds
	987	+	(___) Establish, continue, modify, and terminate option accounts 17
1046	988
1047		-	(___) Initiate, participate in, submit to alternative dispute resolution, settle,
1048		-	oppose, or propose or accept a compromise with respect to litigation to which the principal
1049		-	is a party concerning stocks and bonds
	989	+	(___) All of the above 18
1050	990
1051		-	(___) With respect to an entity or business owned solely by the principal:
	991	+	E. Banks and Other Financial Institutions – With respect to this subject, I 19
	992	+	authorize my agent to: 20
1052	993
1053		-	(1) Continue, modify, renegotiate, extend, and terminate a contract
1054		-	made by or on behalf of the principal with respect to the entity or business before execution
1055		-	of this power of attorney;
	994	+	(___) Continue, modify, transact all business in connection with, and 21
	995	+	terminate an account or other banking arrangement made by or on behalf of the principal 22
1056	996
1057		-	(2) Determine:
	997	+	(___) Establish, modify, transact all business in connection with, and 23
	998	+	terminate an account or other banking arrangement with a bank, trust company, savings 24
	999	+	and loan association, credit union, thrift company, brokerage firm, or other financial 25
	1000	+	institution selected by the agent 26
1058	1001
1059		-	(i) The location of the operation of the entity or business;
	1002	+	(___) Contract for services available from a financial institution, including 27
	1003	+	renting a safe deposit box or space in a vault 28
1060	1004
1061		-	(ii) ~~The nature and extent of the business of the entity~~ or
1062		-	~~business;~~
	1005	+	(___) Deposit by check, money order, electronic funds transfer, or otherwise 29
	1006	+	with, or leave in the custody of, a financial institution money or property of the principal 30 22 HOUSE BILL 18
1063	1007
1064		-	(iii) The methods of manufacturing, selling, merchandising,
1065		-	financing, accounting, and advertising employed in the operation of the entity or business;
1066	1008
1067		-	(iv) The amount and types of insurance carried by the entity
1068		-	or business; and
1069	1009
1070		-	(v) The mode of engaging, compensating, and dealing with the
1071		-	employees and accountants, attorneys, or other advisors of the entity or business;
	1010	+	(___) Withdraw, by check, money order, electronic funds transfer, or 1
	1011	+	otherwise, money or property of the principal deposited with or left in the custody of a 2
	1012	+	financial institution 3
1072	1013
1073		-	(3) Change the name or form of organization under which the entity
1074		-	or business is operated and enter into an ownership agreement with other persons to take
1075		-	over all or part of the operation of the entity or business; and
	1014	+	(___) Receive statements of account, vouchers, notices, and similar 4
	1015	+	documents from a financial institution and act with respect to them 5
1076	1016
1077		-	(4) Demand and receive money due or claimed by the principal or on
1078		-	the principal’s behalf in the operation of the entity or business and control and disburse the
1079		-	money in the operation of the entity or business
	1017	+	(___) Enter a safe deposit box or vault and withdraw or add to the contents 6
1080	1018
1081		-	(___) Put additional capital into an entity or a business in which the principal
1082		-	has an interest
	1019	+	(___) Borrow money and pledge as security personal property of the principal 7
	1020	+	necessary to borrow money or pay, renew, or extend the time of payment of a debt of the 8
	1021	+	principal or a debt guaranteed by the principal 9
1083	1022
1084		-	(___) Join in a plan of reorganization, consolidation, conversion,
1085		-	domestication, or merger of the entity or business
	1023	+	(___) Make, assign, draw, endorse, discount, guarantee, and negotiate 10
	1024	+	promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of the 11
	1025	+	principal or payable to the principal or the principal’s order, transfer money, receive the 12
	1026	+	cash or other proceeds of those transactions, and accept a draft drawn by a person on the 13
	1027	+	principal and pay the draft when due 14
1086	1028
1087		-	(___) Sell or liquidate all or part of an entity or business Ch. 696 2023 LAWS OF MARYLAND
	1029	+	(___) Receive for the principal and act on a sight draft, warehouse receipt, 15
	1030	+	other document of title whether tangible or electronic, or other negotiable or nonnegotiable 16
	1031	+	instrument 17
1088	1032
1089		-	– 24 –
	1033	+	(___) Apply for, receive, and use letters of credit, credit cards and debit cards, 18
	1034	+	electronic transaction authorizations, and traveler’s checks from a financial institution and 19
	1035	+	give an indemnity or other agreement in connection with letters of credit 20
1090	1036
1091		-	(___) ~~Establish~~ the ~~value~~ of ~~an entity or a business under a buyout agreement~~
1092		-	~~to which the principal is~~ a ~~party~~
	1037	+	(___) Consent to an extension of the time of payment with respect to 21
	1038	+	commercial paper or a financial transaction with a financial institution 22
1093	1039
1094		-	(___) Prepare, sign, file, and deliver reports, compilations of information,
1095		-	returns, or other papers with respect to an entity or business and make related payments
	1040	+	(___) All of the above 23
1096	1041
1097		-	(___) Pay, compromise, or contest taxes, assessments, fines, or penalties and
1098		-	perform other acts to protect the principal from illegal or unnecessary taxation,
1099		-	assessments, fines, or penalties, with respect to an entity or a business, including attempts
1100		-	to recover, as permitted by law, money paid before or after the execution of this power of
1101		-	attorney
	1042	+	F. Operation of an Entity or a Business – With respect to this subject, I authorize 24
	1043	+	my agent to: 25
1102	1044
1103		-	(___) ~~All of the above~~
	1045	+	(___) Operate, buy, sell, enlarge, reduce, or terminate an ownership interest 26
1104	1046
1105		-	G. Insurance and Annuities – With respect to this subject, I authorize my agent
1106		-	to:
	1047	+	(___) Perform a duty or discharge a liability and exercise in person or by 27
	1048	+	proxy a right, power, privilege, or an option that the principal has, may have, or claims to 28
	1049	+	have 29
1107	1050
1108		-	(___) Continue, pay the premium or make a contribution on, modify,
1109		-	exchange, rescind, release, or terminate a contract procured by or on behalf of the principal
1110		-	that insures or provides an annuity to either the principal or another person, whether or
1111		-	not the principal is a beneficiary under the contract
	1051	+	(___) Enforce the terms of an ownership agreement 30
1112	1052
1113		-	(___) ~~Procure new~~, ~~different~~, ~~and additional contracts of insurance and~~
1114		-	~~annuities for~~ the principal ~~and the principal’s spouse, children, and other dependents, and~~
1115		-	~~select the amount,~~ ~~type~~ of ~~insurance or annuity,~~ ~~and mode of payment~~
	1053	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 31
	1054	+	oppose, or propose or accept a compromise with respect to litigation to which the principal 32
	1055	+	is a party because of an ownership interest 33 HOUSE BILL 18 23
1116	1056
1117		-	(___) Pay the premium or make a contribution on, modify, exchange, rescind,
1118		-	release, or terminate a contract of insurance or annuity procured by the agent
1119	1057
1120		-	(___) Apply for and receive a loan secured by a contract of insurance or
1121		-	annuity
1122	1058
1123		-	(___) Surrender and receive the cash surrender value on a contract of
1124		-	insurance or annuity
	1059	+	(___) Exercise in person or by proxy, or enforce by litigation or otherwise, a 1
	1060	+	right, power, privilege, or an option the principal has or claims to have as the holder of 2
	1061	+	stocks and bonds 3
1125	1062
1126		-	(___) Exercise an election
	1063	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 4
	1064	+	oppose, or propose or accept a compromise with respect to litigation to which the principal 5
	1065	+	is a party concerning stocks and bonds 6
1127	1066
1128		-	(___) Exercise investment powers available under a contract of insurance or
1129		-	annuity
	1067	+	(___) With respect to an entity or business owned solely by the principal: 7
1130	1068
1131		-	(___) Change the manner of paying premiums on a contract of insurance or
1132		-	annuity
	1069	+	(1) Continue, modify, renegotiate, extend, and terminate a contract 8
	1070	+	made by or on behalf of the principal with respect to the entity or business before execution 9
	1071	+	of this power of attorney; 10
1133	1072
1134		-	(___) Change or convert the type of insurance or annuity with respect to
1135		-	which the principal has or claims to have authority described in this section WES MOORE, Governor Ch. 696
	1073	+	(2) Determine: 11
1136	1074
1137		-	~~– 25 –~~
	1075	+	(i) The location of the operation of the entity or business; 12
1138	1076
1139		-	(___) Apply for and procure a benefit or assistance under a statute or
1140		-	regulation to guarantee or pay premiums of a contract of insurance on the life of the
1141		-	principal
	1077	+	(ii) The nature and extent of the business of the entity or 13
	1078	+	business; 14
1142	1079
1143		-	(~~___~~) ~~Collect, sell, assign, hypothecate, borrow against, or pledge~~ the ~~interest~~
1144		-	of the ~~principal in a contract of insurance~~ or ~~annuity~~
	1080	+	(iii) The methods of manufacturing, selling, merchandising, 15
	1081	+	financing, accounting, and advertising employed in the operation of the entity or business; 16
1145	1082
1146		-	(~~___~~) ~~Select~~ the ~~form~~ and ~~timing~~ of the ~~payment of proceeds from a contract~~
1147		-	~~of insurance~~ or ~~annuity~~
	1083	+	(iv) The amount and types of insurance carried by the entity 17
	1084	+	or business; and 18
1148	1085
1149		-	(___) Pay, from proceeds or otherwise, compromise or contest, and apply for
1150		-	refunds in connection with a tax or assessment levied by a taxing authority with respect to
1151		-	a contract of insurance or annuity or the proceeds or liability from the contract of insurance
1152		-	or annuity accruing by reason of the tax or assessment
	1086	+	(v) The mode of engaging, compensating, and dealing with the 19
	1087	+	employees and accountants, attorneys, or other advisors of the entity or business; 20
1153	1088
1154		-	(___) All of the above
	1089	+	(3) Change the name or form of organization under which the entity 21
	1090	+	or business is operated and enter into an ownership agreement with other persons to take 22
	1091	+	over all or part of the operation of the entity or business; and 23
1155	1092
1156		-	H. Estates, Trusts, and Other Beneficial Interests (including trusts, probate
1157		-	estates, guardianships, conservatorships, escrows, or custodianships or funds from which
1158		-	the principal is, may become, or claims to be entitled to a share or payment) – With respect
1159		-	to this subject, I authorize my agent to:
	1093	+	(4) Demand and receive money due or claimed by the principal or on 24
	1094	+	the principal’s behalf in the operation of the entity or business and control and disburse the 25
	1095	+	money in the operation of the entity or business 26
1160	1096
1161		-	(___) ~~Accept, receive,~~ ~~receipt for,~~ ~~sell, assign, pledge,~~ or ~~exchange~~ a ~~share~~ in
1162		-	~~or payment from the fund described above~~
	1097	+	(___) Put additional capital into an entity or a business in which the principal 27
	1098	+	has an interest 28
1163	1099
1164		-	(___) Demand or obtain money or another thing of value to which the
1165		-	principal is, may become, or claims to be entitled by reason of the fund described above, by
1166		-	litigation or otherwise
	1100	+	(___) Join in a plan of reorganization, consolidation, conversion, 29
	1101	+	domestication, or merger of the entity or business 30
1167	1102
1168		-	(___) ~~Exercise for the benefit~~ of ~~the principal a presently exercisable general~~
1169		-	~~power of appointment held by the principal~~
	1103	+	(___) Sell or liquidate all or part of an entity or business 31
	1104	+	24 HOUSE BILL 18
1170	1105
1171		-	(___) Initiate, participate in, submit to alternative dispute resolution, settle,
1172		-	oppose, or propose or accept a compromise with respect to litigation to ascertain the
1173		-	meaning, validity, or effect of a deed, will, declaration of trust, or other instrument or
1174		-	transaction affecting the interest of the principal
1175	1106
1176		-	(___) Initiate, participate in, submit to alternative dispute resolution, settle,
1177		-	oppose, or propose or accept a compromise with respect to litigation to remove, substitute,
1178		-	or surcharge a fiduciary
	1107	+	(___) Establish the value of an entity or a business under a buyout agreement 1
	1108	+	to which the principal is a party 2
1179	1109
1180		-	(___) Conserve, invest, disburse, or use anything received for an authorized
1181		-	purpose
1182		-	Ch. 696 2023 LAWS OF MARYLAND
	1110	+	(___) Prepare, sign, file, and deliver reports, compilations of information, 3
	1111	+	returns, or other papers with respect to an entity or business and make related payments 4
1183	1112
1184		-	– 26 –
1185		-	(___) Transfer an interest of the principal in real property, stocks and bonds,
1186		-	accounts with financial institutions or securities intermediaries, insurance, annuities, and
1187		-	other property to the trustee of a revocable trust created by the principal as settlor
	1113	+	(___) Pay, compromise, or contest taxes, assessments, fines, or penalties and 5
	1114	+	perform other acts to protect the principal from illegal or unnecessary taxation, 6
	1115	+	assessments, fines, or penalties, with respect to an entity or a business, including attempts 7
	1116	+	to recover, as permitted by law, money paid before or after the execution of this power of 8
	1117	+	attorney 9
1188	1118
1189		-	(___) Reject, renounce, disclaim, release, or consent to a reduction in or
1190		-	modification of a share in or payment from the fund described above
	1119	+	(___) All of the above 10
1191	1120
1192		-	~~(___) Elect~~ to ~~take an elective share of an estate~~ subject ~~to election under §~~
1193		-	~~3–403 of the Estates and Trusts Article~~
	1121	+	G. Insurance and Annuities – With respect to this subject, I authorize my agent 11
	1122	+	to: 12
1194	1123
1195		-	(___) All of the above
	1124	+	(___) Continue, pay the premium or make a contribution on, modify, 13
	1125	+	exchange, rescind, release, or terminate a contract procured by or on behalf of the principal 14
	1126	+	that insures or provides an annuity to either the principal or another person, whether or 15
	1127	+	not the principal is a beneficiary under the contract 16
1196	1128
1197		-	I. Claims and Litigation – With respect to this subject, I authorize my agent to:
	1129	+	(___) Procure new, different, and additional contracts of insurance and 17
	1130	+	annuities for the principal and the principal’s spouse, children, and other dependents, and 18
	1131	+	select the amount, type of insurance or annuity, and mode of payment 19
1198	1132
1199		-	(___) Assert and maintain before a court or administrative agency a claim,
1200		-	claim for relief, cause of action, counterclaim, offset, recoupment, or defense, including an
1201		-	action to recover property or other thing of value, recover damages sustained by the
1202		-	principal, eliminate or modify tax liability, or seek an injunction, specific performance, or
1203		-	other relief
	1133	+	(___) Pay the premium or make a contribution on, modify, exchange, rescind, 20
	1134	+	release, or terminate a contract of insurance or annuity procured by the agent 21
1204	1135
1205		-	(___) ~~Bring an action to determine adverse claims~~ or ~~intervene or otherwise~~
1206		-	~~participate in litigation~~
	1136	+	(___) Apply for and receive a loan secured by a contract of insurance or 22
	1137	+	annuity 23
1207	1138
1208		-	(___) Seek an attachment, garnishment, order of arrest, or other preliminary,
1209		-	provisional, or intermediate relief and use an available procedure to effect or satisfy a
1210		-	judgment, order, or decree
	1139	+	(___) Surrender and receive the cash surrender value on a contract of 24
	1140	+	insurance or annuity 25
1211	1141
1212		-	(___) Make or accept a tender, offer of judgment, or admission of facts, submit
1213		-	a controversy on an agreed statement of facts, consent to examination, and bind the
1214		-	principal in litigation
	1142	+	(___) Exercise an election 26
1215	1143
1216		-	(___) ~~Submit to alternative dispute resolution,~~ ~~settle, and propose~~ or ~~accept~~
1217		-	~~a compromise~~
	1144	+	(___) Exercise investment powers available under a contract of insurance or 27
	1145	+	annuity 28
1218	1146
1219		-	(___) Waive the issuance and service of process on the principal, accept
1220		-	service of process, appear for the principal, designate persons on which process directed to
1221		-	the principal may be served, execute and file or deliver stipulations on the principal’s
1222		-	behalf, verify pleadings, seek appellate review, procure and give surety and indemnity
1223		-	bonds, contract and pay for the preparation and printing of records and briefs, receive,
1224		-	execute, and file or deliver a consent, waiver, release, confession of judgment, satisfaction
1225		-	of judgment, notice, agreement, or other instrument in connection with the prosecution,
1226		-	settlement, or defense of a claim or litigation
	1147	+	(___) Change the manner of paying premiums on a contract of insurance or 29
	1148	+	annuity 30
1227	1149
1228		-	(___) Act for the principal with respect to bankruptcy or insolvency, whether
1229		-	voluntary or involuntary, concerning the principal or some other person, or with respect to WES MOORE, Governor Ch. 696
	1150	+	(___) Change or convert the type of insurance or annuity with respect to 31
	1151	+	which the principal has or claims to have authority described in this section 32
	1152	+	HOUSE BILL 18 25
1230	1153
1231		-	– 27 –
1232		-	a reorganization, receivership, or application for the appointment of a receiver or trustee
1233		-	that affects an interest of the principal in property or other thing of value
1234	1154
1235		-	(___) Pay a judgment, award, or order against the principal or a settlement
1236		-	made in connection with a claim or litigation
	1155	+	(___) Apply for and procure a benefit or assistance under a statute or 1
	1156	+	regulation to guarantee or pay premiums of a contract of insurance on the life of the 2
	1157	+	principal 3
1237	1158
1238		-	(___) ~~Receive money~~ or ~~other thing of value paid in settlement of or as~~
1239		-	~~proceeds~~ of ~~a claim~~ or ~~litigation~~
	1159	+	(___) Collect, sell, assign, hypothecate, borrow against, or pledge the interest 4
	1160	+	of the principal in a contract of insurance or annuity 5
1240	1161
1241		-	(___) All of the above
	1162	+	(___) Select the form and timing of the payment of proceeds from a contract 6
	1163	+	of insurance or annuity 7
1242	1164
1243		-	J. Personal and Family Maintenance – With respect to this subject, I authorize
1244		-	my agent to:
	1165	+	(___) Pay, from proceeds or otherwise, compromise or contest, and apply for 8
	1166	+	refunds in connection with a tax or assessment levied by a taxing authority with respect to 9
	1167	+	a contract of insurance or annuity or the proceeds or liability from the contract of insurance 10
	1168	+	or annuity accruing by reason of the tax or assessment 11
1245	1169
1246		-	(___) Perform the acts necessary to maintain the customary standard of
1247		-	living of the principal, the principal’s spouse, and the following individuals, whether living
1248		-	when this power of attorney is executed or later born:
	1170	+	(___) All of the above 12
1249	1171
1250		-	(1) The principal’s children;
	1172	+	H. Estates, Trusts, and Other Beneficial Interests (including trusts, probate 13
	1173	+	estates, guardianships, conservatorships, escrows, or custodianships or funds from which 14
	1174	+	the principal is, may become, or claims to be entitled to a share or payment) – With respect 15
	1175	+	to this subject, I authorize my agent to: 16
1251	1176
1252		-	(2) ~~Other individuals legally entitled to be supported by the~~
1253		-	~~principal; and~~
	1177	+	(___) Accept, receive, receipt for, sell, assign, pledge, or exchange a share in 17
	1178	+	or payment from the fund described above 18
1254	1179
1255		-	(3) The individuals whom the principal has customarily supported
1256		-	or indicated the intent to support;
	1180	+	(___) Demand or obtain money or another thing of value to which the 19
	1181	+	principal is, may become, or claims to be entitled by reason of the fund described above, by 20
	1182	+	litigation or otherwise 21
1257	1183
1258		-	(___) Make periodic payments of child support and other family maintenance
1259		-	required by a court or governmental agency or an agreement to which the principal is a
1260		-	party
	1184	+	(___) Exercise for the benefit of the principal a presently exercisable general 22
	1185	+	power of appointment held by the principal 23
1261	1186
1262		-	(___) Provide living quarters for the individuals described above by:
	1187	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 24
	1188	+	oppose, or propose or accept a compromise with respect to litigation to ascertain the 25
	1189	+	meaning, validity, or effect of a deed, will, declaration of trust, or other instrument or 26
	1190	+	transaction affecting the interest of the principal 27
1263	1191
1264		-	(1) Purchase, lease, or other contract; or
	1192	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 28
	1193	+	oppose, or propose or accept a compromise with respect to litigation to remove, substitute, 29
	1194	+	or surcharge a fiduciary 30
1265	1195
1266		-	(2) Paying the operating costs, including interest, amortization
1267		-	payments, repairs, improvements, and taxes, for premises owned by the principal or
1268		-	occupied by those individuals
	1196	+	(___) Conserve, invest, disburse, or use anything received for an authorized 31
	1197	+	purpose 32
1269	1198
1270		-	(___) ~~Provide normal domestic help~~, ~~usual vacations~~ and ~~travel expenses~~, ~~and~~
1271		-	~~funds for shelter~~, ~~clothing~~, ~~food~~, ~~appropriate education, including postsecondary~~ and
1272		-	~~vocational education, and~~ other ~~current living costs for~~ the ~~individuals described above~~
	1199	+	(___) Transfer an interest of the principal in real property, stocks and bonds, 33
	1200	+	accounts with financial institutions or securities intermediaries, insurance, annuities, and 34
	1201	+	other property to the trustee of a revocable trust created by the principal as settlor 35 26 HOUSE BILL 18
1273	1202
1274		-	(___) Pay expenses for necessary health care and custodial care on behalf of
1275		-	the individuals described above
1276		-	Ch. 696 2023 LAWS OF MARYLAND
1277	1203
1278		-	– 28 –
1279		-	(___) Act as the principal’s personal representative in accordance with the
1280		-	Health Insurance Portability and Accountability Act, §§ 1171 through 1179 of the Social
1281		-	Security Act, 42 U.S.C. § 1320d, and applicable regulations in making decisions related to
1282		-	the past, present, or future payment for the provision of health care consented to by the
1283		-	principal or anyone authorized under the law of this State to consent to health care on
1284		-	behalf of the principal
1285	1204
1286		-	(___) Continue provisions made by the principal for automobiles or other
1287		-	means of transportation, including registering, licensing, insuring, and replacing the
1288		-	means of transportation, for the individuals described above
	1205	+	(___) Reject, renounce, disclaim, release, or consent to a reduction in or 1
	1206	+	modification of a share in or payment from the fund described above 2
1289	1207
1290		-	(___) ~~Maintain credit and debit accounts for the convenience~~ of ~~the~~
1291		-	~~individuals described above~~ and ~~open new accounts~~
	1208	+	(___) Elect to take an elective share of an estate subject to election under § 3
	1209	+	3–403 of the Estates and Trusts Article 4
1292	1210
1293		-	(___) Continue payments incidental to the membership or affiliation of the
1294		-	principal in a religious institution, club, society, order, or other organization or to continue
1295		-	contributions to those organizations
	1211	+	(___) All of the above 5
1296	1212
1297		-	(NOTE: Authority with respect to personal and family maintenance is neither
1298		-	dependent on, nor limited by, authority that an agent may or may not have with respect to
1299		-	gifts under this power of attorney.)
	1213	+	I. Claims and Litigation – With respect to this subject, I authorize my agent to: 6
1300	1214
1301		-	(___) All of the above
	1215	+	(___) Assert and maintain before a court or administrative agency a claim, 7
	1216	+	claim for relief, cause of action, counterclaim, offset, recoupment, or defense, including an 8
	1217	+	action to recover property or other thing of value, recover damages sustained by the 9
	1218	+	principal, eliminate or modify tax liability, or seek an injunction, specific performance, or 10
	1219	+	other relief 11
1302	1220
1303		-	K. Benefits from Governmental Programs or Civil or Military Service (including
1304		-	any benefit, program, or assistance provided under a statute or regulation including Social
1305		-	Security, Medicare, and Medicaid) – With respect to this subject, I authorize my agent to:
	1221	+	(___) Bring an action to determine adverse claims or intervene or otherwise 12
	1222	+	participate in litigation 13
1306	1223
1307		-	(___) Execute vouchers in the name of the principal for allowances and
1308		-	reimbursements payable by the United States or a foreign government or by a state or
1309		-	subdivision of a state to the principal, including allowances and reimbursements for
1310		-	transportation of the individuals described in “J. Personal and Family Maintenance” above,
1311		-	and for shipment of the household effects of those individuals
	1224	+	(___) Seek an attachment, garnishment, order of arrest, or other preliminary, 14
	1225	+	provisional, or intermediate relief and use an available procedure to effect or satisfy a 15
	1226	+	judgment, order, or decree 16
1312	1227
1313		-	(___) Take possession and order the removal and shipment of property of the
1314		-	principal from a post, warehouse, depot, dock, or other place of storage or safekeeping,
1315		-	either governmental or private, and execute and deliver a release, voucher, receipt, bill of
1316		-	lading, shipping ticket, certificate, or other instrument for that purpose
	1228	+	(___) Make or accept a tender, offer of judgment, or admission of facts, submit 17
	1229	+	a controversy on an agreed statement of facts, consent to examination, and bind the 18
	1230	+	principal in litigation 19
1317	1231
1318		-	(___) PERFORM THE ACTS NECE SSARY TO ENABLE THE PRINCIPAL TO
1319		-	QUALIFY FOR A GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING OBTAINING
1320		-	PERSONAL AND FINANCI AL RECORDS AND , TO THE EXTENT SPECIFICALLY
1321		-	AUTHORIZED BELOW , TO TRANSFER OR GIFT THE PRINCIPAL’S PROPERTY
	1232	+	(___) Submit to alternative dispute resolution, settle, and propose or accept 20
	1233	+	a compromise 21
1322	1234
1323		-	(___) Enroll in, apply for, select, reject, change, amend, or discontinue, on the
1324		-	principal’s behalf, a GOVERNMENTAL benefit or program WES MOORE, Governor Ch. 696
	1235	+	(___) Waive the issuance and service of process on the principal, accept 22
	1236	+	service of process, appear for the principal, designate persons on which process directed to 23
	1237	+	the principal may be served, execute and file or deliver stipulations on the principal’s 24
	1238	+	behalf, verify pleadings, seek appellate review, procure and give surety and indemnity 25
	1239	+	bonds, contract and pay for the preparation and printing of records and briefs, receive, 26
	1240	+	execute, and file or deliver a consent, waiver, release, confession of judgment, satisfaction 27
	1241	+	of judgment, notice, agreement, or other instrument in connection with the prosecution, 28
	1242	+	settlement, or defense of a claim or litigation 29
1325	1243
1326		-	– 29 –
	1244	+	(___) Act for the principal with respect to bankruptcy or insolvency, whether 30
	1245	+	voluntary or involuntary, concerning the principal or some other person, or with respect to 31
	1246	+	a reorganization, receivership, or application for the appointment of a receiver or trustee 32
	1247	+	that affects an interest of the principal in property or other thing of value 33
1327	1248
1328		-	(___) Prepare, file, and maintain a claim of the principal for a benefit or
1329		-	assistance, financial or otherwise, to which the principal may be entitled under a statute
1330		-	or regulation
	1249	+	(___) Pay a judgment, award, or order against the principal or a settlement 34
	1250	+	made in connection with a claim or litigation 35 HOUSE BILL 18 27
1331	1251
1332		-	(___) Initiate, participate in, submit to alternative dispute resolution, settle,
1333		-	oppose, or propose or accept a compromise with respect to litigation concerning a benefit or
1334		-	assistance the principal may be entitled to receive under a statute or regulation
1335	1252
1336		-	(___) Receive the financial proceeds of a claim described above and conserve,
1337		-	invest, disburse, or use for a lawful purpose anything so received
1338	1253
1339		-	(___) All of the above
	1254	+	(___) Receive money or other thing of value paid in settlement of or as 1
	1255	+	proceeds of a claim or litigation 2
1340	1256
1341		-	L. Retirement Plans (including a plan or account created by an employer, the
1342		-	principal, or another individual to provide retirement benefits or deferred compensation of
1343		-	which the principal is a participant, beneficiary, or owner, including a plan or account
1344		-	under the following sections of the Internal Revenue Code:
	1257	+	(___) All of the above 3
1345	1258
1346		-	~~(1) An individual retirement account under Internal Revenue Code Section~~
1347		-	~~408, 26 U.S.C. § 408;~~
	1259	+	J. Personal and Family Maintenance – With respect to this subject, I authorize 4
	1260	+	my agent to: 5
1348	1261
1349		-	(2) A Roth individual retirement account under Internal Revenue Code
1350		-	Section 408A, 26 U.S.C. § 408A;
	1262	+	(___) Perform the acts necessary to maintain the customary standard of 6
	1263	+	living of the principal, the principal’s spouse, and the following individuals, whether living 7
	1264	+	when this power of attorney is executed or later born: 8
1351	1265
1352		-	(3) A deemed individual retirement account under Internal Revenue Code
1353		-	Section 408(q), 26 U.S.C. § 408(q);
	1266	+	(1) The principal’s children; 9
1354	1267
1355		-	(4) ~~An annuity or mutual fund custodial account under Internal Revenue~~
1356		-	~~Code Section 403(b), 26 U.S.C. § 403(b)~~;
	1268	+	(2) Other individuals legally entitled to be supported by the 10
	1269	+	principal; and 11
1357	1270
1358		-	(5) ~~A pension,~~ ~~profit–sharing, stock bonus,~~ ~~or other retirement plan~~
1359		-	~~qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a)~~;
	1271	+	(3) The individuals whom the principal has customarily supported 12
	1272	+	or indicated the intent to support; 13
1360	1273
1361		-	(6) A plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b);
1362		-	and
	1274	+	(___) Make periodic payments of child support and other family maintenance 14
	1275	+	required by a court or governmental agency or an agreement to which the principal is a 15
	1276	+	party 16
1363	1277
1364		-	(7) A nonqualified deferred compensation plan under Internal Revenue
1365		-	Code Section 409A, 26 U.S.C. § 409A) – With respect to this subject, I authorize my agent
1366		-	to:
	1278	+	(___) Provide living quarters for the individuals described above by: 17
1367	1279
1368		-	(___) Select the form and timing of payments under a retirement plan and
1369		-	withdraw benefits from a plan
	1280	+	(1) Purchase, lease, or other contract; or 18
1370	1281
1371		-	(___) Make a rollover, including a direct trustee–to–trustee rollover, of
1372		-	benefits from one retirement plan to another Ch. 696 2023 LAWS OF MARYLAND
	1282	+	(2) Paying the operating costs, including interest, amortization 19
	1283	+	payments, repairs, improvements, and taxes, for premises owned by the principal or 20
	1284	+	occupied by those individuals 21
1373	1285
1374		-	– 30 –
	1286	+	(___) Provide normal domestic help, usual vacations and travel expenses, and 22
	1287	+	funds for shelter, clothing, food, appropriate education, including postsecondary and 23
	1288	+	vocational education, and other current living costs for the individuals described above 24
1375	1289
1376		-	(___) Establish a retirement plan in the principal’s name
	1290	+	(___) Pay expenses for necessary health care and custodial care on behalf of 25
	1291	+	the individuals described above 26
1377	1292
1378		-	(___) Make contributions to a retirement plan
	1293	+	(___) Act as the principal’s personal representative in accordance with the 27
	1294	+	Health Insurance Portability and Accountability Act, §§ 1171 through 1179 of the Social 28
	1295	+	Security Act, 42 U.S.C. § 1320d, and applicable regulations in making decisions related to 29
	1296	+	the past, present, or future payment for the provision of health care consented to by the 30
	1297	+	principal or anyone authorized under the law of this State to consent to health care on 31
	1298	+	behalf of the principal 32
	1299	+	28 HOUSE BILL 18
1379	1300
1380		-	(___) Exercise investment powers available under a retirement plan
1381	1301
1382		-	(___) Borrow from, sell assets to, or purchase assets from a retirement plan
	1302	+	(___) Continue provisions made by the principal for automobiles or other 1
	1303	+	means of transportation, including registering, licensing, insuring, and replacing the 2
	1304	+	means of transportation, for the individuals described above 3
1383	1305
1384		-	(___) All of the above
	1306	+	(___) Maintain credit and debit accounts for the convenience of the 4
	1307	+	individuals described above and open new accounts 5
1385	1308
1386		-	M. Taxes – With respect to this subject, I authorize my agent to:
	1309	+	(___) Continue payments incidental to the membership or affiliation of the 6
	1310	+	principal in a religious institution, club, society, order, or other organization or to continue 7
	1311	+	contributions to those organizations 8
1387	1312
1388		-	(___) Prepare, sign, and file federal, state, local, and foreign income, gift,
1389		-	payroll, property, Federal Insurance Contributions Act, and other tax returns, claims for
1390		-	refunds, requests for extension of time, petitions regarding tax matters, and other
1391		-	tax–related documents, including receipts, offers, waivers, consents, including consents
1392		-	and agreements under Internal Revenue Code Section 2032A, 26 U.S.C. § 2032A, closing
1393		-	agreements, and other powers of attorney required by the Internal Revenue Service or other
1394		-	taxing authority with respect to a tax year on which the statute of limitations has not run
1395		-	and the following 25 tax years
	1313	+	(NOTE: Authority with respect to personal and family maintenance is neither 9
	1314	+	dependent on, nor limited by, authority that an agent may or may not have with respect to 10
	1315	+	gifts under this power of attorney.) 11
1396	1316
1397		-	(___) Pay taxes due, collect refunds, post bonds, receive confidential
1398		-	information, and contest deficiencies determined by the Internal Revenue Service or other
1399		-	taxing authority
	1317	+	(___) All of the above 12
1400	1318
1401		-	(___) Exercise elections available to the principal under federal, state, local,
1402		-	or foreign tax law
	1319	+	K. Benefits from Governmental Programs or Civil or Military Service (including 13
	1320	+	any benefit, program, or assistance provided under a statute or regulation including Social 14
	1321	+	Security, Medicare, and Medicaid) – With respect to this subject, I authorize my agent to: 15
1403	1322
1404		-	(___) Act for the principal in all tax matters for all periods before the Internal
1405		-	Revenue Service, or other taxing authority
	1323	+	(___) Execute vouchers in the name of the principal for allowances and 16
	1324	+	reimbursements payable by the United States or a foreign government or by a state or 17
	1325	+	subdivision of a state to the principal, including allowances and reimbursements for 18
	1326	+	transportation of the individuals described in “J. Personal and Family Maintenance” above, 19
	1327	+	and for shipment of the household effects of those individuals 20
1406	1328
1407		-	(___) All of the above
	1329	+	(___) Take possession and order the removal and shipment of property of the 21
	1330	+	principal from a post, warehouse, depot, dock, or other place of storage or safekeeping, 22
	1331	+	either governmental or private, and execute and deliver a release, voucher, receipt, bill of 23
	1332	+	lading, shipping ticket, certificate, or other instrument for that purpose 24
1408	1333
1409		-	N. Gifts [(including gifts to] AND TRANSFERS – WITH RESPECT TO THIS
1410		-	SUBJECT, I AUTHORIZE MY AGENT T O:
	1334	+	(___) PERFORM THE ACTS NECE SSARY TO ENABLE THE PRINCIPAL TO 25
	1335	+	QUALIFY FOR A GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING OBTAINING 26
	1336	+	PERSONAL AND FINANCI AL RECORDS AND , TO THE EXTENT SPECIF ICALLY 27
	1337	+	AUTHORIZED BELOW , TO TRANSFER OR GIFT THE PRINCIPAL’S PROPERTY 28
1411	1338
1412		-	(___) MAKE A GIFT OR TRANSF ER TO A PERSON, OR CREATE AND FUND
1413		-	FOR THE BENEFIT OF A PERSON, INCLUDING THE PRINCI PAL, a trust, an account under
1414		-	the Uniform Transfers to Minors Act, a tuition savings account or prepaid tuition plan as
1415		-	defined under Internal Revenue Code Section 529, 26 U.S.C. § 529, [and] an ABLE account
1416		-	as defined under Internal Revenue Code Section 529A, 26 U.S.C. § 529A[) – With respect
1417		-	to this subject, I authorize my agent to:
1418		-	WES MOORE, Governor Ch. 696
	1339	+	(___) Enroll in, apply for, select, reject, change, amend, or discontinue, on the 29
	1340	+	principal’s behalf, a GOVERNMENTAL benefit or program 30
1419	1341
1420		-	– 31 –
1421		-	(___) Make outright to, or for the benefit of, a person, a gift], OR A SPECIAL
1422		-	NEEDS TRUST OR ANY T RUST AUTHORIZED UNDE R § 1917 OF THE FEDERAL SOCIAL
1423		-	SECURITY ACT, of part or all of the principal’s property, including by the exercise of a
1424		-	presently exercisable general power of appointment held by the principal, in an amount for
1425		-	each donee not to exceed the annual dollar limits of the federal gift tax exclusion under
1426		-	Internal Revenue Code Section 2503(b), 26 U.S.C. § 2503(b), without regard to whether the
1427		-	federal gift tax exclusion applies to the gift, or if the principal’s spouse agrees to consent to
1428		-	a split gift pursuant to Internal Revenue Code Section 2513, 26 U.S.C. § 2513, in an amount
1429		-	for each donee not to exceed twice the annual federal gift tax exclusion limit
	1342	+	(___) Prepare, file, and maintain a claim of the principal for a benefit or 31
	1343	+	assistance, financial or otherwise, to which the principal may be entitled under a statute 32
	1344	+	or regulation 33
1430	1345
1431		-	(___) ~~Consent~~, ~~pursuant~~ to ~~Internal Revenue Code Section 2513~~, ~~26 U.S.C. §~~
1432		-	~~2513~~, to ~~the splitting of~~ a ~~gift made by the principal’s spouse in an amount for each donee~~
1433		-	~~not~~ to ~~exceed the aggregate annual gift tax exclusions for both spouses~~
	1346	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 34
	1347	+	oppose, or propose or accept a compromise with respect to litigation concerning a benefit or 35
	1348	+	assistance the principal may be entitled to receive under a statute or regulation 36 HOUSE BILL 18 29
1434	1349
1435		-	(NOTE: An agent may only make a gift of the principal’s property as the agent
1436		-	determines is consistent with the principal’s objectives if actually known by the agent and,
1437		-	if unknown, as the agent determines is consistent with the principal’s best interest based
1438		-	on all relevant factors, including:
1439	1350
1440		-	(1) The value and nature of the principal’s property;
1441	1351
1442		-	(2) The principal’s foreseeable obligations and need for maintenance;
	1352	+	(___) Receive the financial proceeds of a claim described above and conserve, 1
	1353	+	invest, disburse, or use for a lawful purpose anything so received 2
1443	1354
1444		-	(3) Minimization of taxes, including income, estate, inheritance,
1445		-	generation–skipping transfer, and gift taxes;
	1355	+	(___) All of the above 3
1446	1356
1447		-	(4) Eligibility for a benefit, a program, or assistance under a statute or
1448		-	regulation; and
	1357	+	L. Retirement Plans (including a plan or account created by an employer, the 4
	1358	+	principal, or another individual to provide retirement benefits or deferred compensation of 5
	1359	+	which the principal is a participant, beneficiary, or owner, including a plan or account 6
	1360	+	under the following sections of the Internal Revenue Code: 7
1449	1361
1450		-	(5) The principal’s personal history of making or joining in making gifts.)
	1362	+	(1) An individual retirement account under Internal Revenue Code Section 8
	1363	+	408, 26 U.S.C. § 408; 9
1451	1364
1452		-	(___) All of the above
	1365	+	(2) A Roth individual retirement account under Internal Revenue Code 10
	1366	+	Section 408A, 26 U.S.C. § 408A; 11
1453	1367
1454		-	GRANT OF SPECIFIC AUTHORITY (OPTIONAL)
	1368	+	(3) A deemed individual retirement account under Internal Revenue Code 12
	1369	+	Section 408(q), 26 U.S.C. § 408(q); 13
1455	1370
1456		-	~~[My agent MAY NOT]~~ ~~IN ADDITION,~~ ~~MY AGENT MAY do any of the following specific acts~~
1457		-	~~for me [UNLESS] ONLY IF I have INITIALED the specific authority listed below:~~
	1371	+	(4) An annuity or mutual fund custodial account under Internal Revenue 14
	1372	+	Code Section 403(b), 26 U.S.C. § 403(b); 15
1458	1373
1459		-	(Caution: Granting any of the following will give your agent the authority to take actions
1460		-	that could significantly reduce your property or change how your property is distributed at
1461		-	your death. In addition, granting your agent the authority to make gifts to, or to designate
1462		-	as the beneficiary of any retirement plan, the agent, the agent’s spouse, or a dependent of
1463		-	the agent may constitute a taxable gift by you and may make the property subject to that
1464		-	authority taxable as part of the agent’s estate. INITIAL ONLY the specific authority you
1465		-	WANT to give your agent.)
1466		-	Ch. 696 2023 LAWS OF MARYLAND
	1374	+	(5) A pension, profit–sharing, stock bonus, or other retirement plan 16
	1375	+	qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a); 17
1467	1376
1468		-	– 32 –
1469		-	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS
1470		-	POWER OF ATTORNEY WI THOUT RESTRICTION ON THE AMOUNT OF THE GI FT OR
1471		-	TRANSFER
	1377	+	(6) A plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b); 18
	1378	+	and 19
1472	1379
1473		-	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS
1474		-	POWER OF ATTORNEY IN FAVOR OF MY AGENT
	1380	+	(7) A nonqualified deferred compensation plan under Internal Revenue 20
	1381	+	Code Section 409A, 26 U.S.C. § 409A) – With respect to this subject, I authorize my agent 21
	1382	+	to: 22
1475	1383
1476		-	(___) Create AND FUND an inter vivos trust, [or amend, revoke, or terminate an
1477		-	existing inter vivos trust if the trust expressly authorizes that action by the agent]
1478		-	INCLUDING A SPECIAL NEEDS TRUST , ANY TRUST AUTHORIZED UNDER § 1917 OF
1479		-	THE FEDERAL SOCIAL SECURITY ACT, OR A THIRD–PARTY SPECIAL NEEDS TRUST,
1480		-	OR ESTABLISH AND FUN D AN ABLE ACCOUNT AS DEFINED U NDER § 529A OF THE
1481		-	INTERNAL REVENUE CODE, FOR THE BENEFIT OF THE PRINC IPAL OR THE
1482		-	PRINCIPAL’S FAMILY, HEIRS AT LAW, OR DESCENDANTS , OR ANY OTHER PERSON
1483		-	DESIGNATED BY THE PR INCIPAL AS A BENEFIC IARY UNDER AN EXISTI NG WILL,
1484		-	TRUST, OR OTHER INSTRUMENT
	1384	+	(___) Select the form and timing of payments under a retirement plan and 23
	1385	+	withdraw benefits from a plan 24
1485	1386
1486		-	(___) ~~AMEND~~, ~~REVOKE~~, ~~OR TERMINATE AN EXIS TING INTER VIVOS TRUST IF~~
1487		-	~~THE TRUST EXPRESSLY AUTHORIZES THAT ACTI ON BY THE AGENT~~
	1387	+	(___) Make a rollover, including a direct trustee–to–trustee rollover, of 25
	1388	+	benefits from one retirement plan to another 26
1488	1389
1489		-	(___) Make a gift, subject to any special instructions in this power of attorney,
1490		-	INCLUDING A GIFT OF THE PRINCIPAL ’S ASSETS TO ASSIST T HE PRINCIPAL IN
1491		-	MEETING THE ELIGIBIL ITY REQUIRE MENTS AND QUALIFYING FOR A
1492		-	GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING GIFTS TO O R IN FAVOR OF MY
1493		-	AGENT WHO IS MY SPOU SE OR DESCENDANT
	1390	+	(___) Establish a retirement plan in the principal’s name 27
1494	1391
1495		-	(___) ~~Create or change rights of survivorship~~
	1392	+	(___) Make contributions to a retirement plan 28
1496	1393
1497		-	(___) Create or change a beneficiary designation, subject to any special instructions
1498		-	in this power of attorney; and, if I wish to authorize my agent to designate the agent, the
1499		-	agent’s spouse, or a dependent of the agent as a beneficiary, I will explicitly state this
1500		-	authority within the special instructions of this power of attorney or in a separate power of
1501		-	attorney
	1394	+	(___) Exercise investment powers available under a retirement plan 29
1502	1395
1503		-	(___) ~~Authorize another person~~ to ~~exercise the authority granted under this power~~
1504		-	~~of attorney~~
	1396	+	(___) Borrow from, sell assets to, or purchase assets from a retirement plan 30
	1397	+	30 HOUSE BILL 18
1505	1398
1506		-	(___) Waive the principal’s right to be a beneficiary of a joint and survivor annuity,
1507		-	including a survivor benefit under a retirement plan
1508	1399
1509		-	(___) ~~Exercise fiduciary powers that~~ the ~~principal has authority to delegate~~
	1400	+	(___) All of the above 1
1510	1401
1511		-	(___) Disclaim or refuse an interest in property, including a power of appointment
1512		-	WES MOORE, Governor Ch. 696
	1402	+	M. Taxes – With respect to this subject, I authorize my agent to: 2
1513	1403
1514		-	– 33 –
1515		-	(___) In accordance with the Maryland Fiduciary Access to Digital Assets Act,
1516		-	access and take control of (1) the content of any of my electronic communications, (2) any
1517		-	catalogue of electronic communications sent or received by me, and (3) any other digital
1518		-	asset in which I have a right or interest
	1404	+	(___) Prepare, sign, and file federal, state, local, and foreign income, gift, 3
	1405	+	payroll, property, Federal Insurance Contributions Act, and other tax returns, claims for 4
	1406	+	refunds, requests for extension of time, petitions regarding tax matters, and other 5
	1407	+	tax–related documents, including receipts, offers, waivers, consents, including consents 6
	1408	+	and agreements under Internal Revenue Code Section 2032A, 26 U.S.C. § 2032A, closing 7
	1409	+	agreements, and other powers of attorney required by the Internal Revenue Service or other 8
	1410	+	taxing authority with respect to a tax year on which the statute of limitations has not run 9
	1411	+	and the following 25 tax years 10
1519	1412
1520		-	(___) ~~Demand the delivery of the principal’s will from the custodian of the will and~~,
1521		-	~~on delivery of~~ the ~~principal’s will,~~ ~~take custody of the will subject to the requirements of~~
1522		-	~~Title 4,~~ ~~Subtitle 2 of the Estates and Trusts Article~~
	1413	+	(___) Pay taxes due, collect refunds, post bonds, receive confidential 11
	1414	+	information, and contest deficiencies determined by the Internal Revenue Service or other 12
	1415	+	taxing authority 13
1523	1416
1524		-	LIMITATION ON AGENT’S AUTHORITY
	1417	+	(___) Exercise elections available to the principal under federal, state, local, 14
	1418	+	or foreign tax law 15
1525	1419
1526		-	An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to
1527		-	benefit the agent or a person to whom the agent owes an obligation of support unless I have
1528		-	included that authority in the Special Instructions.
	1420	+	(___) Act for the principal in all tax matters for all periods before the Internal 16
	1421	+	Revenue Service, or other taxing authority 17
1529	1422
1530		-	~~SPECIAL INSTRUCTIONS~~ (~~OPTION AL~~)
	1423	+	(___) All of the above 18
1531	1424
1532		-	You may give special instructions on the following lines:
	1425	+	N. Gifts [(including gifts to] AND TRANSFERS – WITH RESPECT TO THIS 19
	1426	+	SUBJECT, I AUTHORIZE MY AGENT T O: 20
1533	1427
1534		-	___________________________________________________________________________________
1535		-	___________________________________________________________________________________
1536		-	___________________________________________________________________________________
1537		-	___________________________________________________________________________________
1538		-	___________________________________________________________________________________
1539		-	___________________________________________________________________________________
1540		-	___________________________________________________________________________________
	1428	+	(___) MAKE A GIFT OR TRANSF ER TO A PERSON, OR CREATE AND FUND 21
	1429	+	FOR THE BENEFIT OF A PER SON, INCLUDING THE PRINCI PAL, a trust, an account under 22
	1430	+	the Uniform Transfers to Minors Act, a tuition savings account or prepaid tuition plan as 23
	1431	+	defined under Internal Revenue Code Section 529, 26 U.S.C. § 529, [and] an ABLE account 24
	1432	+	as defined under Internal Revenue Code Section 529A, 26 U.S.C. § 529A[) – With respect 25
	1433	+	to this subject, I authorize my agent to: 26
1541	1434
1542		-	EFFECTIVE DATE
	1435	+	(___) Make outright to, or for the benefit of, a person, a gift], OR A SPECIAL 27
	1436	+	NEEDS TRUST OR ANY T RUST AUTHORIZED UNDE R § 1917 OF THE FEDERAL SOCIAL 28
	1437	+	SECURITY ACT, of part or all of the principal’s property, including by the exercise of a 29
	1438	+	presently exercisable general power of appointment held by the principal, in an amount for 30
	1439	+	each donee not to exceed the annual dollar limits of the federal gift tax exclusion under 31
	1440	+	Internal Revenue Code Section 2503(b), 26 U.S.C. § 2503(b), without regard to whether the 32
	1441	+	federal gift tax exclusion applies to the gift, or if the principal’s spouse agrees to consent to 33
	1442	+	a split gift pursuant to Internal Revenue Code Section 2513, 26 U.S.C. § 2513, in an amount 34
	1443	+	for each donee not to exceed twice the annual federal gift tax exclusion limit 35
	1444	+	HOUSE BILL 18 31
1543	1445
1544		-	This power of attorney is effective immediately unless I have stated otherwise in the Special
1545		-	Instructions.
1546	1446
1547		-	TERMINATION DATE (OPTIONAL)
	1447	+	(___) Consent, pursuant to Internal Revenue Code Section 2513, 26 U.S.C. § 1
	1448	+	2513, to the splitting of a gift made by the principal’s spouse in an amount for each donee 2
	1449	+	not to exceed the aggregate annual gift tax exclusions for both spouses 3
1548	1450
1549		-	This power of attorney shall terminate on _______________________________, 20______.
1550		-	(Use a specific calendar date)
	1451	+	(NOTE: An agent may only make a gift of the principal’s property as the agent 4
	1452	+	determines is consistent with the principal’s objectives if actually known by the agent and, 5
	1453	+	if unknown, as the agent determines is consistent with the principal’s best interest based 6
	1454	+	on all relevant factors, including: 7
1551	1455
1552		-	~~NOMINATION~~ OF ~~GUARDIAN (OPTIONAL)~~
	1456	+	(1) The value and nature of the principal’s property; 8
1553	1457
1554		-	If it becomes necessary for a court to appoint a guardian of my property or guardian of my
1555		-	person, I nominate the following person(s) for appointment:
	1458	+	(2) The principal’s foreseeable obligations and need for maintenance; 9
1556	1459
1557		-	Name of Nominee for guardian of my property:
1558		-	_____________________________________________________________________________
1559		-	Nominee’s Address: __________________________________________________________
1560		-	Nominee’s Telephone Number: ________________________________________________ Ch. 696 2023 LAWS OF MARYLAND
	1460	+	(3) Minimization of taxes, including income, estate, inheritance, 10
	1461	+	generation–skipping transfer, and gift taxes; 11
1561	1462
1562		-	– 34 –
	1463	+	(4) Eligibility for a benefit, a program, or assistance under a statute or 12
	1464	+	regulation; and 13
1563	1465
1564		-	Name of Nominee for guardian of my person:
1565		-	______________________________________________________________________________
1566		-	Nominee’s Address: ___________________________________________________________
1567		-	Nominee’s Telephone Number: _________________________________________________
	1466	+	(5) The principal’s personal history of making or joining in making gifts.) 14
1568	1467
1569		-	~~SIGNATURE AND ACKNOWLEDGMENT~~
	1468	+	(___) All of the above 15
1570	1469
1571		-	_____________________________________________ ______________________________
1572		-	Your Signature Date
	1470	+	GRANT OF SPECIFIC AUTHORITY (OPTIONAL) 16
1573	1471
1574		-	~~______________________________________________________________________________~~
1575		-	~~Your Name Printed~~
	1472	+	[My agent MAY NOT] IN ADDITION, MY AGENT MAY do any of the following specific acts 17
	1473	+	for me [UNLESS] ONLY IF I have INITIALED the specific authority listed below: 18
1576	1474
1577		-	______________________________________________________________________________
1578		-	______________________________________________________________________________
1579		-	Your Address
	1475	+	(Caution: Granting any of the following will give your agent the authority to take actions 19
	1476	+	that could significantly reduce your property or change how your property is distributed at 20
	1477	+	your death. In addition, granting your agent the authority to make gifts to, or to designate 21
	1478	+	as the beneficiary of any retirement plan, the agent, the agent’s spouse, or a dependent of 22
	1479	+	the agent may constitute a taxable gift by you and may make the property subject to that 23
	1480	+	authority taxable as part of the agent’s estate. INITIAL ONLY the specific authority you 24
	1481	+	WANT to give your agent.) 25
1580	1482
1581		-	______________________________________________________________________________
1582		-	Your Telephone Number
	1483	+	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS 26
	1484	+	POWER OF ATTORNEY WI THOUT RESTRICTION ON THE AMOUNT OF THE GI FT OR 27
	1485	+	TRANSFER 28
1583	1486
1584		-	~~STATE~~ OF ~~MARYLAND~~
1585		-	~~(COUNTY)~~ OF ~~_______________________________________________________________~~
	1487	+	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS 29
	1488	+	POWER OF ATTORNEY IN FAVOR OF MY AGENT 30
1586	1489
1587		-	~~This document was acknowledged before me on~~
1588		-	~~______________________________________________________________________________,~~
1589		-	~~(Date)~~
	1490	+	(___) Create AND FUND an inter vivos trust, [or amend, revoke, or terminate an 31
	1491	+	existing inter vivos trust if the trust expressly authorizes that action by the agent] 32
	1492	+	INCLUDING A SPECIAL NEEDS TRUST , ANY TRUST AUTHORIZED UNDER § 1917 OF 33 32 HOUSE BILL 18
1590	1493
1591		-	by ___________________________________________________________________________.
1592		-	(Name of Principal)
1593	1494
1594		-	__________________________________________________________________ (Seal, if any)
1595		-	Signature of Notary
1596		-	My commission expires: _______________________________________________________
	1495	+	THE FEDERAL SOCIAL SECURITY ACT, OR A THIRD–PARTY SPECIAL NEEDS TRUST, 1
	1496	+	OR ESTABLISH AND FUN D AN ABLE ACCOUNT AS DEFINED U NDER § 529A OF THE 2
	1497	+	INTERNAL REVENUE CODE, FOR THE BENEFIT OF T HE PRINCIPAL OR THE 3
	1498	+	PRINCIPAL’S FAMILY, HEIRS AT LAW, OR DESCENDANTS , OR ANY OTHER PERSON 4
	1499	+	DESIGNATED BY THE PR INCIPAL AS A BENEFIC IARY UNDER AN EXISTI NG WILL, 5
	1500	+	TRUST, OR OTHER INSTRUMENT 6
1597	1501
1598		-	WITNESS ATTESTATION
	1502	+	(___) AMEND, REVOKE, OR TERMINATE AN EXISTING INTER VIVOS TRUST IF 7
	1503	+	THE TRUST EXPRESSLY AUTHORIZES THAT ACTI ON BY THE AGENT 8
1599	1504
1600		-	The foregoing power of attorney was, on the date written above, published and declared by
1601		-	______________________________________________________________________________
1602		-	(Name of Principal)
	1505	+	(___) Make a gift, subject to any special instructions in this power of attorney, 9
	1506	+	INCLUDING A GIFT OF THE PRINCIPAL ’S ASSETS TO ASSIST T HE PRINCIPAL IN 10
	1507	+	MEETING THE ELIG IBILITY REQUIREMENTS AND QUALIFYING FOR A 11
	1508	+	GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING GIFTS TO O R IN FAVOR OF MY 12
	1509	+	AGENT WHO IS MY SPOU SE OR DESCENDANT 13
1603	1510
1604		-	in our presence to be his/her power of attorney. We, in his/her presence and at his/her
1605		-	request, and in the presence of each other, have attested to the same and have signed our
1606		-	names as attesting witnesses.
	1511	+	(___) Create or change rights of survivorship 14
1607	1512
1608		-	____________________________________________ WES MOORE, Governor Ch. 696
	1513	+	(___) Create or change a beneficiary designation, subject to any special instructions 15
	1514	+	in this power of attorney; and, if I wish to authorize my agent to designate the agent, the 16
	1515	+	agent’s spouse, or a dependent of the agent as a beneficiary, I will explicitly state this 17
	1516	+	authority within the special instructions of this power of attorney or in a separate power of 18
	1517	+	attorney 19
1609	1518
1610		-	– 35 –
1611		-	Witness #1 Signature
1612		-	____________________________________________
1613		-	Witness #1 Name Printed
1614		-	____________________________________________
1615		-	____________________________________________
1616		-	Witness #1 Address
1617		-	____________________________________________
1618		-	Witness #1 Telephone Number
	1519	+	(___) Authorize another person to exercise the authority granted under this power 20
	1520	+	of attorney 21
1619	1521
1620		-	____________________________________________
1621		-	Witness #2 Signature
1622		-	____________________________________________
1623		-	Witness #2 Name Printed
1624		-	____________________________________________
1625		-	____________________________________________
1626		-	Witness #2 Address
1627		-	____________________________________________
1628		-	Witness #2 Telephone Number
	1522	+	(___) Waive the principal’s right to be a beneficiary of a joint and survivor annuity, 22
	1523	+	including a survivor benefit under a retirement plan 23
1629	1524
1630		-	~~This document prepared by:~~
	1525	+	(___) Exercise fiduciary powers that the principal has authority to delegate 24
1631	1526
1632		-	___________________________________________________________________________________
1633		-	_________________________________________________________________________
	1527	+	(___) Disclaim or refuse an interest in property, including a power of appointment 25
1634	1528
1635		-	IMPORTANT INFORMATION FOR AGENT
	1529	+	(___) In accordance with the Maryland Fiduciary Access to Digital Assets Act, 26
	1530	+	access and take control of (1) the content of any of my electronic communications, (2) any 27
	1531	+	catalogue of electronic communications sent or received by me, and (3) any other digital 28
	1532	+	asset in which I have a right or interest 29
1636	1533
1637		-	Agent’s Duties
	1534	+	(___) Demand the delivery of the principal’s will from the custodian of the will and, 30
	1535	+	on delivery of the principal’s will, take custody of the will subject to the requirements of 31
	1536	+	Title 4, Subtitle 2 of the Estates and Trusts Article 32
1638	1537
1639		-	When you accept the authority granted under this power of attorney, a special legal
1640		-	relationship is created between you and the principal. This relationship imposes on you
1641		-	legal duties that continue until you resign or the power of attorney is terminated or revoked.
1642		-	You must:
	1538	+	LIMITATION ON AGENT’S AUT HORITY 33
	1539	+	HOUSE BILL 18 33
1643	1540
1644		-	(1) Do what you know the principal reasonably expects you to do with the
1645		-	principal’s property or, if you do not know the principal’s expectations, act in the principal’s
1646		-	best interest;
1647	1541
1648		-	(2) Act with care, competence, and diligence for the best interest of the principal;
	1542	+	An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to 1
	1543	+	benefit the agent or a person to whom the agent owes an obligation of support unless I have 2
	1544	+	included that authority in the Special Instructions. 3
1649	1545
1650		-	(3) ~~Do nothing beyond the authority granted in this power of attorney; and~~
	1546	+	SPECIAL INSTRUCTIONS (OPTIONAL) 4
1651	1547
1652		-	(4) Disclose your identity as an agent whenever you act for the principal by
1653		-	writing or printing the name of the principal and signing your own name as “agent” in the
1654		-	following manner:
	1548	+	You may give special instructions on the following lines: 5
1655	1549
1656		-	__________________________________ ______________________________________ Ch. 696 2023 LAWS OF MARYLAND
	1550	+	___________________________________________________________________________________ 6
	1551	+	___________________________________________________________________________________ 7
	1552	+	___________________________________________________________________________________ 8
	1553	+	___________________________________________________________________________________ 9
	1554	+	___________________________________________________________________________________ 10
	1555	+	___________________________________________________________________________________ 11
	1556	+	___________________________________________________________________________________ 12
1657	1557
1658		-	– 36 –
1659		-	(Principal’s Name) by (Your Signature) as Agent
	1558	+	EFFECTIVE DATE 13
1660	1559
1661		-	Unless the Special Instructions in this power of attorney state otherwise, you must also:
	1560	+	This power of attorney is effective immediately unless I have stated otherwise in the Special 14
	1561	+	Instructions. 15
1662	1562
1663		-	(1) ~~Act loyally for the principal’s benefit;~~
	1563	+	TERMINATION DATE (OPTIONAL) 16
1664	1564
1665		-	~~(2) Avoid conflicts that would impair your ability to act in the principal’s best~~
1666		-	~~interest;~~
	1565	+	This power of attorney shall terminate on _______________________________, 20______. 17
	1566	+	(Use a specific calendar date) 18
1667	1567
1668		-	(3) Keep a record of all receipts, disbursements, and transactions made on behalf
1669		-	of the principal;
	1568	+	NOMINATION OF GUARDIAN (OPTIONAL) 19
1670	1569
1671		-	(4) Cooperate with any person that has authority to make health care decisions
1672		-	for the principal to do what you know the principal reasonably expects or, if you do not
1673		-	know the principal’s expectations, to act in the principal’s best interest; and
	1570	+	If it becomes necessary for a court to appoint a guardian of my property or guardian of my 20
	1571	+	person, I nominate the following person(s) for appointment: 21
1674	1572
1675		-	(5) Attempt to preserve the principal’s estate plan if you know the plan and
1676		-	preserving the plan is consistent with the principal’s best interest.
	1573	+	Name of Nominee for guardian of my property: 22
	1574	+	_____________________________________________________________________________ 23
	1575	+	Nominee’s Address: __________________________________________________________ 24
	1576	+	Nominee’s Telephone Number: ________________________________________________ 25
1677	1577
1678		-	Termination of Agent’s Authority
	1578	+	Name of Nominee for guardian of my person: 26
	1579	+	______________________________________________________________________________ 27
	1580	+	Nominee’s Address: ___________________________________________________________ 28
	1581	+	Nominee’s Telephone Number: _________________________________________________ 29
1679	1582
1680		-	You must stop acting on behalf of the principal if you learn of any event that terminates
1681		-	this power of attorney or your authority under this power of attorney. Events that
1682		-	terminate a power of attorney or your authority to act under a power of attorney include:
	1583	+	SIGNATURE AND ACKNOWLEDGMENT 30
1683	1584
1684		-	(1) Death of the principal;
	1585	+	_____________________________________________ ______________________________ 31
	1586	+	Your Signature Date 32
1685	1587
1686		-	~~(2) The principal’s revocation of the power of attorney or your authority;~~
	1588	+	______________________________________________________________________________ 33 34 HOUSE BILL 18
1687	1589
1688		-	(3) The occurrence of a termination event stated in the power of attorney;
1689	1590
1690		-	~~(4) The purpose of the power of attorney is fully accomplished; or~~
	1591	+	Your Name Printed 1
1691	1592
1692		-	~~(5) If you are married to the principal, a legal action is filed with a court to end~~
1693		-	~~your marriage,~~ ~~or for your legal separation, unless the Special Instructions in this power of~~
1694		-	~~attorney state that such an action will not terminate~~ your ~~authority.~~
	1593	+	______________________________________________________________________________ 2
	1594	+	______________________________________________________________________________ 3
	1595	+	Your Address 4
1695	1596
1696		-	Liability of Agent
	1597	+	______________________________________________________________________________ 5
	1598	+	Your Telephone Number 6
1697	1599
1698		-	The meaning of the authority granted to you is defined in the Maryland Power of Attorney
1699		-	Act, Title 17 of the Estates and Trusts Article. If you violate the Maryland Power of
1700		-	Attorney Act, Title 17 of the Estates and Trusts Article, or act outside the authority
1701		-	granted, you may be liable for any damages caused by your violation.
	1600	+	STATE OF MARYLAND 7
	1601	+	(COUNTY) OF _______________________________________________________________ 8
1702	1602
1703		-	If there is anything about this document or your duties that you do not understand, you
1704		-	should seek legal advice.” WES MOORE, Governor Ch. 696
	1603	+	This document was acknowledged before me on 9
	1604	+	______________________________________________________________________________, 10
	1605	+	(Date) 11
1705	1606
1706		-	– 37 –
	1607	+	by ___________________________________________________________________________. 12
	1608	+	(Name of Principal) 13
1707	1609
1708		-	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
1709		-	October 1, 2023.
	1610	+	__________________________________________________________________ (Seal, if any) 14
	1611	+	Signature of Notary 15
	1612	+	My commission expires: _______________________________________________________ 16
1710	1613
1711		-	Approved by the Governor, May 16, 2023.
	1614	+	WITNESS ATTESTATION 17
	1615	+
	1616	+	The foregoing power of attorney was, on the date written above, published and declared by 18
	1617	+	______________________________________________________________________________ 19
	1618	+	(Name of Principal) 20
	1619	+
	1620	+	in our presence to be his/her power of attorney. We, in his/her presence and at his/her 21
	1621	+	request, and in the presence of each other, have attested to the same and have signed our 22
	1622	+	names as attesting witnesses. 23
	1623	+
	1624	+	____________________________________________ 24
	1625	+	Witness #1 Signature 25
	1626	+	____________________________________________ 26
	1627	+	Witness #1 Name Printed 27
	1628	+	____________________________________________ 28
	1629	+	____________________________________________ 29
	1630	+	Witness #1 Address 30
	1631	+	____________________________________________ 31
	1632	+	Witness #1 Telephone Number 32
	1633	+
	1634	+	____________________________________________ 33
	1635	+	Witness #2 Signature 34
	1636	+	____________________________________________ 35
	1637	+	Witness #2 Name Printed 36 HOUSE BILL 18 35
	1638	+
	1639	+
	1640	+	____________________________________________ 1
	1641	+	____________________________________________ 2
	1642	+	Witness #2 Address 3
	1643	+	____________________________________________ 4
	1644	+	Witness #2 Telephone Number 5
	1645	+
	1646	+	This document prepared by: 6
	1647	+
	1648	+	___________________________________________________________________________________ 7
	1649	+	_________________________________________________________________________ 8
	1650	+
	1651	+	IMPORTANT INFORMATION FOR AGENT 9
	1652	+
	1653	+	Agent’s Duties 10
	1654	+
	1655	+	When you accept the authority granted under this power of attorney, a special legal 11
	1656	+	relationship is created between you and the principal. This relationship imposes on you 12
	1657	+	legal duties that continue until you resign or the power of attorney is terminated or revoked. 13
	1658	+	You must: 14
	1659	+
	1660	+	(1) Do what you know the principal reasonably expects you to do with the 15
	1661	+	principal’s property or, if you do not know the principal’s expectations, act in the principal’s 16
	1662	+	best interest; 17
	1663	+
	1664	+	(2) Act with care, competence, and diligence for the best interest of the principal; 18
	1665	+
	1666	+	(3) Do nothing beyond the authority granted in this power of attorney; and 19
	1667	+
	1668	+	(4) Disclose your identity as an agent whenever you act for the principal by 20
	1669	+	writing or printing the name of the principal and signing your own name as “agent” in the 21
	1670	+	following manner: 22
	1671	+
	1672	+	__________________________________ ______________________________________ 23
	1673	+	(Principal’s Name) by (Your Signature) as Agent 24
	1674	+
	1675	+	Unless the Special Instructions in this power of attorney state otherwise, you must also: 25
	1676	+
	1677	+	(1) Act loyally for the principal’s benefit; 26
	1678	+
	1679	+	(2) Avoid conflicts that would impair your ability to act in the principal’s best 27
	1680	+	interest; 28
	1681	+
	1682	+	(3) Keep a record of all receipts, disbursements, and transactions made on behalf 29
	1683	+	of the principal; 30
	1684	+	36 HOUSE BILL 18
	1685	+
	1686	+
	1687	+	(4) Cooperate with any person that has authority to make health care decisions 1
	1688	+	for the principal to do what you know the principal reasonably expects or, if you do not 2
	1689	+	know the principal’s expectations, to act in the principal’s best interest; and 3
	1690	+
	1691	+	(5) Attempt to preserve the principal’s estate plan if you know the plan and 4
	1692	+	preserving the plan is consistent with the principal’s best interest. 5
	1693	+
	1694	+	Termination of Agent’s Authority 6
	1695	+
	1696	+	You must stop acting on behalf of the principal if you learn of any event that terminates 7
	1697	+	this power of attorney or your authority under this power of attorney. Events that 8
	1698	+	terminate a power of attorney or your authority to act under a power of attorney include: 9
	1699	+
	1700	+	(1) Death of the principal; 10
	1701	+
	1702	+	(2) The principal’s revocation of the power of attorney or your authority; 11
	1703	+
	1704	+	(3) The occurrence of a termination event stated in the power of attorney; 12
	1705	+
	1706	+	(4) The purpose of the power of attorney is fully accomplished; or 13
	1707	+
	1708	+	(5) If you are married to the principal, a legal action is filed with a court to end 14
	1709	+	your marriage, or for your legal separation, unless the Special Instructions in this power of 15
	1710	+	attorney state that such an action will not terminate your authority. 16
	1711	+
	1712	+	Liability of Agent 17
	1713	+
	1714	+	The meaning of the authority granted to you is defined in the Maryland Power of Attorney 18
	1715	+	Act, Title 17 of the Estates and Trusts Article. If you violate the Maryland Power of 19
	1716	+	Attorney Act, Title 17 of the Estates and Trusts Article, or act outside the authority 20
	1717	+	granted, you may be liable for any damages caused by your violation. 21
	1718	+
	1719	+	If there is anything about this document or your duties that you do not understand, you 22
	1720	+	should seek legal advice.” 23
	1721	+
	1722	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 24
	1723	+	October 1, 2023. 25
	1724	+