Maryland 2023 Regular Session

Maryland Senate Bill SB851 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	WES MOORE, Governor Ch. 697
2	1
3		-	– 1 –
4		-	Chapter 697
5		-	(Senate Bill 851)
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	+	sb0851
8	9
9		-	Maryland General and Limited Power of Attorney Act – Assistance With
10		-	Governmental Benefits and Programs Alterations
	10	+	SENATE BILL 851
	11	+	N2 3lr2824
	12	+	CF HB 18
	13	+	By: Senator Carter
	14	+	Introduced and read first time: February 6, 2023
	15	+	Assigned to: Judicial Proceedings
	16	+	Committee Report: Favorable with amendments
	17	+	Senate action: Adopted
	18	+	Read second time: March 7, 2023
11	19
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.
	20	+	CHAPTER ______
25	21
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)
	22	+	AN ACT concerning 1
31	23
32		-	~~SECTION 1. BE IT ENACTED BY THE~~ GENERAL ~~ASSEMBLY~~ OF ~~MARYLAND,~~
33		-	~~That the Laws of Maryland read as follows:~~
	24	+	Maryland General and Limited Power of Attorney Act – Assistance With 2
	25	+	Governmental Benefits and Programs Alterations 3
34	26
35		-	Article – Estates and Trusts
	27	+	FOR the purpose of altering a certain statutory form for a general power of attorney by 4
	28	+	including certain provisions informing the principal and agent of certain matters, 5
	29	+	granting general authority with respect to tangible personal property and trusts and 6
	30	+	estates, authorizing the principal to grant the agent certain specific powers relating 7
	31	+	to successor agents, compensation, gifts or transfers, and opening joint accounts and 8
	32	+	beneficiary designations, and clarifying the force and effect of the form; altering 9
	33	+	certain statutory forms for a power of attorney to include certain provisions relating 10
	34	+	to the authority of an agent to perform certain acts relating to eligibility and 11
	35	+	qualifications for certain governmental benefits or programs; altering a certain 12
	36	+	provision in a certain statutory form for a limited power of attorney relating to the 13
	37	+	authority of an agent to make a gift of part or all of a principal’s property or to take 14
	38	+	certain actions with respect to certain trusts under certain circumstances; and 15
	39	+	generally relating to powers of attorney. 16
36	40
37		-	17–202.
	41	+	BY repealing and reenacting, with amendments, 17
	42	+	Article – Estates and Trusts 18
	43	+	Section 17–202 and 17–203 19
	44	+	Annotated Code of Maryland 20
	45	+	(2022 Replacement Volume and 2022 Supplement) 21
38	46
39		-	“MARYLAND STATUTORY FORM
	47	+	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 22
	48	+	That the Laws of Maryland read as follows: 23 2 SENATE BILL 851
40	49
41		-	PERSONAL FINANCIAL POWER OF ATTORNEY
42	50
43		-	IMPORTANT INFORMATION AND WARNING
44	51
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
49		-	respect to your property (including your money) whether or not you are able to act for Ch. 697 2023 LAWS OF MARYLAND
	52	+	Article – Estates and Trusts 1
50	53
51		-	– 2 –
52		-	yourself.
	54	+	17–202. 2
53	55
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.
	56	+	“MARYLAND STATUTORY FORM 3
57	57
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.
	58	+	PERSONAL FINANCIAL POWER OF ATTORNEY 4
63	59
64		-	YOU SHOULD UNDERSTAND THAT GRANTING YOUR AGENT THE AUTHORITY TO TAK E
65		-	ACTIONS UNDER THIS P OWER OF ATTORNEY MAY :
	60	+	IMPORTANT INFORMATION AND WARNING 5
66	61
67		-	(1) SIGNIFICANTLY REDUCE YOUR PROPERTY AND LI MIT YOUR
68		-	ACCESS TO YOUR ASSET S;
	62	+	You should be very careful in deciding whether or not to sign this document. The powers 6
	63	+	granted by you (the principal) in this document are broad and sweeping. This power of 7
	64	+	attorney authorizes another person (your agent) to make decisions concerning your 8
	65	+	property for you (the principal). Your agent will be able to make decisions and act with 9
	66	+	respect to your property (including your money) whether or not you are able to act for 10
	67	+	yourself. 11
69	68
70		-	(2) CHANGE HOW YOUR PROPE RTY IS DISTRIBUTED U NDER YOUR
71		-	EXISTING ESTATE PLAN S TO YOUR HEIR S OR OTHERS ON YOUR DEATH; OR
	69	+	You should select someone you trust to serve as your agent. Unless you specify otherwise, 12
	70	+	generally the agent’s authority will continue until you die or revoke the power of attorney 13
	71	+	or the agent resigns or is unable to act for you. 14
72	72
73		-	(3) RESULT IN TAX CONSEQU ENCES TO YOURSELF OR OTHERS.
	73	+	You need not grant all of the powers listed below. If you choose to grant less than all of the 15
	74	+	listed powers, you may instead use a Maryland Statutory Form Limited Power of Attorney 16
	75	+	and mark on that Maryland Statutory Form Limited Power of Attorney which powers you 17
	76	+	intend to delegate to your attorney–in–fact (the Agent) and which you do not want the 18
	77	+	Agent to exercise. 19
74	78
75		-	~~This power of attorney becomes effective immediately unless~~ you ~~state otherwise in~~ the
76		-	~~Special Instructions.~~
	79	+	YOU SHOULD UNDERSTAND THAT GRANTING YOUR AGENT THE AUTHORITY TO TAK E 20
	80	+	ACTIONS UNDER THIS P OWER OF ATTORNEY MAY : 21
77	81
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.~~
	82	+	(1) SIGNIFICANTLY REDUCE YOUR PROPERTY AND LI MIT YOUR 22
	83	+	ACCESS TO YOUR ASSET S; 23
80	84
81		-	IMPORTANT INFORMATION FOR AGENT
	85	+	(2) CHANGE HOW YOUR PROPE RTY IS DISTRIBUTED U NDER YOUR 24
	86	+	EXISTING ESTATE PLAN S TO YOUR HEIRS OR OTHERS ON YOUR DEATH; OR 25
82	87
83		-	SIMPLY BECAUSE YOU AR E GRANTED A POWER OF ATTORNEY DOES NOT ME AN YOU
84		-	SHOULD EXERCISE IT . YOU ARE BOUND BY AN UTMOST DUTY OF LO YALTY 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 .
	88	+	(3) RESULT IN TAX CONSEQU ENCES TO YOURSELF OR OTHERS. 26
88	89
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.
	90	+	This power of attorney becomes effective immediately unless you state otherwise in the 27
	91	+	Special Instructions. 28
92	92
93		-	DESIGNATION OF AGENT
	93	+	You should obtain competent legal advice before you sign this power of attorney if you have 29
	94	+	any questions about the document or the authority you are granting to your agent. 30
94	95
95		-	~~This section of the form provides~~ for ~~designation of one agent.~~ ~~WES MOORE,~~ ~~Governor~~ ~~Ch. 697~~
	96	+	IMPORTANT INFORMATION FOR AGENT 31 SENATE BILL 851 3
96	97
97		-	– 3 –
98	98
99		-	If you wish to name coagents, skip this section and use the next section (“Designation of
100		-	Coagents”).
101	99
102		-	I, ___________________________________________________________________________,
	100	+	SIMPLY BECAUSE YOU AR E GRANTED A POWER OF ATTORNEY DOES NOT ME AN YOU 1
	101	+	SHOULD EXERCISE IT . YOU ARE BOUND BY AN UTMOST DUTY OF LO YALTY TO THE 2
	102	+	INTERESTS OF THE PRI NCIPAL. YOU MAY NOT ACT IN YO UR OWN SELF–INTEREST. 3
	103	+	YOU ARE FURTHER LIMIT ED BY LEGAL DUTIES T O THE PRINCIPAL THAT GOVERN 4
	104	+	YOUR ACTIONS . 5
103	105
104		-	(Name of Principal)
	106	+	WHEN EXERCISING THE A UTHORITY GRANTED IN THIS POWER OF ATTORN EY, YOU 6
	107	+	SHALL CONSIDER THE S TATED INTENTIONS OF THE PRINCIPAL REGARD ING THE 7
	108	+	PRINCIPAL’S SELF–INTEREST, FAMILY, ESTATE, AND TAXES. 8
105	109
106		-	~~Name the following person as my~~ agent:
	110	+	DESIGNATION OF AGENT 9
107	111
108		-	~~Name~~ of Agent~~: _______________________________________________________________~~
	112	+	This section of the form provides for designation of one agent. 10
109	113
110		-	Agent’s Address: ______________________________________________________________
	114	+	If you wish to name coagents, skip this section and use the next section (“Designation of 11
	115	+	Coagents”). 12
111	116
112		-	~~Agent’s Telephone Number:~~ ___________________________________________________
	117	+	I, ___________________________________________________________________________, 13
113	118
114		-	~~DESIGNATION~~ OF ~~COAGENTS (OPTION AL~~)
	119	+	(Name of Principal) 14
115	120
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.
	121	+	Name the following person as my agent: 15
118	122
119		-	I, _______________________________________________________________~~____________,~~
	123	+	Name of Agent: _______________________________________________________________ 16
120	124
121		-	~~(Name of Principal)~~
	125	+	Agent’s Address: ______________________________________________________________ 17
122	126
123		-	~~Name the following persons as coagents~~:
	127	+	Agent’s Telephone Number: ___________________________________________________ 18
124	128
125		-	~~Name~~ of ~~Coagent: ____________________________________________________________~~
	129	+	DESIGNATION OF COAGENTS (OPTIONAL) 19
126	130
127		-	Coagent’s Address: ___________________________________________________________
	131	+	This section of the form provides for designation of two or more coagents. Coagents are 20
	132	+	required to act together unanimously unless you otherwise provide in this form. 21
128	133
129		-	~~Coagent’s Telephone Number:~~ _________________________________________________
	134	+	I, ___________________________________________________________________________, 22
130	135
131		-	Name of ~~Coagent: ____________________________________________________________~~
	136	+	(Name of Principal) 23
132	137
133		-	~~Coagent’s Address~~: ~~___________________________________________________________~~
	138	+	Name the following persons as coagents: 24
134	139
135		-	Coagent~~’s Telephone Number~~: _________________________________________________
	140	+	Name of Coagent: ____________________________________________________________ 25
136	141
137		-	Special Instructions Regarding Coagents: _______________________________________
138		-	___________________________________________________________________________________
139		-	___________________________________________________________________________________
140		-	____________________________________________________________________
	142	+	Coagent’s Address: ___________________________________________________________ 26
141	143
142		-	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL)
143		-	Ch. 697 2023 LAWS OF MARYLAND
	144	+	Coagent’s Telephone Number: _________________________________________________ 27 4 SENATE BILL 851
144	145
145		-	– 4 –
146		-	If my agent is unable or unwilling to act for me, I name as my successor agent:
147	146
148		-	Name of Successor Agent: _____________________________________________________
149	147
150		-	Successor Agent’s
151		-	Address: _____________________________________________________________________
	148	+	Name of Coagent: ____________________________________________________________ 1
152	149
153		-	Successor Agent’s
154		-	Telephone Number: ___________________________________________________________
	150	+	Coagent’s Address: ___________________________________________________________ 2
155	151
156		-	If my successor agent is unable or unwilling to act for me, I name as my second successor
157		-	agent:
	152	+	Coagent’s Telephone Number: _________________________________________________ 3
158	153
159		-	Name of Second
160		-	Successor Agent: _____________________________________________________________
	154	+	Special Instructions Regarding Coagents: _______________________________________ 4
	155	+	___________________________________________________________________________________ 5
	156	+	___________________________________________________________________________________ 6
	157	+	____________________________________________________________________ 7
161	158
162		-	Second Successor
163		-	Agent’s Address: ______________________________________________________________
	159	+	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL) 8
164	160
165		-	Second Successor Agent’s
166		-	Telephone Number: ___________________________________________________________
	161	+	If my agent is unable or unwilling to act for me, I name as my successor agent: 9
167	162
168		-	POWER TO APPOINT SUCCESSOR AGENT(S) IF NO AGENT OR
169		-	SUCCESSOR AGENT IS ABLE TO SERVE (OPTIONAL)
	163	+	Name of Successor Agent: _____________________________________________________ 10
170	164
171		-	~~ONLY IF I HAVE INITIALED BELOW, MY~~ AGENT(S~~) MAY APPOINT A SUCCES SOR~~
172		-	~~AGENT(S).~~
	165	+	Successor Agent’s 11
	166	+	Address: _____________________________________________________________________ 12
173	167
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 APPOINTMENT
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 .
	168	+	Successor Agent’s 13
	169	+	Telephone Number: ___________________________________________________________ 14
179	170
180		-	COMPENSATION (OPTIONAL)
	171	+	If my successor agent is unable or unwilling to act for me, I name as my second successor 15
	172	+	agent: 16
181	173
182		-	YOUR AGENT IS ENTITLE D TO REIMBURSEME NT FOR THEIR EXPENSE S. YOUR AGENT
183		-	IS ENTITLED TO COMPE NSATION ONLY IF YOU HAVE INITIALED ONE OF THE
184		-	OPTIONS LISTED BELOW :
	174	+	Name of Second 17
	175	+	Successor Agent: _____________________________________________________________ 18
185	176
186		-	(___) MY AGENT(S) IS ENTITLED TO REASO NABLE COMPENSATION .
	177	+	Second Successor 19
	178	+	Agent’s Address: ______________________________________________________________ 20
187	179
188		-	~~(___) MY~~ AGENT(S~~) IS ENTITLED TO THE F OLLOWING COMPENSATIO N:~~
189		-	~~WES MOORE, Governor Ch. 697~~
	180	+	Second Successor Agent’s 21
	181	+	Telephone Number: ___________________________________________________________ 22
190	182
191		-	~~– 5 –~~
192		-	~~GRANT OF GENERAL AUTHORITY~~
	183	+	POWER TO APPOINT SUCCESSOR AGENT(S) IF NO AGENT OR 23
	184	+	SUCCESSOR AGENT IS ABLE TO SERVE (OPTIONAL) 24
193	185
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:~~
	186	+	ONLY IF I HAVE INITIALED BELOW, MY AGENT(S) MAY APPOINT A SUCCES SOR 25
	187	+	AGENT(S). 26
196	188
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;
	189	+	(___) EACH AGENT, WHILE SERVING IN THA T CAPACITY, MAY APPOINT AN 27
	190	+	INDIVIDUAL TO SUCCEE D TO THE AGENT ’S OFFICE ON THE AGEN T’S DEATH, 28
	191	+	RESIGNATION, OR INCAPACITY ; PROVIDED, HOWEVER, THAT AN APPOINTMENT 29 SENATE BILL 851 5
201	192
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;
204	193
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;~~
	194	+	UNDER THIS SECTION B ECOMES EFFECTIVE ONL Y WHEN NO OTHER AG ENT OR 1
	195	+	SUCCESSOR AGENT DESI GNATED BY ME IS WILL ING OR ABLE TO ACT . 2
207	196
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;
	197	+	COMPENSATION (OPTIONAL) 3
211	198
212		-	(5) Engage, compensate, and di scharge an attorney, accountant,
213		-	discretionary investment manager, expert witness, or other advisor;
	199	+	YOUR AGENT IS ENTITLE D TO REIMBURSEMENT F OR THEIR EXPENSES . YOUR AGENT 4
	200	+	IS ENTITLED TO COMPE NSATION ONLY IF YOU HAVE INITIALED ONE OF THE 5
	201	+	OPTIONS LISTED BELOW : 6
214	202
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 government or governmental
218		-	subdivision, agency, or instrumentality, on behalf of the principal; and
	203	+	(___) MY AGENT(S) IS ENTITLED TO REASO NABLE COMPENSATION . 7
219	204
220		-	(7) Do lawful acts with respect to the subject and all property related to the
221		-	subject.
	205	+	(___) MY AGENT(S) IS ENTITLED TO THE F OLLOWING COMPENSATIO N: 8
222	206
223		-	~~SUBJECTS AND AU THORITY~~
	207	+	GRANT OF GENERAL AUTHORITY 9
224	208
225		-	My agent~~’s authority shall include the authority to act as stated below~~ with ~~regard~~ to each
226		-	of the ~~following subjects~~:
	209	+	I (“the principal”) grant my agent and any successor agent, with respect to each subject 10
	210	+	listed below, the authority to do all acts that I could do to: 11
227	211
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 Ch. 697 2023 LAWS OF MARYLAND
	212	+	(1) Contract with another person, on terms agreeable to the agent, to 12
	213	+	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform, 13
	214	+	restate, release, or modify the contract or another contract made by or on behalf of the 14
	215	+	principal; 15
238	216
239		-	– 6 –
240		-	loss; (2) obtaining or regaining possession of or protecting the interest or right by litigation
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.
	217	+	(2) Execute, acknowledge, seal, deliver, file, or record any instrument or 16
	218	+	communication the agent considers desirable to accomplish a purpose of a transaction; 17
244	219
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.
	220	+	(3) Seek on the principal’s behalf the assistance of a court or other 18
	221	+	governmental agency to carry out an act authorized in this power of attorney; 19
272	222
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.
	223	+	(4) Initiate, participate in, submit to alternative dispute resolution, settle, 20
	224	+	oppose, or propose or accept a compromise with respect to a claim existing in favor of or 21
	225	+	against the principal or intervene in litigation relating to the claim; 22
280	226
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, WES MOORE, Governor Ch. 697
	227	+	(5) Engage, compensate, and discharge an attorney, accountant, 23
	228	+	discretionary investment manager, expert witness, or other advisor; 24
284	229
285		-	– 7 –
286		-	transact all business in connection with, and terminate an account or other banking
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.
	230	+	(6) Prepare, execute, and file a record, report, or other document to 25
	231	+	safeguard or promote the principal’s interest under a statute or regulation and 26
	232	+	communicate with representatives or employees of a government or governmental 27
	233	+	subdivision, agency, or instrumentality, on behalf of the principal; and 28
304	234
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.
	235	+	(7) Do lawful acts with respect to the subject and all property related to the 29
	236	+	subject. 30
327	237
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 Ch. 697 2023 LAWS OF MARYLAND
	238	+	SUBJECTS AND AUTHORITY 31
	239	+	6 SENATE BILL 851
332	240
333		-	– 8 –
334		-	liability, or seek an injunction, specific performance, or other relief; act for the principal
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.
341	241
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 PROGRAM , 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.
	242	+	My agent’s authority shall include the authority to act as stated below with regard to each 1
	243	+	of the following subjects: 2
359	244
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 WES MOORE, Governor Ch. 697
	245	+	Real property – With respect to this subject, I authorize my agent to: demand, buy, sell, 3
	246	+	convey, lease, receive, accept as a gift or as security for an extension of credit, or otherwise 4
	247	+	acquire or reject an interest in real property or a right incident to real property; pledge or 5
	248	+	mortgage an interest in real property or right incident to real property as security to borrow 6
	249	+	money or pay, renew, or extend the time of payment of a debt of the principal or a debt 7
	250	+	guaranteed by the principal, including a reverse mortgage; release, assign, satisfy, or 8
	251	+	enforce by litigation or otherwise a mortgage, deed of trust, conditional sale contract, 9
	252	+	encumbrance, lien, or other claim to real property that exists or is asserted; and manage or 10
	253	+	conserve an interest in real property or a right incident to real property owned or claimed 11
	254	+	to be owned by the principal, including: (1) insuring against liability or casualty or other 12
	255	+	loss; (2) obtaining or regaining possession of or protecting the interest or right by litigation 13
	256	+	or otherwise; (3) paying, assessing, compromising, or contesting taxes or assessments or 14
	257	+	applying for and receiving refunds in connection with them; and (4) purchasing supplies, 15
	258	+	hiring assistance or labor, and making repairs or alterations to the real property. 16
380	259
381		-	– 9 –
382		-	the authority to designate the agent, the agent’s spouse, or a dependent of the agent as a
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.
	260	+	TANGIBLE PERSONAL PRO PERTY, INCLUDING MOTOR VEHI CLES, BOATS, PLANES, 17
	261	+	AND OTHER TITLED AND UNTITLED TANGIBLE PE RSONAL PROPERTY – WITH 18
	262	+	RESPECT TO THIS SUBJ ECT, I AUTHORIZE MY AGENT T O: DEMAND, BUY, RECEIVE, 19
	263	+	ACCEPT AS A GIFT OR AS SECURITY FOR AN EXTENSION OF CREDIT , OR OTHERWISE 20
	264	+	ACQUIRE OR REJECT OW NERSHIP OR POSSESSIO N OF TANGIBLE PERSON AL 21
	265	+	PROPERTY OR AN INTER EST IN TANGIBLE PERS ONAL PROPERTY ; SELL, EXCHANGE, 22
	266	+	CONVEY WITH OR WITHO UT COVENANTS , REPRESENTATIONS , OR WARRANTIES , 23
	267	+	QUITCLAIM, RELEASE, SURRENDER, CREATE A SECURITY IN TEREST IN, GRANT 24
	268	+	OPTIONS CONCERNING , LEASE, SUBLEASE, OR OTHERWISE DISPOSE OF TANGIBLE 25
	269	+	PERSONAL PROPERTY OR AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; GRANT 26
	270	+	A SECURITY INTEREST IN TANGIBLE PERSONAL PROPERTY OR AN INTER EST IN 27
	271	+	TANGIBLE PERSONAL PROP ERTY AS SECURITY TO BORROW MONEY OR PAY , RENEW, 28
	272	+	OR EXTEND THE TIME O F PAYMENT OF A DEBT OF THE PRINCIPAL OR A DEBT 29
	273	+	GUARANTEED BY THE PR INCIPAL; RELEASE, ASSIGN, SATISFY, OR ENFORCE BY 30
	274	+	LITIGATION OR OTHERW ISE, A SECURITY INTEREST , LIEN, OR OTHER CLAIM ON 31
	275	+	BEHALF OF THE PRINCI PAL, WITH RESPECT TO TANG IBLE PERSONAL PROPER TY OR 32
	276	+	AN INTEREST IN TANGI BLE PERSONAL PROPERT Y; MANAGE OR CONSERVE 33
	277	+	TANGIBLE PERSONAL PR OPERTY OR AN INTERES T IN TANGIBLE PERSON AL 34
	278	+	PROPERTY ON BEHALF O F THE PRINCIPAL , INCLUDING: (1) INSURING AGAINST 35
	279	+	LIABILITY OR CASUALT Y OR OTHER LOSS ; (2) OBTAINING OR REGAINI NG 36
	280	+	POSSESSION OF OR PRO TECTING THE PROPERTY OR INTEREST, BY LITIGATION OR 37
	281	+	OTHERWISE; (3) PAYING, ASSESSING, COMPROMISING , OR CONTESTING TAXES OR 38
	282	+	ASSESSMENTS OR APPLY ING FOR AND RECEIVING RE FUNDS IN CONNECTION WITH 39
	283	+	TAXES OR ASSESSMENTS ; (4) MOVING THE PROPERTY FROM PLACE TO PLACE ; (5) 40
	284	+	STORING THE PROPERTY FOR HIRE OR ON A GRA TUITOUS BAILMENT ; AND (6) USING 41
	285	+	AND MAKING REPAIRS , ALTERATIONS , OR IMPROVEMENTS TO T HE PROPERTY ; AND 42
	286	+	CHANGE THE FORM OF T ITLE OF AN INTEREST IN TANGIBLE PERSONAL PROPERTY. 43 SENATE BILL 851 7
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.
404	288
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.
410	289
411		-	TRUST AND ESTATE MATT ERS – WITH RESPECT TO THIS SUBJECT:
	290	+	Stocks and bonds – With respect to this subject, I authorize my agent to: buy, sell, and 1
	291	+	exchange stocks and bonds; establish, continue, modify, or terminate an account with 2
	292	+	respect to stocks and bonds; pledge stocks and bonds as security to borrow, pay, renew, or 3
	293	+	extend the time of payment of a debt of the principal; receive certificates and other 4
	294	+	evidences of ownership with respect to stocks and bonds; exercise voting rights with respect 5
	295	+	to stocks and bonds in person or by proxy, enter into voting trusts, and consent to 6
	296	+	limitations on the right to vote. 7
412	297
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;
	298	+	Banks and other financial institutions – With respect to this subject, I authorize my agent 8
	299	+	to: continue, modify, transact all business in connection with, and terminate an account or 9
	300	+	other banking arrangement made by or on behalf of the principal; establish, modify, 10
	301	+	transact all business in connection with, and terminate an account or other banking 11
	302	+	arrangement with a bank, trust company, savings and loan association, credit union, thrift 12
	303	+	company, brokerage firm, or other financial institution selected by the agent; contract for 13
	304	+	services available from a financial institution, including renting a safe deposit box or space 14
	305	+	in a vault; deposit by check, money order, electronic funds transfer, or otherwise with, or 15
	306	+	leave in the custody of, a financial institution money or property of the principal; withdraw, 16
	307	+	by check, money order, electronic funds transfer, or otherwise, money or property of the 17
	308	+	principal deposited with or left in the custody of a financial institution; receive statements 18
	309	+	of account, vouchers, notices, and similar documents from a financial institution and act 19
	310	+	with respect to them; enter a safe deposit box or vault and withdraw or add to the contents; 20
	311	+	borrow money and pledge as security personal property of the principal necessary to borrow 21
	312	+	money or pay, renew, or extend the time of payment of a debt of the principal or a debt 22
	313	+	guaranteed by the principal; make, assign, draw, endorse, discount, guarantee, and 23
	314	+	negotiate promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of 24
	315	+	the principal or payable to the principal or the principal’s order, transfer money, receive 25
	316	+	the cash or other proceeds of those transactions; and apply for, receive, and use credit cards 26
	317	+	and debit cards, electronic transaction authorizations, and traveler’s checks from a 27
	318	+	financial institution. 28
418	319
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 O F THE ASSETS 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 I N EITHER JUDICIAL OR NONJ UDICIAL MODIFICATION Ch. 697 2023 LAWS OF MARYLAND
	320	+	Insurance and annuities – With respect to this subject, I authorize my agent to: continue, 29
	321	+	pay the premium or make a contribution on, modify, exchange, rescind, release, or 30
	322	+	terminate a contract procured by or on behalf of the principal that insures or provides an 31
	323	+	annuity to either the principal or another person, whether or not the principal is a 32
	324	+	beneficiary under the contract; procure new, different, and additional contracts of 33
	325	+	insurance and annuities for the principal and select the amount, type of insurance or 34
	326	+	annuity, and mode of payment; pay the premium or make a contribution on, modify, 35
	327	+	exchange, rescind, release, or terminate a contract of insurance or annuity procured by the 36
	328	+	agent; apply for and receive a loan secured by a contract of insurance or annuity; surrender 37
	329	+	and receive the cash surrender value on a contract of insurance or annuity; exercise an 38
	330	+	election; exercise investment powers available under a contract of insurance or annuity; 39
	331	+	change the manner of paying premiums on a contract of insurance or annuity; change or 40
	332	+	convert the type of insurance or annuity with respect to which the principal has or claims 41
	333	+	to have authority described in this section; apply for and procure a benefit or assistance 42
	334	+	under a statute or regulation to guarantee or pay premiums of a contract of insurance on 43
	335	+	the life of the principal; collect, sell, assign, hypothecate, borrow against, or pledge the 44 8 SENATE BILL 851
426	336
427		-	– 10 –
428		-	OF A TRUST AS PERMIT TED UNDER § 14.5–111 OF THE ESTATES AND TRUSTS
429		-	ARTICLE; AND
430	337
431		-	(3) MY AGENT MAY CREATE A ND TRANSFER PROPERTY TO AN
432		-	INTERVIVOS REVOCABLE OR IRREVOCABLE TRUST FOR MY SOLE BENEFIT THAT ON
433		-	MY DEATH DISTRIBUTES THE PROP ERTY IN A MANNER CON SISTENT WITH MY
434		-	EXISTING ESTATE PLAN , IF ANY, AND IN ACCORDANCE WI TH MARYLAND LAW .
	338	+	interest of the principal in a contract of insurance or annuity; select the form and timing of 1
	339	+	the payment of proceeds from a contract of insurance or annuity; pay, from proceeds or 2
	340	+	otherwise, compromise or contest, and apply for refunds in connection with a tax or 3
	341	+	assessment levied by a taxing authority with respect to a contract of insurance or annuity 4
	342	+	or the proceeds or liability from the contract of insurance or annuity accruing by reason of 5
	343	+	the tax or assessment. 6
435	344
436		-	GRANT OF SPECIFIC AUTHORITY (OPTIONAL)
	345	+	Claims and litigation – With respect to this subject, I authorize my agent to: assert and 7
	346	+	maintain before a court or administrative agency a claim, claim for relief, cause of action, 8
	347	+	counterclaim, offset, recoupment, or defense, including an action to recover property or 9
	348	+	other thing of value, recover damages sustained by the principal, eliminate or modify tax 10
	349	+	liability, or seek an injunction, specific performance, or other relief; act for the principal 11
	350	+	with respect to bankruptcy or insolvency, whether voluntary or involuntary, concerning the 12
	351	+	principal or some other person, or with respect to a reorganization, receivership, or 13
	352	+	application for the appointment of a receiver or trustee that affects an interest of the 14
	353	+	principal in property or other thing of value; pay a judgment, award, or order against the 15
	354	+	principal or a settlement made in connection with a claim or litigation; and receive money 16
	355	+	or other thing of value paid in settlement of or as proceeds of a claim or litigation. 17
437	356
438		-	(CAUTION: GRANTING ANY OF THE F OLLOWING WILL GIVE Y OUR AGENT THE
439		-	AUTHORITY TO TAKE AC TIONS THAT COULD SIGNIFICA NTLY REDUCE YOUR
440		-	PROPERTY OR CHANGE H OW YOUR PROPERTY IS DISTRIBUTED AT YOUR DEATH.)
	357	+	Benefits from governmental programs or civil or military service (including any benefit, 18
	358	+	program, or assistance provided under a statute or regulation including Social Security, 19
	359	+	Medicare, and Medicaid) – With respect to this subject, I authorize my agent to: execute 20
	360	+	vouchers in the name of the principal for allowances and reimbursements payable by the 21
	361	+	United States or a foreign government or by a state or subdivision of a state to the principal; 22
	362	+	PERFORM THE ACTS NEC ESSARY TO ENABLE THE PRINCIPAL TO QUALIFY FOR A 23
	363	+	GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING OBTAINING PERSONAL AND 24
	364	+	FINANCIAL RECORDS AND, TO THE EXTENT AUTHOR IZED IN THE SPECIAL 25
	365	+	INSTRUCTIONS BELOW , TO TRANSFER OR GIFT THE PRINCIPAL ’S PROPERTY; enroll 26
	366	+	in, apply for, select, reject, change, amend, or discontinue, on the principal’s behalf, a 27
	367	+	GOVERNMENTAL benefit or program; prepare, file, and maintain a claim of the principal 28
	368	+	for a benefit or assistance, financial or otherwise, to which the principal may be entitled 29
	369	+	under a statute or regulation; initiate, participate in, submit to alternative dispute 30
	370	+	resolution, settle, oppose, or propose or accept a compromise with respect to litigation 31
	371	+	concerning a benefit or assistance the principal may be entitled to receive under a statute 32
	372	+	or regulation; and receive the financial proceeds of a claim described above and conserve, 33
	373	+	invest, disburse, or use for a lawful purpose anything so received. 34
441	374
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:
	375	+	Retirement plans (including a plan or account created by an employer, the principal, or 35
	376	+	another individual to provide retirement benefits or deferred compensation of which the 36
	377	+	principal is a participant, beneficiary, or owner, including a plan or account under the 37
	378	+	following sections of the Internal Revenue Code: (1) an individual retirement account under 38
	379	+	Internal Revenue Code Section 408, 26 U.S.C. § 408; (2) a Roth individual retirement 39
	380	+	account under Internal Revenue Code Section 408A, 26 U.S.C. § 408A; (3) a deemed 40
	381	+	individual retirement account under Internal Revenue Code Section 408(q), 26 U.S.C. § 41
	382	+	408(q); (4) an annuity or mutual fund custodial account under Internal Revenue Code 42
	383	+	Section 403(b), 26 U.S.C. § 403(b); (5) a pension, profit–sharing, stock bonus, or other 43
	384	+	retirement plan qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a); 44 SENATE BILL 851 9
446	385
447		-	(___) MY AGENT, SUBJECT TO THE FOLLO WING CONDITIONS , IF ANY:
448		-	_________________________________________________________
449		-	_________________________________________________________
450	386
451		-	(___) MY SPOUSE
	387	+	(6) a plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b); and (7) a 1
	388	+	nonqualified deferred compensation plan under Internal Revenue Code Section 409A, 26 2
	389	+	U.S.C. § 409A) – With respect to this subject, I authorize my agent to: select the form and 3
	390	+	timing of payments under a retirement plan and withdraw benefits from a plan; make a 4
	391	+	rollover, including a direct trustee–to–trustee rollover, of benefits from one retirement plan 5
	392	+	to another; establish a retirement plan in the principal’s name; make contributions to a 6
	393	+	retirement plan; exercise investment powers available under a retirement plan; borrow 7
	394	+	from, sell assets to, or purchase assets from a retirement plan. I recognize that granting 8
	395	+	my agent the authority to create or change a beneficiary designation for a retirement plan 9
	396	+	may affect the benefits that I may receive if that authority is exercised. If I grant my agent 10
	397	+	the authority to designate the agent, the agent’s spouse, or a dependent of the agent as a 11
	398	+	beneficiary of a retirement plan, the grant may constitute a taxable gift by me and may 12
	399	+	make the property subject to that authority taxable as a part of the agent’s estate. 13
	400	+	Therefore, if I wish to authorize my agent to create or change a beneficiary designation for 14
	401	+	any retirement plan, and in particular if I wish to authorize the agent to designate as my 15
	402	+	beneficiary the agent, the agent’s spouse, or a dependent of the agent, I will explicitly state 16
	403	+	this authority in the Special Instructions section that follows or in a separate power of 17
	404	+	attorney. 18
452	405
453		-	(___) MY PARENTS
	406	+	Taxes – With respect to this subject, I authorize my agent to: prepare, sign, and file federal, 19
	407	+	state, local, and foreign income, gift, payroll, property, federal insurance contributions act, 20
	408	+	and other tax returns, claims for refunds, requests for extension of time, petitions regarding 21
	409	+	tax matters, and other tax–related documents, including receipts, offers, waivers, consents, 22
	410	+	including consents and agreements under Internal Revenue Code Section [2032(A)] 23
	411	+	2032A, 26 U.S.C. [§ 2032(A)] § 2032A, closing agreements, and other powers of attorney 24
	412	+	required by the Internal Revenue Service or other taxing authority with respect to a tax 25
	413	+	year on which the statute of limitations has not run and the following 25 tax years; pay 26
	414	+	taxes due, collect refunds, post bonds, receive confidential information, and contest 27
	415	+	deficiencies determined by the Internal Revenue Service or other taxing authority; exercise 28
	416	+	elections available to the principal under federal, state, local, or foreign tax law; and act for 29
	417	+	the principal in all tax matters for all periods before the Internal Revenue Service, or other 30
	418	+	taxing authority. 31
454	419
455		-	(___) MY GRANDPARENTS
	420	+	Digital assets – With respect to this subject, in accordance with the Maryland Fiduciary 32
	421	+	Access to Digital Assets Act, my agent shall have authority over and the right to access: (1) 33
	422	+	the content of any of my electronic communications; (2) any catalogue of electronic 34
	423	+	communications sent or received by me; and (3) any other digital asset in which I have a 35
	424	+	right or interest. 36
456	425
457		-	~~(___) MY CHILDREN~~ AND ~~THEIR DESCENDANTS~~
	426	+	TRUST AND ESTATE MATT ERS – WITH RESPECT TO THIS SUBJECT: 37
458	427
459		-	(___) A NONPROFIT OR CHARITA BLE ORGANIZATION IN A MANNER
460		-	CONSISTENT WITH MY P REVIOUS GIVING HISTORY
	428	+	(1) MY AGENT MAY ACT FOR ME IN ALL MATTERS TH AT AFFECT A 38
	429	+	TRUST, PROBATE ESTATE , ESCROW, CUSTODIANSHIP , OR OTHER FUND TO WHI CH I 39
	430	+	AM NOW, CLAIM TO BE, OR LATER BECOME ENTI TLED AS A BENEFICIAR Y, TO A SHARE 40
	431	+	OR PAYMENT , INCLUDING PETITIONS , OBJECTIONS, WAIVERS, CONSENTS, 41
	432	+	RECEIPTS, SETTLEMENTS , AND OTHER RELATED AG REEMENTS; 42 10 SENATE BILL 851
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
465	434
466		-	(___) MY INTESTATE HEIRS WH O WOULD RECEIVE MY ESTATE UNDER
467		-	MARYLAND LAW IF I DIED A RESIDENT OF MARYLAND WITHOUT A WI LL
468	435
469		-	(___) ONE OR MORE OF THE FO LLOWING PERSONS :
470		-	_________________________________________________________ WES MOORE, Governor Ch. 697
	436	+	(2) TO THE EXTENT PERMITT ED IN THE TRUST AGRE EMENT, MY 1
	437	+	AGENT MAY CONSENT TO THE AMENDMENT , REVOCATION , OR TERMINATION OF A 2
	438	+	TRUST OF WHICH I AM A BENEFICIARY , OR TO THE TRANSFER O F THE ASSETS OF THE 3
	439	+	TRUST INTO ANOTHER T RUST FOR MY BENEFIT , AND TO ENTER INTO TR ANSACTIONS 4
	440	+	WITH ANY TRUST CREAT ED BY ME, FOR ME, ON MY BEHALF, OR IN CONNECTION WIT H 5
	441	+	GIFTS FROM ME TO OTH ERS AS PROVIDED IN T HE PARAGRAPH BELOW A UTHORIZING 6
	442	+	GIFTS; AND TO PARTICIPATE I N EITHER JUDICIAL OR NONJ UDICIAL MODIFICATION 7
	443	+	OF A TRUST AS PERMIT TED UNDER § 14.5–111 OF THE ESTATES AND TRUSTS 8
	444	+	ARTICLE; AND 9
471	445
472		-	– 11 –
473		-	_________________________________________________________
	446	+	(3) MY AGENT MAY CREATE A ND TRANSFER PROPERTY TO AN 10
	447	+	INTERVIVOS REVOCABLE OR IRREVOCABLE TRUST FOR MY SOLE BENEFIT THAT ON 11
	448	+	MY DEATH DISTRIBUTES THE PROP ERTY IN A MANNER CON SISTENT WITH MY 12
	449	+	EXISTING ESTATE PLAN , IF ANY, AND IN ACCORDANCE WI TH MARYLAND LAW . 13
474	450
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:
	451	+	GRANT OF SPECIFIC AUTHORITY (OPTIONAL) 14
477	452
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 SECT ION ABOVE;~~
	453	+	(CAUTION: GRANTING ANY OF THE F OLLOWING WILL GIVE Y OUR AGENT THE 15
	454	+	AUTHORITY TO TAKE AC TIONS THAT COULD SIGNIFICA NTLY REDUCE YOUR 16
	455	+	PROPERTY OR CHANGE H OW YOUR PROPERTY IS DISTRIBUTED AT YOUR DEATH.) 17
481	456
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 GIFT , IN AN AMOUNT NOT TO EXCEED
486		-	THE AGGREGATE ANNUAL GIFT TAX EXCLUSION F OR BOTH SPOUSES ;
	457	+	A. GIFTS OR TRANSFERS – ONLY IF I HAVE INITIALED BELOW, MY 18
	458	+	AGENT MAY MAKE GIFTS OR TRANSFER OWNERSHI P OF MY ASSETS OUTRI GHT OR IN 19
	459	+	TRUST TO OR FOR THE BENEFIT OF ONE OR MO RE OF THE FOLLOWING PERSONS AND 20
	460	+	ONLY IN THE AMOUNTS SPECIFICALLY AUTHORI ZED IN THE NEXT SECT ION: 21
487	461
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 MA DE IN A MANNER CONSI STENT WITH MY EXISTI NG ESTATE
491		-	PLAN, IF ANY, AND IN ACCORDANCE WI TH STATE LAW.
	462	+	(___) MY AGENT, SUBJECT TO THE FOLLO WING CONDITIONS , IF ANY: 22
	463	+	_________________________________________________________ 23
	464	+	_________________________________________________________ 24
492	465
493		-	SPECIAL INSTRUCTIONS FOR GIFTING DESIRES – YOU MAY GIVE SPECIAL
494		-	INSTRUCTIONS FOR GIF TING DESIRES ON THE FOLLOWING LINES :
	466	+	(___) MY SPOUSE 25
	467	+
	468	+	(___) MY PARENTS 26
	469	+
	470	+	(___) MY GRANDPARENTS 27
	471	+
	472	+	(___) MY CHILDREN AND THEIR DESCENDANTS 28
	473	+
	474	+	(___) A NONPROFIT OR CHARITA BLE ORGANIZATION IN A MANNER 29
	475	+	CONSISTENT WITH MY P REVIOUS GIVING HISTORY 30
	476	+	SENATE BILL 851 11
	477	+
	478	+
	479	+	(___) THE PEOPLE AND CHARIT ABLE ORGANIZATIONS , IF ANY, NAMED 1
	480	+	IN MY ESTATE PLAN AN D IN ACCORDANCE WITH THE TERMS OF MY ESTA TE PLAN 2
	481	+	THAT ARE IN EXISTENC E AT THE TIME THE GI FT IS MADE 3
	482	+
	483	+	(___) MY INTESTATE HEIRS WH O WOULD RECEIVE MY E STATE UNDER 4
	484	+	MARYLAND LAW IF I DIED A RESIDENT OF MARYLAND WITHOUT A WI LL 5
	485	+
	486	+	(___) ONE OR MORE OF THE FO LLOWING PERSONS : 6
	487	+	_________________________________________________________ 7
	488	+	_________________________________________________________ 8
	489	+
	490	+	MY AGENT IS AUTHORIZE D TO MAKE GIFTS UNDE R THIS SECTION IN TH E 9
	491	+	FOLLOWING AMOUNTS ONLY IF I HAVE INITIALED BELOW: 10
	492	+
	493	+	(___) IN AN AMOUNT NOT TO E XCEED $_____ PER PERSON EACH 11
	494	+	CALENDAR YEAR TO THE PERSONS, NONPROFITS, OR CHARITABLE ORGANI ZATIONS 12
	495	+	THAT I HAVE SPECIFIED IN TH E SECTION ABOVE ; 13
	496	+
	497	+	(___) IN AN AMOUNT FOR EACH PERSON I HAVE SPECIFIED IN TH E 14
	498	+	SECTION ABOVE NOT TO EXCEED THE ANNUAL DOLLAR LIM ITS OF THE FEDERAL 15
	499	+	GIFT TAX EXCLUSION U NDER § 2503(B) OF THE INTERNAL REVENUE CODE, OR IF 16
	500	+	MY SPOUSE AGREES TO CONSENT TO A SPLIT G IFT, IN AN AMOUNT NOT TO EXCEED 17
	501	+	THE AGGREGATE ANNUAL GIFT TAX EXCLUSION F OR BOTH SPOUSES ; 18
	502	+
	503	+	(___) IN AN UNLIMITED AMOUNT , FOR THE PURPOSE OF E STATE 19
	504	+	PLANNING OR QUALIFYI NG ME FOR A GOVERNME NTAL BENEFIT OR PROG RAM, WITH 20
	505	+	SUCH GIFTS TO BE MAD E IN A MANNER CONSIS TENT WITH MY EXISTIN G ESTATE 21
	506	+	PLAN, IF ANY, AND IN ACCORDANCE WI TH STATE LAW. 22
	507	+
	508	+	SPECIAL INSTRUCTIONS FOR GIFTING DESIRES – YOU MAY GIVE SPECIAL 23
	509	+	INSTRUCTIONS FOR GIF TING DESIRES ON THE FOLLOWING LINES : 24
	510	+	________________________________________________________________________________ 25
	511	+	________________________________________________________________________________ 26
	512	+	________________________________________________________________________________ 27
	513	+
	514	+	B. JOINT ACCOUNTS AND BE NEFICIARY DESIGNATIO NS – I AUTHORIZE MY 28
	515	+	AGENT TO DO ONE OR M ORE OF THE FOLLOWING ONLY IF I HAVE INITIALED 29
	516	+	BELOW: 30
	517	+
	518	+	(____) OPEN A JOINT AC COUNT WITH ME AND ON E OR MORE OTHER 31
	519	+	PERSONS AS ACCOUNT O WNERS. EACH OWNER OF A JOINT ACCOUNT HAS FULL 32
	520	+	LEGAL AUTHORITY TO U SE THE ACCOUNT FOR T HEIR OWN BENEFIT AND ON MY 33
	521	+	DEATH WILL BECOME TH E PROPERTY OF THE OT HER OWNER(S). 34
	522	+	12 SENATE BILL 851
	523	+
	524	+
	525	+	(____) CREATE OR CHANGE RIGH TS OF SURVIVORSHIP IN A CCOUNTS OR 1
	526	+	OTHER ASSETS IN WHIC H I HAVE AN INTEREST , INCLUDING FOR THE BE NEFIT OF MY 2
	527	+	AGENT, TO CHANGE A BENEFICI ARY DESIGNATION FOR ANY ACCOUNTS OR 3
	528	+	FINANCIAL INSTRUMENT S, INCLUDING LIFE INSUR ANCE POLICIES, ANNUITIES, OR 4
	529	+	RETIREMENT ACCO UNTS OF ANY NATURE ; AND TO WAIVE MY RIGH T TO BE A 5
	530	+	BENEFICIARY OF A JOI NT AND SURVIVOR ANNU ITY, INCLUDING A SURVIVOR 6
	531	+	BENEFIT UNDER A RETI REMENT PLAN OF ANY N ATURE. IN DETERMINING SUCH 7
	532	+	RIGHTS OR BENEFICIAR Y INTERESTS , MY AGENT SHALL CONSI DER TAXES , 8
	533	+	PRESERVAT ION OF GOVERNMENTAL BENEFITS OR PROGRAMS , OR STATED 9
	534	+	INTENTIONS REGARDING MY ESTATE. 10
	535	+
	536	+	DISCLAIMERS 11
	537	+
	538	+	FOR THE PURPOSES OF T AX PLANNING OR EFFEC TUATING STATED INTEN TIONS 12
	539	+	REGARDING MY ESTATE , I AUTHORIZE MY AGENT T O DISCLAIM ANY INTER EST IN 13
	540	+	PROPERTY I MIGHT OTHERWISE RECEIVE , EITHER OUTRIGHT OR I N TRUST, 14
	541	+	INCLUDING FOR THE BE NEFIT OF MY AGENT ; ANY POWERS I HAVE OVER PROPERTY 15
	542	+	OR AS A BENEFICIARY OF ANY TRUSTS (EXCLUDING ANY POWERS I POSSESS IN A 16
	543	+	FIDUCIARY CAPACITY ); AND ANY POWERS OF AP POINTMENT I HAVE OR MAY 17
	544	+	ACQUIRE EXCLUDING ANY TESTAMENTARY POWER O F APPOINTMENT THAT I 18
	545	+	CURRENTLY EXERCISE I N MY LAST WILL AND T ESTAMENT. 19
	546	+
	547	+	SPECIAL INSTRUCTIONS (OPTIONAL) 20
	548	+
	549	+	YOU MAY GIVE SPECIAL INSTRUCTIONS ON THE FOLLOWING LINES: 21
	550	+
	551	+	___________________________________________________________________________________ 22
	552	+	___________________________________________________________________________________ 23
	553	+	___________________________________________________________________________________ 24
	554	+	___________________________________________________________________________________ 25
	555	+	___________________________________________________________________________________ 26
	556	+	___________________________________________________________________________________ 27
	557	+	___________________________________________________________________________________ 28
	558	+	___________________________________________ 29
	559	+
	560	+	EFFECTIVE DATE 30
	561	+
	562	+	This power of attorney is effective immediately unless I have stated otherwise in the Special 31
	563	+	Instructions. 32
	564	+
	565	+	TERMINATION DATE (OPTIONAL) 33
	566	+
	567	+	ONLY IF I HAVE SPECIFIED A TER MINATION DATE BELOW , THIS POWER OF 34
	568	+	ATTORNEY IS DURABLE, MEANING IT SHALL CON TINUE IN FULL FORCE AND 35
	569	+	EFFECT FOR AN INDEFI NITE PERIOD OF TIME UNTIL MY REVOCATION OF THIS 36 SENATE BILL 851 13
	570	+
	571	+
	572	+	POWER OF ATTORNEY OR MY DEATH, WHICHEVE R OCCURS FIRST . I RESERVE THE 1
	573	+	RIGHT TO REVOKE THIS POWER OF ATTORNEY . THIS POWER OF ATTORNE Y SHALL 2
	574	+	NOT TERMINATE UPON M Y DISABILITY. ALL AUTHORITY OF MY A GENT(S) SHALL 3
	575	+	CONTINUE EVEN IF I BECOME DISABLED , INCOMPETENT , OR INCAPACITATED . 4
	576	+
	577	+	This power of attorney shall terminate on ______________________________, 20____. 5
	578	+	(Use a specific calendar date) 6
	579	+
	580	+	COPIES 7
	581	+
	582	+	A COPY OF THIS DOCUMEN T SHALL HAVE THE SAM E FORCE AND EFFECT A S THE 8
	583	+	ORIGINAL UNLESS PROV IDED OTHERWISE IN SP ECIAL INSTRUCTIONS . 9
	584	+
	585	+	REVOCATION 10
	586	+
	587	+	I HEREBY REVOKE ALL OTHER POW ERS OF ATTORNEY THAT I HAVE PREVIOUSLY 11
	588	+	EXECUTED. THIS SECTION DOES NOT APPLY TO POWERS OF A TTORNEY EXECUTED 12
	589	+	ON THE SAME DATE AS THIS POWER OF ATTORN EY OR TO LIMITED POW ERS OF 13
	590	+	ATTORNEY THAT APPLY TO SPECIFIC ACCOUNTS OR TO SPECIFIC PROPE RTY. 14
	591	+
	592	+	RELIANCE BY THIRD PARTIES 15
	593	+
	594	+	ANYONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE ENTITLED 16
	595	+	TO PRESUME CONCLUSIV ELY THAT IT IS IN FULL FORCE AND EFFECT UNLESS I HAVE 17
	596	+	GIVEN WRITTEN NOTICE TO THAT PERSON OR EN TITY THAT THIS POWER HAS BEEN 18
	597	+	REVOKED. NO ONE RELYING OR ACT ING UPON THIS POWER OF ATTORNEY SHALL BE 19
	598	+	REQUIRED TO SEE TO T HE APPLICATION AND D ISPOSITION OF ANY FU NDS OR OTHER 20
	599	+	PROPERTY PAID TO OR DELIVERED TO MY AGEN T OR ANY PERSONS APP OINTED BY 21
	600	+	MY AGENT. I AUTHORIZE MY AGENT T O SEEK DAMAGES A GAINST ANYONE WHO 22
	601	+	REFUSED TO HONOR THI S POWER OF ATTORNEY WITHOUT HAVING RECEI VED 23
	602	+	NOTICE THAT IT HAS B EEN REVOKED . 24
	603	+
	604	+	NOMINATION OF GUARDIAN (OPTIONAL) 25
	605	+
	606	+	If it becomes necessary for a court to appoint a guardian of my property or guardian of my 26
	607	+	person, I nominate the following person(s) for appointment: 27
	608	+
	609	+	Name of nominee for guardian of my property: __________________________________ 28
	610	+	Nominee’s address: ___________________________________________________________ 29
	611	+	Nominee’s telephone number: _________________________________________________ 30
	612	+	Name of nominee for guardian of my person: ____________________________________ 31
	613	+	Nominee’s address: ___________________________________________________________ 32
	614	+	Nominee’s telephone number: _________________________________________________ 33
	615	+
	616	+	DESIGNATION OF AGENT TO MAKE ELECTION TO TAKE ELECTIVE SHARE 34 14 SENATE BILL 851
	617	+
	618	+
	619	+	(OPTIONAL) 1
	620	+
	621	+	If I am incapacitated within the meaning of § 17–101 of the Estates and Trusts Article, I 2
	622	+	designate the following person as my agent for purposes of making the election to take an 3
	623	+	elective share of an estate subject to election under § 3–403 of the Estates and Trusts 4
	624	+	Article: 5
	625	+
	626	+	Name of designated agent: _____________________________________________________ 6
	627	+	Designated agent’s address: ____________________________________________________ 7
	628	+	Designated agent’s telephone number: __________________________________________ 8
	629	+
	630	+	SIGNATURE AND ACKNOWLEDGMENT 9
	631	+
	632	+	________________________________________ __________________________ 10
	633	+	Your Signature Date 11
	634	+
	635	+	______________________________________________________________________________ 12
	636	+	Your Name Printed 13
	637	+
	638	+	___________________________________________________________________________________ 14
	639	+	___________________________________________________________________________________ 15
	640	+	Your Address 16
	641	+
	642	+	______________________________________________________________________________ 17
	643	+	Your Telephone Number 18
	644	+
	645	+	STATE OF MARYLAND 19
	646	+	(COUNTY) OF _______________________________________________________________ 20
	647	+
	648	+	This document was acknowledged before me on 21
	649	+
	650	+	__________________________ 22
	651	+	(Date) 23
	652	+
	653	+	By ______________________________________ to be his/her act. 24
	654	+	(Name of Principal) 25
	655	+
	656	+	____________________________________________ (SEAL, IF ANY) 26
	657	+	Signature of Notary 27
	658	+
	659	+	My commission expires: _____________________ 28
	660	+
	661	+	WITNESS ATTESTATION 29
	662	+
	663	+	The foregoing power of attorney was, on the date written above, published and declared by 30
	664	+
	665	+	____________________________________________ 31 SENATE BILL 851 15
	666	+
	667	+
	668	+	(Name of Principal) 1
	669	+
	670	+	in our presence to be his/her power of attorney. We, in his/her presence and at his/her 2
	671	+	request, and in the presence of each other, have attested to the same and have signed our 3
	672	+	names as attesting witnesses. 4
	673	+
	674	+	____________________________________________ 5
	675	+	Witness #1 Signature 6
	676	+	____________________________________________ 7
	677	+	Witness #1 Name Printed 8
	678	+	____________________________________________ 9
	679	+	____________________________________________ 10
	680	+	Witness #1 Address 11
	681	+	____________________________________________ 12
	682	+	Witness #1 Telephone Number 13
	683	+
	684	+	____________________________________________ 14
	685	+	Witness #2 Signature 15
	686	+	____________________________________________ 16
	687	+	Witness #2 Name Printed 17
	688	+	____________________________________________ 18
	689	+	____________________________________________ 19
	690	+	Witness #2 Address 20
	691	+	____________________________________________ 21
	692	+	Witness #2 Telephone Number” 22
	693	+
	694	+	17–203. 23
	695	+
	696	+	“MARYLAND STATUTORY FORM LIMITED POWER OF ATTORNEY 24
	697	+
	698	+	PLEASE READ CAREFULLY 25
	699	+
	700	+	This power of attorney authorizes another person (your agent) to make decisions concerning 26
	701	+	your property for you (the principal). You need not give to your agent all the authorities 27
	702	+	listed below and may give the agent only those limited powers that you specifically indicate. 28
	703	+	This power of attorney gives your agent the right to make limited decisions for you. You 29
	704	+	should very carefully weigh your decision as to what powers you give your agent. Your 30
	705	+	agent will be able to make decisions and act with respect to your property (including your 31
	706	+	money) whether or not you are able to act for yourself. 32
	707	+
	708	+	If you choose to make a grant of limited authority, you should check the boxes that identify 33
	709	+	the specific authorization you choose to give your agent. 34
	710	+
	711	+	This power of attorney does not authorize the agent to make health care decisions for you. 35
	712	+
	713	+	You should select someone you trust to serve as your agent. Unless you specify otherwise, 36
	714	+	generally the agent’s authority will continue until you die or revoke the power of attorney 37 16 SENATE BILL 851
	715	+
	716	+
	717	+	or the agent resigns or is unable to act for you. 1
	718	+
	719	+	Your agent is not entitled to compensation unless you indicate otherwise in the special 2
	720	+	instructions of this power of attorney. If you indicate that your agent is to receive 3
	721	+	compensation, your agent is entitled to reasonable compensation or compensation as 4
	722	+	specified in the Special Instructions. 5
	723	+
	724	+	This form provides for designation of one agent. If you wish to name more than one agent 6
	725	+	you may name a coagent in the Special Instructions. Coagents are required to act together 7
	726	+	unanimously unless you specify otherwise in the Special Instructions. 8
	727	+
	728	+	If your agent is unavailable or unwilling to act for you, your power of attorney will end 9
	729	+	unless you have named a successor agent. You may also name a second successor agent. 10
	730	+
	731	+	This power of attorney becomes effective immediately unless you state otherwise in the 11
	732	+	Special Instructions. 12
	733	+
	734	+	If you have questions about the power of attorney or the authority you are granting to your 13
	735	+	agent, you should seek legal advice before signing this form. 14
	736	+
	737	+	DESIGNATION OF AGENT 15
	738	+
	739	+	This section of the form provides for designation of one agent. 16
	740	+
	741	+	If you wish to name coagents, skip this section and use the next section (“Designation of 17
	742	+	Coagents”). 18
	743	+
	744	+	I, ___________________________________________________, name the following person 19
	745	+	(Name of Principal) 20
	746	+	as my agent: 21
	747	+
	748	+	Name of 22
	749	+	Agent: _______________________________________________________________________ 23
	750	+	Agent’s 24
	751	+	Address: _____________________________________________________________________ 25
	752	+	Agent’s Telephone 26
	753	+	Number: _____________________________________________________________________ 27
	754	+
	755	+	DESIGNATION OF COAGENTS (OPTIONAL) 28
	756	+
	757	+	This section of the form provides for designation of two or more coagents. Coagents are 29
	758	+	required to act together unanimously unless you otherwise provide in this form. 30
	759	+
	760	+	I, ___________________________________________________________________________, 31
	761	+
	762	+	(Name of Principal) 32
	763	+	SENATE BILL 851 17
	764	+
	765	+
	766	+	Name the following persons as coagents: 1
	767	+
	768	+	Name of Coagent: ____________________________________________________________ 2
	769	+
	770	+	Coagent’s Address: ___________________________________________________________ 3
	771	+
	772	+	Coagent’s Telephone Number: _________________________________________________ 4
	773	+
	774	+	Name of Coagent: ____________________________________________________________ 5
	775	+
	776	+	Coagent’s Address: ___________________________________________________________ 6
	777	+
	778	+	Coagent’s Telephone Number: _________________________________________________ 7
	779	+
	780	+	Special Instructions Regarding Coagents: ____________________________________________ 8
	781	+	___________________________________________________________________________________ 9
	782	+	___________________________________________________________________________________ 10
	783	+	___________________________________________________________________________________ 11
	784	+
	785	+	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL) 12
	786	+
	787	+	If my agent is unable or unwilling to act for me, I name as my successor agent: 13
	788	+
	789	+	Name of Successor Agent: _____________________________________________________ 14
	790	+	Successor Agent’s 15
	791	+	Address: _____________________________________________________________________ 16
	792	+	Successor Agent’s Telephone Number: __________________________________________ 17
	793	+
	794	+	If my successor agent is unable or unwilling to act for me, I name as my second successor 18
	795	+	agent: 19
	796	+
	797	+	Name of Second Successor 20
	798	+	Agent: _______________________________________________________________________ 21
	799	+	Second Successor Agent’s 22
	800	+	Address: _____________________________________________________________________ 23
	801	+	Second Successor Agent’s Telephone Number: ___________________________________ 24
	802	+
	803	+	GRANT OF GENERAL AUTHORITY 25
	804	+
	805	+	I (“the principal”) grant my agent and any successor agent, with respect to each subject 26
	806	+	that I choose below, the authority to do all acts that I could do to: 27
	807	+
	808	+	(1) Demand, receive, and obtain by litigation or otherwise, money or 28
	809	+	another thing of value to which the principal is, may become, or claims to be entitled, and 29
	810	+	conserve, invest, disburse, or use anything so received or obtained for the purposes 30
	811	+	intended; 31
	812	+	18 SENATE BILL 851
	813	+
	814	+
	815	+	(2) Contract with another person, on terms agreeable to the agent, to 1
	816	+	accomplish a purpose of a transaction and perform, rescind, cancel, terminate, reform, 2
	817	+	restate, release, or modify the contract or another contract made by or on behalf of the 3
	818	+	principal; 4
	819	+
	820	+	(3) Execute, acknowledge, seal, deliver, file, or record any instrument or 5
	821	+	communication the agent considers desirable to accomplish a purpose of a transaction, 6
	822	+	including creating a schedule contemporaneously or at a later time listing some or all of the 7
	823	+	principal’s property and attaching the schedule to this power of attorney; 8
	824	+
	825	+	(4) Initiate, participate in, submit to alternative dispute resolution, settle, 9
	826	+	oppose, or propose or accept a compromise with respect to a claim existing in favor of or 10
	827	+	against the principal or intervene in litigation relating to the claim; 11
	828	+
	829	+	(5) Seek on the principal’s behalf the assistance of a court or other 12
	830	+	governmental agency to carry out an act authorized in this power of attorney; 13
	831	+
	832	+	(6) Engage, compensate, and dischar ge an attorney, accountant, 14
	833	+	discretionary investment manager, expert witness, or other advisor; 15
	834	+
	835	+	(7) Prepare, execute, and file a record, report, or other document to 16
	836	+	safeguard or promote the principal’s interest under a statute or regulation; 17
	837	+
	838	+	(8) Communicate with representatives or employees of a government or 18
	839	+	governmental subdivision, agency, or instrumentality, on behalf of the principal; 19
	840	+
	841	+	(9) Access communications intended for, and communicate on behalf of the 20
	842	+	principal, whether by mail, electronic transmission, telephone, or other means; and 21
	843	+
	844	+	(10) Do lawful acts with respect to the subject and all property related to the 22
	845	+	subject. 23
	846	+
	847	+	(INITIAL each authority in any subject you want to include in the agent’s general 24
	848	+	authority. Cross through each authority in any subject that you want to exclude. If you 25
	849	+	wish to grant general authority over an entire subject, you may initial “All of the above” 26
	850	+	instead of initialing each authority.) 27
	851	+
	852	+	SUBJECTS AND AUTHORITY 28
	853	+
	854	+	A. Real Property – With respect to this category, I authorize my agent to: 29
	855	+
	856	+	(___) Demand, buy, lease, receive, accept as a gift or as security for an 30
	857	+	extension of credit, or otherwise acquire or reject an interest in real property or a right 31
	858	+	incident to real property 32
	859	+
	860	+	(___) Sell, exchange, convey with or without covenants, representations, or 33
	861	+	warranties, quitclaim, release, surrender, retain title for security, encumber, partition, 34 SENATE BILL 851 19
	862	+
	863	+
	864	+	consent to partitioning, subject to an easement or covenant, subdivide, apply for zoning or 1
	865	+	other governmental permits, plat or consent to platting, develop, grant an option 2
	866	+	concerning, lease, sublease, contribute to an entity in exchange for an interest in that 3
	867	+	entity, or otherwise grant or dispose of an interest in real property or a right incident to 4
	868	+	real property 5
	869	+
	870	+	(___) Pledge or mortgage an interest in real property or right incident to real 6
	871	+	property as security to borrow money or pay, renew, or extend the time of payment of a 7
	872	+	debt of the principal or a debt guaranteed by the principal, including a reverse mortgage 8
	873	+
	874	+	(___) Release, assign, satisfy, or enforce by litigation or otherwise a 9
	875	+	mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim to real 10
	876	+	property that exists or is asserted 11
	877	+
	878	+	(___) Manage or conserve an interest in real property or a right incident to 12
	879	+	real property owned or claimed to be owned by the principal, including: 13
	880	+
	881	+	(1) Insuring against liability or casualty or other loss; 14
	882	+
	883	+	(2) Obtaining or regaining possession of or protecting the interest or 15
	884	+	right by litigation or otherwise; 16
	885	+
	886	+	(3) Paying, assessing, compromising, or contesting taxes or 17
	887	+	assessments or applying for and receiving refunds in connection with them; and 18
	888	+
	889	+	(4) Purchasing supplies, hiring assistance or labor, and making 19
	890	+	repairs or alterations to the real property 20
	891	+
	892	+	(___) Use, develop, alter, replace, remove, erect, or install structures or other 21
	893	+	improvements on real property in or incident to which the principal has, or claims to have, 22
	894	+	an interest or right 23
	895	+
	896	+	(___) Participate in a reorganization with respect to real property or an entity 24
	897	+	that owns an interest in or a right incident to real property and receive, hold, and act with 25
	898	+	respect to stocks and bonds or other property received in a plan of reorganization, including: 26
	899	+
	900	+	(1) Selling or otherwise disposing of the stocks and bonds or other 27
	901	+	property; 28
	902	+
	903	+	(2) Exercising or selling an option, a right of conversion, or a similar 29
	904	+	right with respect to the stocks and bonds or other property; and 30
	905	+
	906	+	(3) Exercising voting rights in person or by proxy 31
	907	+
	908	+	(___) Change the form of title of an interest in or a right incident to real 32
	909	+	property 33
	910	+	20 SENATE BILL 851
	911	+
	912	+
	913	+	(___) Dedicate to public use, with or without consideration, easements or 1
	914	+	other real property in which the principal has, or claims to have, an interest 2
	915	+
	916	+	(___) All of the above 3
	917	+
	918	+	B. Tangible Personal Property – With respect to this subject, I authorize my 4
	919	+	agent to: 5
	920	+
	921	+	(___) Demand, buy, receive, accept as a gift or as security for an extension of 6
	922	+	credit, or otherwise acquire or reject ownership or possession of tangible personal property 7
	923	+	or an interest in tangible personal property 8
	924	+
	925	+	(___) Sell, exchange, convey with or without covenants, representations, or 9
	926	+	warranties, quitclaim, release, surrender, create a security interest in, grant options 10
	927	+	concerning, lease, sublease, or otherwise dispose of tangible personal property or an 11
	928	+	interest in tangible personal property 12
	929	+
	930	+	(___) Grant a security interest in tangible personal property or an interest in 13
	931	+	tangible personal property as security to borrow money or pay, renew, or extend the time 14
	932	+	of payment of a debt of the principal or a debt guaranteed by the principal 15
	933	+
	934	+	(___) Release, assign, satisfy, or enforce by litigation or otherwise, a security 16
	935	+	interest, lien, or other claim on behalf of the principal, with respect to tangible personal 17
	936	+	property or an interest in tangible personal property 18
	937	+
	938	+	(___) Manage or conserve tangible personal property or an interest in 19
	939	+	tangible personal property on behalf of the principal, including: 20
	940	+
	941	+	(1) Insuring against liability or casualty or other loss; 21
	942	+
	943	+	(2) Obtaining or regaining possession of or protecting the property 22
	944	+	or interest, by litigation or otherwise; 23
	945	+
	946	+	(3) Paying, assessing, compromising, or contesting taxes or 24
	947	+	assessments or applying for and receiving refunds in connection with taxes or assessments; 25
	948	+
	949	+	(4) Moving the property from place to place; 26
	950	+
	951	+	(5) Storing the property for hire or on a gratuitous bailment; and 27
	952	+
	953	+	(6) Using and making repairs, alterations, or improvements to the 28
	954	+	property 29
	955	+
	956	+	(___) Change the form of title of an interest in tangible personal property 30
	957	+
	958	+	(___) All of the above 31
	959	+	SENATE BILL 851 21
	960	+
	961	+
	962	+	C. Stocks and Bonds – With respect to this subject, I authorize my agent to: 1
	963	+
	964	+	(___) Buy, sell, and exchange stocks and bonds 2
	965	+
	966	+	(___) Establish, continue, modify, or terminate an account with respect to 3
	967	+	stocks and bonds 4
	968	+
	969	+	(___) Pledge stocks and bonds as security to borrow, pay, renew, or extend 5
	970	+	the time of payment of a debt of the principal 6
	971	+
	972	+	(___) Receive certificates and other evidences of ownership with respect to 7
	973	+	stocks and bonds 8
	974	+
	975	+	(___) Exercise voting rights with respect to stocks and bonds in person or by 9
	976	+	proxy, enter into voting trusts, and consent to limitations on the right to vote 10
	977	+
	978	+	(___) All of the above 11
	979	+
	980	+	D. Commodities – With respect to this subject, I authorize my agent to: 12
	981	+
	982	+	(___) Buy, sell, exchange, assign, settle, and exercise commodity futures 13
	983	+	contracts and call or put options on stocks or stock indexes traded on a regulated option 14
	984	+	exchange 15
	985	+
	986	+	(___) Establish, continue, modify, and terminate option accounts 16
	987	+
	988	+	(___) All of the above 17
	989	+
	990	+	E. Banks and Other Financial Institutions – With respect to this subject, I 18
	991	+	authorize my agent to: 19
	992	+
	993	+	(___) Continue, modify, transact all business in connection with, and 20
	994	+	terminate an account or other banking arrangement made by or on behalf of the principal 21
	995	+
	996	+	(___) Establish, modify, transact all business in connection with, and 22
	997	+	terminate an account or other banking arrangement with a bank, trust company, savings 23
	998	+	and loan association, credit union, thrift company, brokerage firm, or other financial 24
	999	+	institution selected by the agent 25
	1000	+
	1001	+	(___) Contract for services available from a financial institution, including 26
	1002	+	renting a safe deposit box or space in a vault 27
	1003	+
	1004	+	(___) Deposit by check, money order, electronic funds transfer, or otherwise 28
	1005	+	with, or leave in the custody of, a financial institution money or property of the principal 29
	1006	+
	1007	+	(___) Withdraw, by check, money order, electronic funds transfer, or 30
	1008	+	otherwise, money or property of the principal deposited with or left in the custody of a 31 22 SENATE BILL 851
	1009	+
	1010	+
	1011	+	financial institution 1
	1012	+
	1013	+	(___) Receive statements of account, vouchers, notices, and similar 2
	1014	+	documents from a financial institution and act with respect to them 3
	1015	+
	1016	+	(___) Enter a safe deposit box or vault and withdraw or add to the contents 4
	1017	+
	1018	+	(___) Borrow money and pledge as security personal property of the principal 5
	1019	+	necessary to borrow money or pay, renew, or extend the time of payment of a debt of the 6
	1020	+	principal or a debt guaranteed by the principal 7
	1021	+
	1022	+	(___) Make, assign, draw, endorse, discount, guarantee, and negotiate 8
	1023	+	promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of the 9
	1024	+	principal or payable to the principal or the principal’s order, transfer money, receive the 10
	1025	+	cash or other proceeds of those transactions, and accept a draft drawn by a person on the 11
	1026	+	principal and pay the draft when due 12
	1027	+
	1028	+	(___) Receive for the principal and act on a sight draft, warehouse receipt, 13
	1029	+	other document of title whether tangible or electronic, or other negotiable or nonnegotiable 14
	1030	+	instrument 15
	1031	+
	1032	+	(___) Apply for, receive, and use letters of credit, credit cards and debit cards, 16
	1033	+	electronic transaction authorizations, and traveler’s checks from a financial institution and 17
	1034	+	give an indemnity or other agreement in connection with letters of credit 18
	1035	+
	1036	+	(___) Consent to an extension of the time of payment with respect to 19
	1037	+	commercial paper or a financial transaction with a financial institution 20
	1038	+
	1039	+	(___) All of the above 21
	1040	+
	1041	+	F. Operation of an Entity or a Business – With respect to this subject, I authorize 22
	1042	+	my agent to: 23
	1043	+
	1044	+	(___) Operate, buy, sell, enlarge, reduce, or terminate an ownership interest 24
	1045	+
	1046	+	(___) Perform a duty or discharge a liability and exercise in person or by 25
	1047	+	proxy a right, power, privilege, or an option that the principal has, may have, or claims to 26
	1048	+	have 27
	1049	+
	1050	+	(___) Enforce the terms of an ownership agreement 28
	1051	+
	1052	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 29
	1053	+	oppose, or propose or accept a compromise with respect to litigation to which the principal 30
	1054	+	is a party because of an ownership interest 31
	1055	+
	1056	+	(___) Exercise in person or by proxy, or enforce by litigation or otherwise, a 32
	1057	+	right, power, privilege, or an option the principal has or claims to have as the holder of 33 SENATE BILL 851 23
	1058	+
	1059	+
	1060	+	stocks and bonds 1
	1061	+
	1062	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 2
	1063	+	oppose, or propose or accept a compromise with respect to litigation to which the principal 3
	1064	+	is a party concerning stocks and bonds 4
	1065	+
	1066	+	(___) With respect to an entity or business owned solely by the principal: 5
	1067	+
	1068	+	(1) Continue, modify, renegotiate, extend, and terminate a contract 6
	1069	+	made by or on behalf of the principal with respect to the entity or business before execution 7
	1070	+	of this power of attorney; 8
	1071	+
	1072	+	(2) Determine: 9
	1073	+
	1074	+	(i) The location of the operation of the entity or business; 10
	1075	+
	1076	+	(ii) The nature and extent of the business of the entity or 11
	1077	+	business; 12
	1078	+
	1079	+	(iii) The methods of manufacturing, selling, merchandising, 13
	1080	+	financing, accounting, and advertising employed in the operation of the entity or business; 14
	1081	+
	1082	+	(iv) The amount and types of insurance carried by the entity 15
	1083	+	or business; and 16
	1084	+
	1085	+	(v) The mode of engaging, compensating, and dealing with the 17
	1086	+	employees and accountants, attorneys, or other advisors of the entity or business; 18
	1087	+
	1088	+	(3) Change the name or form of organization under which the entity 19
	1089	+	or business is operated and enter into an ownership agreement with other persons to take 20
	1090	+	over all or part of the operation of the entity or business; and 21
	1091	+
	1092	+	(4) Demand and receive money due or claimed by the principal or on 22
	1093	+	the principal’s behalf in the operation of the entity or business and control and disburse the 23
	1094	+	money in the operation of the entity or business 24
	1095	+
	1096	+	(___) Put additional capital into an entity or a business in which the principal 25
	1097	+	has an interest 26
	1098	+
	1099	+	(___) Join in a plan of reorganization, consolidation, conversion, 27
	1100	+	domestication, or merger of the entity or business 28
	1101	+
	1102	+	(___) Sell or liquidate all or part of an entity or business 29
	1103	+
	1104	+	(___) Establish the value of an entity or a business under a buyout agreement 30
	1105	+	to which the principal is a party 31
	1106	+	24 SENATE BILL 851
	1107	+
	1108	+
	1109	+	(___) Prepare, sign, file, and deliver reports, compilations of information, 1
	1110	+	returns, or other papers with respect to an entity or business and make related payments 2
	1111	+
	1112	+	(___) Pay, compromise, or contest taxes, assessments, fines, or penalties and 3
	1113	+	perform other acts to protect the principal from illegal or unnecessary taxation, 4
	1114	+	assessments, fines, or penalties, with respect to an entity or a business, including attempts 5
	1115	+	to recover, as permitted by law, money paid before or after the execution of this power of 6
	1116	+	attorney 7
	1117	+
	1118	+	(___) All of the above 8
	1119	+
	1120	+	G. Insurance and Annuities – With respect to this subject, I authorize my agent 9
	1121	+	to: 10
	1122	+
	1123	+	(___) Continue, pay the premium or make a contr ibution on, modify, 11
	1124	+	exchange, rescind, release, or terminate a contract procured by or on behalf of the principal 12
	1125	+	that insures or provides an annuity to either the principal or another person, whether or 13
	1126	+	not the principal is a beneficiary under the contract 14
	1127	+
	1128	+	(___) Procure new, different, and additional contracts of insurance and 15
	1129	+	annuities for the principal and the principal’s spouse, children, and other dependents, and 16
	1130	+	select the amount, type of insurance or annuity, and mode of payment 17
	1131	+
	1132	+	(___) Pay the premium or make a contribution on, modify, exchange, rescind, 18
	1133	+	release, or terminate a contract of insurance or annuity procured by the agent 19
	1134	+
	1135	+	(___) Apply for and receive a loan secured by a contract of insurance or 20
	1136	+	annuity 21
	1137	+
	1138	+	(___) Surrender and receive the cash surrender value on a contract of 22
	1139	+	insurance or annuity 23
	1140	+
	1141	+	(___) Exercise an election 24
	1142	+
	1143	+	(___) Exercise investment powers available under a contract of insurance or 25
	1144	+	annuity 26
	1145	+
	1146	+	(___) Change the manner of paying premiums on a contract of insurance or 27
	1147	+	annuity 28
	1148	+
	1149	+	(___) Change or convert the type of insurance or annuity with respect to 29
	1150	+	which the principal has or claims to have authority described in this section 30
	1151	+
	1152	+	(___) Apply for and procure a benefit or assistance under a statute or 31
	1153	+	regulation to guarantee or pay premiums of a contract of insurance on the life of the 32
	1154	+	principal 33
	1155	+	SENATE BILL 851 25
	1156	+
	1157	+
	1158	+	(___) Collect, sell, assign, hypothecate, borrow against, or pledge the interest 1
	1159	+	of the principal in a contract of insurance or annuity 2
	1160	+
	1161	+	(___) Select the form and timing of the payment of proceeds from a contract 3
	1162	+	of insurance or annuity 4
	1163	+
	1164	+	(___) Pay, from proceeds or otherwise, compromise or contest, and apply for 5
	1165	+	refunds in connection with a tax or assessment levied by a taxing authority with respect to 6
	1166	+	a contract of insurance or annuity or the proceeds or liability from the contract of insurance 7
	1167	+	or annuity accruing by reason of the tax or assessment 8
	1168	+
	1169	+	(___) All of the above 9
	1170	+
	1171	+	H. Estates, Trusts, and Other Beneficial Interests (including trusts, probate 10
	1172	+	estates, guardianships, conservatorships, escrows, or custodianships or funds from which 11
	1173	+	the principal is, may become, or claims to be entitled to a share or payment) – With respect 12
	1174	+	to this subject, I authorize my agent to: 13
	1175	+
	1176	+	(___) Accept, receive, receipt for, sell, assign, pledge, or exchange a share in 14
	1177	+	or payment from the fund described above 15
	1178	+
	1179	+	(___) Demand or obtain money or another thing of value to which the 16
	1180	+	principal is, may become, or claims to be entitled by reason of the fund described above, by 17
	1181	+	litigation or otherwise 18
	1182	+
	1183	+	(___) Exercise for the benefit of the principal a presently exercisable general 19
	1184	+	power of appointment held by the principal 20
	1185	+
	1186	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 21
	1187	+	oppose, or propose or accept a compromise with respect to litigation to ascertain the 22
	1188	+	meaning, validity, or effect of a deed, will, declaration of trust, or other instrument or 23
	1189	+	transaction affecting the interest of the principal 24
	1190	+
	1191	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 25
	1192	+	oppose, or propose or accept a compromise with respect to litigation to remove, substitute, 26
	1193	+	or surcharge a fiduciary 27
	1194	+
	1195	+	(___) Conserve, invest, disburse, or use anything received for an authorized 28
	1196	+	purpose 29
	1197	+
	1198	+	(___) Transfer an interest of the principal in real property, stocks and bonds, 30
	1199	+	accounts with financial institutions or securities intermediaries, insurance, annuities, and 31
	1200	+	other property to the trustee of a revocable trust created by the principal as settlor 32
	1201	+
	1202	+	(___) Reject, renounce, disclaim, release, or consent to a reduction in or 33
	1203	+	modification of a share in or payment from the fund described above 34
	1204	+	26 SENATE BILL 851
	1205	+
	1206	+
	1207	+	(___) Elect to take an elective share of an estate subject to election under § 1
	1208	+	3–403 of the Estates and Trusts Article 2
	1209	+
	1210	+	(___) All of the above 3
	1211	+
	1212	+	I. Claims and Litigation – With respect to this subject, I authorize my agent to: 4
	1213	+
	1214	+	(___) Assert and maintain before a court or administrative agency a claim, 5
	1215	+	claim for relief, cause of action, counterclaim, offset, recoupment, or defense, including an 6
	1216	+	action to recover property or other thing of value, recover damages sustained by the 7
	1217	+	principal, eliminate or modify tax liability, or seek an injunction, specific performance, or 8
	1218	+	other relief 9
	1219	+
	1220	+	(___) Bring an action to determine adverse claims or intervene or otherwise 10
	1221	+	participate in litigation 11
	1222	+
	1223	+	(___) Seek an attachment, garnishment, order of arrest, or other preliminary, 12
	1224	+	provisional, or intermediate relief and use an available procedure to effect or satisfy a 13
	1225	+	judgment, order, or decree 14
	1226	+
	1227	+	(___) Make or accept a tender, offer of judgment, or admission of facts, submit 15
	1228	+	a controversy on an agreed statement of facts, consent to examination, and bind the 16
	1229	+	principal in litigation 17
	1230	+
	1231	+	(___) Submit to alternative dispute resolution, settle, and propose or accept 18
	1232	+	a compromise 19
	1233	+
	1234	+	(___) Waive the issuance and service of process on the principal, accept 20
	1235	+	service of process, appear for the principal, designate persons on which process directed to 21
	1236	+	the principal may be served, execute and file or deliver stipulations on the principal’s 22
	1237	+	behalf, verify pleadings, seek appellate review, procure and give surety and indemnity 23
	1238	+	bonds, contract and pay for the preparation and printing of records and briefs, receive, 24
	1239	+	execute, and file or deliver a consent, waiver, release, confession of judgment, satisfaction 25
	1240	+	of judgment, notice, agreement, or other instrument in connection with the prosecution, 26
	1241	+	settlement, or defense of a claim or litigation 27
	1242	+
	1243	+	(___) Act for the principal with respect to bankruptcy or insolvency, whether 28
	1244	+	voluntary or involuntary, concerning the principal or some other person, or with respect to 29
	1245	+	a reorganization, receivership, or application for the appointment of a receiver or trustee 30
	1246	+	that affects an interest of the principal in property or other thing of value 31
	1247	+
	1248	+	(___) Pay a judgment, award, or order against the principal or a settlement 32
	1249	+	made in connection with a claim or litigation 33
	1250	+
	1251	+	(___) Receive money or other thing of value paid in settlement of or as 34
	1252	+	proceeds of a claim or litigation 35
	1253	+	SENATE BILL 851 27
	1254	+
	1255	+
	1256	+	(___) All of the above 1
	1257	+
	1258	+	J. Personal and Family Maintenance – With respect to this subject, I authorize 2
	1259	+	my agent to: 3
	1260	+
	1261	+	(___) Perform the acts necessary to maintain the customary standard of 4
	1262	+	living of the principal, the principal’s spouse, and the following individuals, whether living 5
	1263	+	when this power of attorney is executed or later born: 6
	1264	+
	1265	+	(1) The principal’s children; 7
	1266	+
	1267	+	(2) Other individuals legally entitled to be supported by the 8
	1268	+	principal; and 9
	1269	+
	1270	+	(3) The individuals whom the principal has customarily supported 10
	1271	+	or indicated the intent to support; 11
	1272	+
	1273	+	(___) Make periodic payments of child support and other family maintenance 12
	1274	+	required by a court or governmental agency or an agreement to which the principal is a 13
	1275	+	party 14
	1276	+
	1277	+	(___) Provide living quarters for the individuals described above by: 15
	1278	+
	1279	+	(1) Purchase, lease, or other contract; or 16
	1280	+
	1281	+	(2) Paying the operating costs, including interest, amortization 17
	1282	+	payments, repairs, improvements, and taxes, for premises owned by the principal or 18
	1283	+	occupied by those individuals 19
	1284	+
	1285	+	(___) Provide normal domestic help, usual vacations and travel expenses, and 20
	1286	+	funds for shelter, clothing, food, appropriate education, including postsecondary and 21
	1287	+	vocational education, and other current living costs for the individuals described above 22
	1288	+
	1289	+	(___) Pay expenses for necessary health care and custodial care on behalf of 23
	1290	+	the individuals described above 24
	1291	+
	1292	+	(___) Act as the principal’s personal representative in accordance with the 25
	1293	+	Health Insurance Portability and Accountability Act, §§ 1171 through 1179 of the Social 26
	1294	+	Security Act, 42 U.S.C. § 1320d, and applicable regulations in making decisions related to 27
	1295	+	the past, present, or future payment for the provision of health care consented to by the 28
	1296	+	principal or anyone authorized under the law of this State to consent to health care on 29
	1297	+	behalf of the principal 30
	1298	+
	1299	+	(___) Continue provisions made by the principal for automobiles or other 31
	1300	+	means of transportation, including registering, licensing, insuring, and replacing the 32
	1301	+	means of transportation, for the individuals described above 33
	1302	+	28 SENATE BILL 851
	1303	+
	1304	+
	1305	+	(___) Maintain credit and debit accounts for the convenience of the 1
	1306	+	individuals described above and open new accounts 2
	1307	+
	1308	+	(___) Continue payments incidental to the membership or affiliation of the 3
	1309	+	principal in a religious institution, club, society, order, or other organization or to continue 4
	1310	+	contributions to those organizations 5
	1311	+
	1312	+	(NOTE: Authority with respect to personal and family maintenance is neither 6
	1313	+	dependent on, nor limited by, authority that an agent may or may not have with respect to 7
	1314	+	gifts under this power of attorney.) 8
	1315	+
	1316	+	(___) All of the above 9
	1317	+
	1318	+	K. Benefits from Governmental Programs or Civil or Military Service (including 10
	1319	+	any benefit, program, or assistance provided under a statute or regulation including Social 11
	1320	+	Security, Medicare, and Medicaid) – With respect to this subject, I authorize my agent to: 12
	1321	+
	1322	+	(___) Execute vouchers in the name of the principal for allowances and 13
	1323	+	reimbursements payable by the United States or a foreign government or by a state or 14
	1324	+	subdivision of a state to the principal, including allowances and reimbursements for 15
	1325	+	transportation of the individuals described in “J. Personal and Family Maintenance” above, 16
	1326	+	and for shipment of the household effects of those individuals 17
	1327	+
	1328	+	(___) Take possession and order the removal and shipment of property of the 18
	1329	+	principal from a post, warehouse, depot, dock, or other place of storage or safekeeping, 19
	1330	+	either governmental or private, and execute and deliver a release, voucher, receipt, bill of 20
	1331	+	lading, shipping ticket, certificate, or other instrument for that purpose 21
	1332	+
	1333	+	(___) PERFORM THE ACTS NECE SSARY TO ENABLE THE PRINCIPAL TO 22
	1334	+	QUALIFY FOR A GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING OBTAINING 23
	1335	+	PERSONAL AND FINANCI AL RECORDS AND , TO THE EXTENT SP ECIFICALLY 24
	1336	+	AUTHORIZED BELOW , TO TRANSFER OR GIFT THE PRINCIPAL’S PROPERTY 25
	1337	+
	1338	+	(___) Enroll in, apply for, select, reject, change, amend, or discontinue, on the 26
	1339	+	principal’s behalf, a GOVERNMENTAL benefit or program 27
	1340	+
	1341	+	(___) Prepare, file, and maintain a claim of the principal for a benefit or 28
	1342	+	assistance, financial or otherwise, to which the principal may be entitled under a statute 29
	1343	+	or regulation 30
	1344	+
	1345	+	(___) Initiate, participate in, submit to alternative dispute resolution, settle, 31
	1346	+	oppose, or propose or accept a compromise with respect to litigation concerning a benefit or 32
	1347	+	assistance the principal may be entitled to receive under a statute or regulation 33
	1348	+
	1349	+	(___) Receive the financial proceeds of a claim described above and conserve, 34
	1350	+	invest, disburse, or use for a lawful purpose anything so received 35
	1351	+	SENATE BILL 851 29
	1352	+
	1353	+
	1354	+	(___) All of the above 1
	1355	+
	1356	+	L. Retirement Plans (including a plan or account created by an employer, the 2
	1357	+	principal, or another individual to provide retirement benefits or deferred compensation of 3
	1358	+	which the principal is a participant, beneficiary, or owner, including a plan or account 4
	1359	+	under the following sections of the Internal Revenue Code: 5
	1360	+
	1361	+	(1) An individual retirement account under Internal Revenue Code Section 6
	1362	+	408, 26 U.S.C. § 408; 7
	1363	+
	1364	+	(2) A Roth individual retirement account under Internal Revenue Code 8
	1365	+	Section 408A, 26 U.S.C. § 408A; 9
	1366	+
	1367	+	(3) A deemed individual retirement account under Internal Revenue Code 10
	1368	+	Section 408(q), 26 U.S.C. § 408(q); 11
	1369	+
	1370	+	(4) An annuity or mutual fund custodial account under Internal Revenue 12
	1371	+	Code Section 403(b), 26 U.S.C. § 403(b); 13
	1372	+
	1373	+	(5) A pension, profit–sharing, stock bonus, or other retirement plan 14
	1374	+	qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a); 15
	1375	+
	1376	+	(6) A plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b); 16
	1377	+	and 17
	1378	+
	1379	+	(7) A nonqualified deferred compensation plan under Internal Revenue 18
	1380	+	Code Section 409A, 26 U.S.C. § 409A) – With respect to this subject, I authorize my agent 19
	1381	+	to: 20
	1382	+
	1383	+	(___) Select the form and timing of payments under a retirement plan and 21
	1384	+	withdraw benefits from a plan 22
	1385	+
	1386	+	(___) Make a rollover, including a direct trustee–to–trustee rollover, of 23
	1387	+	benefits from one retirement plan to another 24
	1388	+
	1389	+	(___) Establish a retirement plan in the principal’s name 25
	1390	+
	1391	+	(___) Make contributions to a retirement plan 26
	1392	+
	1393	+	(___) Exercise investment powers available under a retirement plan 27
	1394	+
	1395	+	(___) Borrow from, sell assets to, or purchase assets from a retirement plan 28
	1396	+
	1397	+	(___) All of the above 29
	1398	+
	1399	+	M. Taxes – With respect to this subject, I authorize my agent to: 30
	1400	+	30 SENATE BILL 851
	1401	+
	1402	+
	1403	+	(___) Prepare, sign, and file federal, state, local, and foreign income, gift, 1
	1404	+	payroll, property, Federal Insurance Contributions Act, and other tax returns, claims for 2
	1405	+	refunds, requests for extension of time, petitions regarding tax matters, and other 3
	1406	+	tax–related documents, including receipts, offers, waivers, consents, including consents 4
	1407	+	and agreements under Internal Revenue Code Section 2032A, 26 U.S.C. § 2032A, closing 5
	1408	+	agreements, and other powers of attorney required by the Internal Revenue Service or other 6
	1409	+	taxing authority with respect to a tax year on which the statute of limitations has not run 7
	1410	+	and the following 25 tax years 8
	1411	+
	1412	+	(___) Pay taxes due, collect refunds, post bonds, receive confidential 9
	1413	+	information, and contest deficiencies determined by the Internal Revenue Service or other 10
	1414	+	taxing authority 11
	1415	+
	1416	+	(___) Exercise elections available to the principal under federal, state, local, 12
	1417	+	or foreign tax law 13
	1418	+
	1419	+	(___) Act for the principal in all tax matters for all periods before the Internal 14
	1420	+	Revenue Service, or other taxing authority 15
	1421	+
	1422	+	(___) All of the above 16
	1423	+
	1424	+	N. Gifts [(including gifts to] AND TRANSFERS – WITH RESPECT TO THIS 17
	1425	+	SUBJECT, I AUTHORIZE MY AGENT T O: 18
	1426	+
	1427	+	(___) MAKE A GIFT OR TRANSF ER TO A PERSON, OR CREATE AND FUND 19
	1428	+	FOR THE BENEFIT OF A PERSON, INCLUDING THE PRINCI PAL, a trust, an account under 20
	1429	+	the Uniform Transfers to Minors Act, a tuition savings account or prepaid tuition plan as 21
	1430	+	defined under Internal Revenue Code Section 529, 26 U.S.C. § 529, [and] an ABLE account 22
	1431	+	as defined under Internal Revenue Code Section 529A, 26 U.S.C. § 529A[) – With respect 23
	1432	+	to this subject, I authorize my agent to: 24
	1433	+
	1434	+	(___) Make outright to, or for the benefit of, a person, a gift], OR A SPECIAL 25
	1435	+	NEEDS TRUST OR ANY T RUST AUTHORIZED UNDE R § 1917 OF THE FEDERAL SOCIAL 26
	1436	+	SECURITY ACT, of part or all of the principal’s property, including by the exercise of a 27
	1437	+	presently exercisable general power of appointment held by the principal, in an amount for 28
	1438	+	each donee not to exceed the annual dollar limits of the federal gift tax exclusion under 29
	1439	+	Internal Revenue Code Section 2503(b), 26 U.S.C. § 2503(b), without regard to whether the 30
	1440	+	federal gift tax exclusion applies to the gift, or if the principal’s spouse agrees to consent to 31
	1441	+	a split gift pursuant to Internal Revenue Code Section 2513, 26 U.S.C. § 2513, in an amount 32
	1442	+	for each donee not to exceed twice the annual federal gift tax exclusion limit 33
	1443	+
	1444	+	(___) Consent, pursuant to Internal Revenue Code Section 2513, 26 U.S.C. § 34
	1445	+	2513, to the splitting of a gift made by the principal’s spouse in an amount for each donee 35
	1446	+	not to exceed the aggregate annual gift tax exclusions for both spouses 36
	1447	+
	1448	+	(NOTE: An agent may only make a gift of the principal’s property as the agent 37 SENATE BILL 851 31
	1449	+
	1450	+
	1451	+	determines is consistent with the principal’s objectives if actually known by the agent and, 1
	1452	+	if unknown, as the agent determines is consistent with the principal’s best interest based 2
	1453	+	on all relevant factors, including: 3
	1454	+
	1455	+	(1) The value and nature of the principal’s property; 4
	1456	+
	1457	+	(2) The principal’s foreseeable obligations and need for maintenance; 5
	1458	+
	1459	+	(3) Minimization of taxes, including income, estate, inheritance, 6
	1460	+	generation–skipping transfer, and gift taxes; 7
	1461	+
	1462	+	(4) Eligibility for a benefit, a program, or assistance under a statute or 8
	1463	+	regulation; and 9
	1464	+
	1465	+	(5) The principal’s personal history of making or joining in making gifts.) 10
	1466	+
	1467	+	(___) All of the above 11
	1468	+
	1469	+	GRANT OF SPECIFIC AUTHORITY (OPTIONAL) 12
	1470	+
	1471	+	[My agent MAY NOT] IN ADDITION, MY AGENT MAY do any of the following specific acts 13
	1472	+	for me [UNLESS] ONLY IF I have INITIALED the specific authority listed below: 14
	1473	+
	1474	+	(Caution: Granting any of the following will give your agent the authority to take actions 15
	1475	+	that could significantly reduce your property or change how your property is distributed at 16
	1476	+	your death. In addition, granting your agent the authority to make gifts to, or to designate 17
	1477	+	as the beneficiary of any retirement plan, the agent, the agent’s spouse, or a dependent of 18
	1478	+	the agent may constitute a taxable gift by you and may make the property subject to that 19
	1479	+	authority taxable as part of the agent’s estate. INITIAL ONLY the specific authority you 20
	1480	+	WANT to give your agent.) 21
	1481	+
	1482	+	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS 22
	1483	+	POWER OF ATTORNEY WI THOUT RESTRICTION ON THE AMOUNT OF THE GI FT OR 23
	1484	+	TRANSFER 24
	1485	+
	1486	+	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS 25
	1487	+	POWER OF ATTORNEY IN FAVOR OF MY AGENT 26
	1488	+
	1489	+	(___) Create AND FUND an inter vivos trust, [or amend, revoke, or terminate an 27
	1490	+	existing inter vivos trust if the trust expressly authorizes that action by the agent] 28
	1491	+	INCLUDING A SPECIAL NEEDS TRUST , ANY TRUST AUTHORIZED UNDER § 1917 OF 29
	1492	+	THE FEDERAL SOCIAL SECURITY ACT, OR A THIRD–PARTY SPECIAL NEEDS TRUST, 30
	1493	+	OR ESTABLISH AND FUN D AN ABLE ACCOUNT AS DEFINED U NDER § 529A OF THE 31
	1494	+	INTERNAL REVENUE CODE, FOR THE BENEFIT OF T HE PRINCIPAL OR THE 32
	1495	+	PRINCIPAL’S FAMILY, HEIRS AT LAW, OR DESCENDANTS , OR ANY OTHER PERSON 33
	1496	+	DESIGNATED BY THE PR INCIPAL AS A BENEFIC IARY UNDER AN EXISTI NG WILL, 34 32 SENATE BILL 851
	1497	+
	1498	+
	1499	+	TRUST, OR OTHER INSTRUMENT 1
	1500	+
	1501	+	(___) AMEND, REVOKE, OR TERMINATE AN EXIS TING INTER VIVOS TRU ST IF 2
	1502	+	THE TRUST EXPRESSLY AUTHORIZES THAT ACTI ON BY THE AGENT 3
	1503	+
	1504	+	(___) Make a gift, subject to any special instructions in this power of attorney, 4
	1505	+	INCLUDING A GIFT OF THE PRINCIPAL ’S ASSETS TO ASSIST T HE PRINCIPAL IN 5
	1506	+	MEETING THE ELIGIBIL ITY REQUIREMENTS AND QUALIFYING FOR A 6
	1507	+	GOVERNMENTAL BENEFIT OR PROGRAM , INCLUDING GIFTS TO O R IN FAVOR OF MY 7
	1508	+	AGENT WHO IS MY SPOU SE OR DESCENDANT 8
	1509	+
	1510	+	(___) Create or change rights of survivorship 9
	1511	+
	1512	+	(___) Create or change a beneficiary designation, subject to any special instructions 10
	1513	+	in this power of attorney; and, if I wish to authorize my agent to designate the agent, the 11
	1514	+	agent’s spouse, or a dependent of the agent as a beneficiary, I will explicitly state this 12
	1515	+	authority within the special instructions of this power of attorney or in a separate power of 13
	1516	+	attorney 14
	1517	+
	1518	+	(___) Authorize another person to exercise the authority granted under this power 15
	1519	+	of attorney 16
	1520	+
	1521	+	(___) Waive the principal’s right to be a beneficiary of a joint and survivor annuity, 17
	1522	+	including a survivor benefit under a retirement plan 18
	1523	+
	1524	+	(___) Exercise fiduciary powers that the principal has authority to delegate 19
	1525	+
	1526	+	(___) Disclaim or refuse an interest in property, including a power of appointment 20
	1527	+
	1528	+	(___) In accordance with the Maryland Fiduciary Access to Digital Assets Act, 21
	1529	+	access and take control of (1) the content of any of my electronic communications, (2) any 22
	1530	+	catalogue of electronic communications sent or received by me, and (3) any other digital 23
	1531	+	asset in which I have a right or interest 24
	1532	+
	1533	+	(___) Demand the delivery of the principal’s will from the custodian of the will and, 25
	1534	+	on delivery of the principal’s will, take custody of the will subject to the requirements of 26
	1535	+	Title 4, Subtitle 2 of the Estates and Trusts Article 27
	1536	+
	1537	+	LIMITATION ON AGENT’S AUTHORI TY 28
	1538	+
	1539	+	An agent that is not my ancestor, spouse, or descendant MAY NOT use my property to 29
	1540	+	benefit the agent or a person to whom the agent owes an obligation of support unless I have 30
	1541	+	included that authority in the Special Instructions. 31
	1542	+
	1543	+	SPECIAL INSTRUCTIONS (O PTIONAL) 32
	1544	+	SENATE BILL 851 33
	1545	+
	1546	+
	1547	+	You may give special instructions on the following lines: 1
	1548	+
	1549	+	___________________________________________________________________________________ 2
	1550	+	___________________________________________________________________________________ 3
	1551	+	___________________________________________________________________________________ 4
	1552	+	___________________________________________________________________________________ 5
	1553	+	___________________________________________________________________________________ 6
	1554	+	___________________________________________________________________________________ 7
	1555	+	___________________________________________________________________________________ 8
	1556	+
	1557	+	EFFECTIVE DATE 9
	1558	+
	1559	+	This power of attorney is effective immediately unless I have stated otherwise in the Special 10
	1560	+	Instructions. 11
	1561	+
	1562	+	TERMINATION DATE (OPTIONAL) 12
	1563	+
	1564	+	This power of attorney shall terminate on _______________________________, 20______. 13
	1565	+	(Use a specific calendar date) 14
	1566	+
	1567	+	NOMINATION OF GUARDIAN (OPTIONAL) 15
	1568	+
	1569	+	If it becomes necessary for a court to appoint a guardian of my property or guardian of my 16
	1570	+	person, I nominate the following person(s) for appointment: 17
	1571	+
	1572	+	Name of Nominee for guardian of my property: 18
	1573	+	_____________________________________________________________________________ 19
	1574	+	Nominee’s Address: __________________________________________________________ 20
	1575	+	Nominee’s Telephone Number: ________________________________________________ 21
	1576	+
	1577	+	Name of Nominee for guardian of my person: 22
	1578	+	______________________________________________________________________________ 23
	1579	+	Nominee’s Address: ___________________________________________________________ 24
	1580	+	Nominee’s Telephone Number: _________________________________________________ 25
	1581	+
	1582	+	SIGNATURE AND ACKNOWLEDGMENT 26
	1583	+
	1584	+	_____________________________________________ ______________________________ 27
	1585	+	Your Signature Date 28
	1586	+
	1587	+	______________________________________________________________________________ 29
	1588	+	Your Name Printed 30
	1589	+
	1590	+	______________________________________________________________________________ 31
	1591	+	______________________________________________________________________________ 32
	1592	+	Your Address 33
	1593	+	34 SENATE BILL 851
	1594	+
	1595	+
	1596	+	______________________________________________________________________________ 1
	1597	+	Your Telephone Number 2
	1598	+
	1599	+	STATE OF MARYLAND 3
	1600	+	(COUNTY) OF _______________________________________________________________ 4
	1601	+
	1602	+	This document was acknowledged before me on 5
	1603	+	______________________________________________________________________________, 6
	1604	+	(Date) 7
	1605	+
	1606	+	by ___________________________________________________________________________. 8
	1607	+	(Name of Principal) 9
	1608	+
	1609	+	__________________________________________________________________ (Seal, if any) 10
	1610	+	Signature of Notary 11
	1611	+	My commission expires: _______________________________________________________ 12
	1612	+
	1613	+	WITNESS ATTESTATION 13
	1614	+
	1615	+	The foregoing power of attorney was, on the date written above, published and declared by 14
	1616	+	______________________________________________________________________________ 15
	1617	+	(Name of Principal) 16
	1618	+
	1619	+	in our presence to be his/her power of attorney. We, in his/her presence and at his/her 17
	1620	+	request, and in the presence of each other, have attested to the same and have signed our 18
	1621	+	names as attesting witnesses. 19
	1622	+
	1623	+	____________________________________________ 20
	1624	+	Witness #1 Signature 21
	1625	+	____________________________________________ 22
	1626	+	Witness #1 Name Printed 23
	1627	+	____________________________________________ 24
	1628	+	____________________________________________ 25
	1629	+	Witness #1 Address 26
	1630	+	____________________________________________ 27
	1631	+	Witness #1 Telephone Number 28
	1632	+
	1633	+	____________________________________________ 29
	1634	+	Witness #2 Signature 30
	1635	+	____________________________________________ 31
	1636	+	Witness #2 Name Printed 32
	1637	+	____________________________________________ 33
	1638	+	____________________________________________ 34
	1639	+	Witness #2 Address 35
	1640	+	____________________________________________ 36
	1641	+	Witness #2 Telephone Number 37
	1642	+	SENATE BILL 851 35
	1643	+
	1644	+
	1645	+	This document prepared by: 1
	1646	+
	1647	+	___________________________________________________________________________________ 2
	1648	+	_________________________________________________________________________ 3
	1649	+
	1650	+	IMPORTANT INFORMATION FOR AGENT 4
	1651	+
	1652	+	Agent’s Duties 5
	1653	+
	1654	+	When you accept the authority granted under this power of attorney, a special legal 6
	1655	+	relationship is created between you and the principal. This relationship imposes on you 7
	1656	+	legal duties that continue until you resign or the power of attorney is terminated or revoked. 8
	1657	+	You must: 9
	1658	+
	1659	+	(1) Do what you know the principal reasonably expects you to do with the 10
	1660	+	principal’s property or, if you do not know the principal’s expectations, act in the principal’s 11
	1661	+	best interest; 12
	1662	+
	1663	+	(2) Act with care, competence, and diligence for the best interest of the principal; 13
	1664	+
	1665	+	(3) Do nothing beyond the authority granted in this power of attorney; and 14
	1666	+
	1667	+	(4) Disclose your identity as an agent whenever you act for the principal by 15
	1668	+	writing or printing the name of the principal and signing your own name as “agent” in the 16
	1669	+	following manner: 17
	1670	+
	1671	+	__________________________________ ______________________________________ 18
	1672	+	(Principal’s Name) by (Your Signature) as Agent 19
	1673	+
	1674	+	Unless the Special Instructions in this power of attorney state otherwise, you must also: 20
	1675	+
	1676	+	(1) Act loyally for the principal’s benefit; 21
	1677	+
	1678	+	(2) Avoid conflicts that would impair your ability to act in the principal’s best 22
	1679	+	interest; 23
	1680	+
	1681	+	(3) Keep a record of all receipts, disbursements, and transactions made on behalf 24
	1682	+	of the principal; 25
	1683	+
	1684	+	(4) Cooperate with any person that has authority to make health care decisions 26
	1685	+	for the principal to do what you know the principal reasonably expects or, if you do not 27
	1686	+	know the principal’s expectations, to act in the principal’s best interest; and 28
	1687	+
	1688	+	(5) Attempt to preserve the principal’s estate plan if you know the plan and 29
	1689	+	preserving the plan is consistent with the principal’s best interest. 30
	1690	+
	1691	+	Termination of Agent’s Authority 31 36 SENATE BILL 851
	1692	+
	1693	+
	1694	+
	1695	+	You must stop acting on behalf of the principal if you learn of any event that terminates 1
	1696	+	this power of attorney or your authority under this power of attorney. Events that 2
	1697	+	terminate a power of attorney or your authority to act under a power of attorney include: 3
	1698	+
	1699	+	(1) Death of the principal; 4
	1700	+
	1701	+	(2) The principal’s revocation of the power of attorney or your authority; 5
	1702	+
	1703	+	(3) The occurrence of a termination event stated in the power of attorney; 6
	1704	+
	1705	+	(4) The purpose of the power of attorney is fully accomplished; or 7
	1706	+
	1707	+	(5) If you are married to the principal, a legal action is filed with a court to end 8
	1708	+	your marriage, or for your legal separation, unless the Special Instructions in this power of 9
	1709	+	attorney state that such an action will not terminate your authority. 10
	1710	+
	1711	+	Liability of Agent 11
	1712	+
	1713	+	The meaning of the authority granted to you is defined in the Maryland Power of Attorney 12
	1714	+	Act, Title 17 of the Estates and Trusts Article. If you violate the Maryland Power of 13
	1715	+	Attorney Act, Title 17 of the Estates and Trusts Article, or act outside the authority 14
	1716	+	granted, you may be liable for any damages caused by your violation. 15
	1717	+
	1718	+	If there is anything about this document or your duties that you do not understand, you 16
	1719	+	should seek legal advice.” 17
	1720	+
	1721	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 18
	1722	+	October 1, 2023. 19
	1723	+
	1724	+
	1725	+
	1726	+
	1727	+	Approved:
495	1728		________________________________________________________________________________
	1729	+	Governor.
496	1730		________________________________________________________________________________
	1731	+	President of the Senate.
497	1732		________________________________________________________________________________
498		-
499		-	B. JOINT ACCOUNTS AND BE NEFICIARY DESIGNA TIONS – I AUTHORIZE MY
500		-	AGENT TO DO ONE OR M ORE OF THE FOLLOWING ONLY IF I HAVE INITIALED
501		-	BELOW:
502		-
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 ACCO UNT FOR THEIR OWN BE NEFIT AND ON MY
506		-	DEATH WILL BECOME TH E PROPERTY OF THE OT HER OWNER(S).
507		-
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 INSUR ANCE 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 R ETIREMENT PLAN OF AN Y NATURE. IN DETERMINING SUCH
515		-	RIGHTS OR BENEFICIAR Y INTERESTS , MY AGENT SHALL CONSI DER TAXES , Ch. 697 2023 LAWS OF MARYLAND
516		-
517		-	– 12 –
518		-	PRESERVATION OF GOVE RNMENTAL BENEFITS OR PROGRAMS, OR STATED
519		-	INTENTIONS REGARDING MY ESTATE.
520		-
521		-	DISCLAIMERS
522		-
523		-	FOR THE PURPOSES OF T AX PLANNING OR EFFECTUATING STAT ED INTENTIONS
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 BENEFIC IARY 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		-
532		-	SPECIAL INSTRUCTIONS (OPTIONAL)
533		-
534		-	YOU MAY GIVE SPECIAL INSTRUCTIONS ON THE FOLLOWING LINES:
535		-
536		-	___________________________________________________________________________________
537		-	___________________________________________________________________________________
538		-	___________________________________________________________________________________
539		-	___________________________________________________________________________________
540		-	___________________________________________________________________________________
541		-	___________________________________________________________________________________
542		-	___________________________________________________________________________________
543		-	___________________________________________
544		-
545		-	EFFECTIVE DATE
546		-
547		-	This power of attorney is effective immediately unless I have stated otherwise in the Special
548		-	Instructions.
549		-
550		-	TERMINATION DATE (OPTIONAL)
551		-
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 T IME UNTIL MY REVOCAT ION 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 .
559		-
560		-	This power of attorney shall terminate on ______________________________, 20____.
561		-	(Use a specific calendar date)
562		-	WES MOORE, Governor Ch. 697
563		-
564		-	– 13 –
565		-	COPIES
566		-
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 .
569		-
570		-	REVOCATION
571		-
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 ATTORNEY E XECUTED
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 PROPE RTY.
576		-
577		-	RELIANCE BY THIRD PARTIES
578		-
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 DISPOSITION OF A NY FUNDS 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 AGAIN ST ANYONE WHO
586		-	REFUSED TO HONOR THI S POWER OF ATTORNEY WITHOUT HAVING RECEI VED
587		-	NOTICE THAT IT HAS BEEN REVOKED .
588		-
589		-	NOMINATION OF GUARDIAN (OPTIONAL)
590		-
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:
593		-
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: _________________________________________________
600		-
601		-	DESIGNATION OF AGENT TO MAKE ELECTION TO TAKE ELECTIVE SHARE
602		-	(OPTIONAL)
603		-
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:
608		-
609		-	Name of designated agent: _____________________________________________________ Ch. 697 2023 LAWS OF MARYLAND
610		-
611		-	– 14 –
612		-	Designated agent’s address: ____________________________________________________
613		-	Designated agent’s telephone number: __________________________________________
614		-
615		-	SIGNATURE AND ACKNOWLEDGMENT
616		-
617		-	________________________________________ __________________________
618		-	Your Signature Date
619		-
620		-	______________________________________________________________________________
621		-	Your Name Printed
622		-
623		-	___________________________________________________________________________________
624		-	___________________________________________________________________________________
625		-	Your Address
626		-
627		-	______________________________________________________________________________
628		-	Your Telephone Number
629		-
630		-	STATE OF MARYLAND
631		-	(COUNTY) OF _______________________________________________________________
632		-
633		-	This document was acknowledged before me on
634		-
635		-	__________________________
636		-	(Date)
637		-
638		-	By ______________________________________ to be his/her act.
639		-	(Name of Principal)
640		-
641		-	____________________________________________ (SEAL, IF ANY)
642		-	Signature of Notary
643		-
644		-	My commission expires: _____________________
645		-
646		-	WITNESS ATTESTATION
647		-
648		-	The foregoing power of attorney was, on the date written above, published and declared by
649		-
650		-	____________________________________________
651		-	(Name of Principal)
652		-
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.
656		-
657		-	____________________________________________ WES MOORE, Governor Ch. 697
658		-
659		-	– 15 –
660		-	Witness #1 Signature
661		-	____________________________________________
662		-	Witness #1 Name Printed
663		-	____________________________________________
664		-	____________________________________________
665		-	Witness #1 Address
666		-	____________________________________________
667		-	Witness #1 Telephone Number
668		-
669		-	____________________________________________
670		-	Witness #2 Signature
671		-	____________________________________________
672		-	Witness #2 Name Printed
673		-	____________________________________________
674		-	____________________________________________
675		-	Witness #2 Address
676		-	____________________________________________
677		-	Witness #2 Telephone Number”
678		-
679		-	17–203.
680		-
681		-	“MARYLAND STATUTORY FORM LIMITED POWER OF ATTORNEY
682		-
683		-	PLEASE READ CAREFULLY
684		-
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.
692		-
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.
695		-
696		-	This power of attorney does not authorize the agent to make health care decisions for you.
697		-
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.
701		-
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. Ch. 697 2023 LAWS OF MARYLAND
706		-
707		-	– 16 –
708		-
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.
712		-
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.
715		-
716		-	This power of attorney becomes effective immediately unless you state otherwise in the
717		-	Special Instructions.
718		-
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		-
722		-	DESIGNATION OF AGENT
723		-
724		-	This section of the form provides for designation of one agent.
725		-
726		-	If you wish to name coagents, skip this section and use the next section (“Designation of
727		-	Coagents”).
728		-
729		-	I, ___________________________________________________, name the following person
730		-	(Name of Principal)
731		-	as my agent:
732		-
733		-	Name of
734		-	Agent: _______________________________________________________________________
735		-	Agent’s
736		-	Address: _____________________________________________________________________
737		-	Agent’s Telephone
738		-	Number: _____________________________________________________________________
739		-
740		-	DESIGNATION OF COAGENTS (OPTIONAL)
741		-
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.
744		-
745		-	I, ___________________________________________________________________________,
746		-
747		-	(Name of Principal)
748		-
749		-	Name the following persons as coagents:
750		-
751		-	Name of Coagent: ____________________________________________________________
752		-
753		-	Coagent’s Address: ___________________________________________________________ WES MOORE, Governor Ch. 697
754		-
755		-	– 17 –
756		-
757		-	Coagent’s Telephone Number: _________________________________________________
758		-
759		-	Name of Coagent: ____________________________________________________________
760		-
761		-	Coagent’s Address: ___________________________________________________________
762		-
763		-	Coagent’s Telephone Number: _________________________________________________
764		-
765		-	Special Instructions Regarding Coagents: ____________________________________________
766		-	___________________________________________________________________________________
767		-	___________________________________________________________________________________
768		-	___________________________________________________________________________________
769		-
770		-	DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL )
771		-
772		-	If my agent is unable or unwilling to act for me, I name as my successor agent:
773		-
774		-	Name of Successor Agent: _____________________________________________________
775		-	Successor Agent’s
776		-	Address: _____________________________________________________________________
777		-	Successor Agent’s Telephone Number: __________________________________________
778		-
779		-	If my successor agent is unable or unwilling to act for me, I name as my second successor
780		-	agent:
781		-
782		-	Name of Second Successor
783		-	Agent: _______________________________________________________________________
784		-	Second Successor Agent’s
785		-	Address: _____________________________________________________________________
786		-	Second Successor Agent’s Telephone Number: ___________________________________
787		-
788		-	GRANT OF GENERAL AUTHORITY
789		-
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:
792		-
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;
797		-
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; Ch. 697 2023 LAWS OF MARYLAND
802		-
803		-	– 18 –
804		-
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;
809		-
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;
813		-
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;
816		-
817		-	(6) Engage, compensate, and discharge an attorney, accountant,
818		-	discretionary investment manager, expert witness, or other advisor;
819		-
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;
822		-
823		-	(8) Communicate with representatives or employees of a government or
824		-	governmental subdivision, agency, or instrumentality, on behalf of the principal;
825		-
826		-	(9) Access communications intended for, and communicate on behalf of the
827		-	principal, whether by mail, electronic transmission, telephone, or other means; and
828		-
829		-	(10) Do lawful acts with respect to the subject and all property related to the
830		-	subject.
831		-
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.)
836		-
837		-	SUBJECTS AND AUTHORITY
838		-
839		-	A. Real Property – With respect to this category, I authorize my agent to:
840		-
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
844		-
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. 697
850		-
851		-	– 19 –
852		-	entity, or otherwise grant or dispose of an interest in real property or a right incident to
853		-	real property
854		-
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
858		-
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
862		-
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:
865		-
866		-	(1) Insuring against liability or casualty or other loss;
867		-
868		-	(2) Obtaining or regaining possession of or protecting the interest or
869		-	right by litigation or otherwise;
870		-
871		-	(3) Paying, assessing, compromising, or contesting taxes or
872		-	assessments or applying for and receiving refunds in connection with them; and
873		-
874		-	(4) Purchasing supplies, hiring assistance or labor, and making
875		-	repairs or alterations to the real property
876		-
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
880		-
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:
884		-
885		-	(1) Selling or otherwise disposing of the stocks and bonds or other
886		-	property;
887		-
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
890		-
891		-	(3) Exercising voting rights in person or by proxy
892		-
893		-	(___) Change the form of title of an interest in or a right incident to real
894		-	property
895		-
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. 697 2023 LAWS OF MARYLAND
898		-
899		-	– 20 –
900		-
901		-	(___) All of the above
902		-
903		-	B. Tangible Personal Property – With respect to this subject, I authorize my
904		-	agent to:
905		-
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
909		-
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		-
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		-
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
922		-
923		-	(___) Manage or conserve tangible personal property or an interest in
924		-	tangible personal property on behalf of the principal, including:
925		-
926		-	(1) Insuring against liability or casualty or other loss;
927		-
928		-	(2) Obtaining or regaining possession of or protecting the property
929		-	or interest, by litigation or otherwise;
930		-
931		-	(3) Paying, assessing, compromising, or contesting taxes or
932		-	assessments or applying for and receiving refunds in connection with taxes or assessments;
933		-
934		-	(4) Moving the property from place to place;
935		-
936		-	(5) Storing the property for hire or on a gratuitous bailment; and
937		-
938		-	(6) Using and making repairs, alterations, or improvements to the
939		-	property
940		-
941		-	(___) Change the form of title of an interest in tangible personal property
942		-
943		-	(___) All of the above
944		-
945		-	C. Stocks and Bonds – With respect to this subject, I authorize my agent to: WES MOORE, Governor Ch. 697
946		-
947		-	– 21 –
948		-
949		-	(___) Buy, sell, and exchange stocks and bonds
950		-
951		-	(___) Establish, continue, modify, or terminate an account with respect to
952		-	stocks and bonds
953		-
954		-	(___) Pledge stocks and bonds as security to borrow, pay, renew, or extend
955		-	the time of payment of a debt of the principal
956		-
957		-	(___) Receive certificates and other evidences of ownership with respect to
958		-	stocks and bonds
959		-
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
962		-
963		-	(___) All of the above
964		-
965		-	D. Commodities – With respect to this subject, I authorize my agent to:
966		-
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
970		-
971		-	(___) Establish, continue, modify, and terminate option accounts
972		-
973		-	(___) All of the above
974		-
975		-	E. Banks and Other Financial Institutions – With respect to this subject, I
976		-	authorize my agent to:
977		-
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
980		-
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
985		-
986		-	(___) Contract for services available from a financial institution, including
987		-	renting a safe deposit box or space in a vault
988		-
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		-
992		-	(___) Withdraw, by check, money order, electronic funds transfer, or
993		-	otherwise, money or property of the principal deposited with or left in the custody of a Ch. 697 2023 LAWS OF MARYLAND
994		-
995		-	– 22 –
996		-	financial institution
997		-
998		-	(___) Receive statements of account, vouchers, notices, and similar
999		-	documents from a financial institution and act with respect to them
1000		-
1001		-	(___) Enter a safe deposit box or vault and withdraw or add to the contents
1002		-
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		-
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		-
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
1016		-
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
1020		-
1021		-	(___) Consent to an extension of the time of payment with respect to
1022		-	commercial paper or a financial transaction with a financial institution
1023		-
1024		-	(___) All of the above
1025		-
1026		-	F. Operation of an Entity or a Business – With respect to this subject, I authorize
1027		-	my agent to:
1028		-
1029		-	(___) Operate, buy, sell, enlarge, reduce, or terminate an ownership interest
1030		-
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
1034		-
1035		-	(___) Enforce the terms of an ownership agreement
1036		-
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
1040		-
1041		-	(___) Exercise in person or by proxy, or enforce by litigation or otherwise, a WES MOORE, Governor Ch. 697
1042		-
1043		-	– 23 –
1044		-	right, power, privilege, or an option the principal has or claims to have as the holder of
1045		-	stocks and bonds
1046		-
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
1050		-
1051		-	(___) With respect to an entity or business owned solely by the principal:
1052		-
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;
1056		-
1057		-	(2) Determine:
1058		-
1059		-	(i) The location of the operation of the entity or business;
1060		-
1061		-	(ii) The nature and extent of the business of the entity or
1062		-	business;
1063		-
1064		-	(iii) The methods of manufacturing, selling, merchandising,
1065		-	financing, accounting, and advertising employed in the operation of the entity or business;
1066		-
1067		-	(iv) The amount and types of insurance carried by the entity
1068		-	or business; and
1069		-
1070		-	(v) The mode of engaging, compensating, and dealing with the
1071		-	employees and accountants, attorneys, or other advisors of the entity or business;
1072		-
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
1076		-
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
1080		-
1081		-	(___) Put additional capital into an entity or a business in which the principal
1082		-	has an interest
1083		-
1084		-	(___) Join in a plan of reorganization, consolidation, conversion,
1085		-	domestication, or merger of the entity or business
1086		-
1087		-	(___) Sell or liquidate all or part of an entity or business
1088		-
1089		-	(___) Establish the value of an entity or a business under a buyout agreement Ch. 697 2023 LAWS OF MARYLAND
1090		-
1091		-	– 24 –
1092		-	to which the principal is a party
1093		-
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
1096		-
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
1102		-
1103		-	(___) All of the above
1104		-
1105		-	G. Insurance and Annuities – With respect to this subject, I authorize my agent
1106		-	to:
1107		-
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
1112		-
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
1116		-
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		-
1120		-	(___) Apply for and receive a loan secured by a contract of insurance or
1121		-	annuity
1122		-
1123		-	(___) Surrender and receive the cash surrender value on a contract of
1124		-	insurance or annuity
1125		-
1126		-	(___) Exercise an election
1127		-
1128		-	(___) Exercise investment powers available under a contract of insurance or
1129		-	annuity
1130		-
1131		-	(___) Change the manner of paying premiums on a contract of insurance or
1132		-	annuity
1133		-
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
1136		-
1137		-	(___) Apply for and procure a benefit or assistance under a statute or WES MOORE, Governor Ch. 697
1138		-
1139		-	– 25 –
1140		-	regulation to guarantee or pay premiums of a contract of insurance on the life of the
1141		-	principal
1142		-
1143		-	(___) Collect, sell, assign, hypothecate, borrow against, or pledge the interest
1144		-	of the principal in a contract of insurance or annuity
1145		-
1146		-	(___) Select the form and timing of the payment of proceeds from a contract
1147		-	of insurance or annuity
1148		-
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
1153		-
1154		-	(___) All of the above
1155		-
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:
1160		-
1161		-	(___) Accept, receive, receipt for, sell, assign, pledge, or exchange a share in
1162		-	or payment from the fund described above
1163		-
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
1167		-
1168		-	(___) Exercise for the benefit of the principal a presently exercisable general
1169		-	power of appointment held by the principal
1170		-
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		-
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
1179		-
1180		-	(___) Conserve, invest, disburse, or use anything received for an authorized
1181		-	purpose
1182		-
1183		-	(___) Transfer an interest of the principal in real property, stocks and bonds,
1184		-	accounts with financial institutions or securities intermediaries, insurance, annuities, and
1185		-	other property to the trustee of a revocable trust created by the principal as settlor Ch. 697 2023 LAWS OF MARYLAND
1186		-
1187		-	– 26 –
1188		-
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
1191		-
1192		-	(___) Elect to take an elective share of an estate subject to election under §
1193		-	3–403 of the Estates and Trusts Article
1194		-
1195		-	(___) All of the above
1196		-
1197		-	I. Claims and Litigation – With respect to this subject, I authorize my agent to:
1198		-
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
1204		-
1205		-	(___) Bring an action to determine adverse claims or intervene or otherwise
1206		-	participate in litigation
1207		-
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
1211		-
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
1215		-
1216		-	(___) Submit to alternative dispute resolution, settle, and propose or accept
1217		-	a compromise
1218		-
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
1227		-
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
1230		-	a reorganization, receivership, or application for the appointment of a receiver or trustee
1231		-	that affects an interest of the principal in property or other thing of value
1232		-
1233		-	(___) Pay a judgment, award, or order against the principal or a settlement WES MOORE, Governor Ch. 697
1234		-
1235		-	– 27 –
1236		-	made in connection with a claim or litigation
1237		-
1238		-	(___) Receive money or other thing of value paid in settlement of or as
1239		-	proceeds of a claim or litigation
1240		-
1241		-	(___) All of the above
1242		-
1243		-	J. Personal and Family Maintenance – With respect to this subject, I authorize
1244		-	my agent to:
1245		-
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:
1249		-
1250		-	(1) The principal’s children;
1251		-
1252		-	(2) Other individuals legally entitled to be supported by the
1253		-	principal; and
1254		-
1255		-	(3) The individuals whom the principal has customarily supported
1256		-	or indicated the intent to support;
1257		-
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
1261		-
1262		-	(___) Provide living quarters for the individuals described above by:
1263		-
1264		-	(1) Purchase, lease, or other contract; or
1265		-
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
1269		-
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
1273		-
1274		-	(___) Pay expenses for necessary health care and custodial care on behalf of
1275		-	the individuals described above
1276		-
1277		-	(___) Act as the principal’s personal representative in accordance with the
1278		-	Health Insurance Portability and Accountability Act, §§ 1171 through 1179 of the Social
1279		-	Security Act, 42 U.S.C. § 1320d, and applicable regulations in making decisions related to
1280		-	the past, present, or future payment for the provision of health care consented to by the
1281		-	principal or anyone authorized under the law of this State to consent to health care on Ch. 697 2023 LAWS OF MARYLAND
1282		-
1283		-	– 28 –
1284		-	behalf of the principal
1285		-
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
1289		-
1290		-	(___) Maintain credit and debit accounts for the convenience of the
1291		-	individuals described above and open new accounts
1292		-
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
1296		-
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.)
1300		-
1301		-	(___) All of the above
1302		-
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:
1306		-
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
1312		-
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
1317		-
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 SPECIF ICALLY
1321		-	AUTHORIZED BELOW , TO TRANSFER OR GIFT THE PRINCIPAL’S PROPERTY
1322		-
1323		-	(___) Enroll in, apply for, select, reject, change, amend, or discontinue, on the
1324		-	principal’s behalf, a GOVERNMENTAL benefit or program
1325		-
1326		-	(___) Prepare, file, and maintain a claim of the principal for a benefit or
1327		-	assistance, financial or otherwise, to which the principal may be entitled under a statute
1328		-	or regulation
1329		-	WES MOORE, Governor Ch. 697
1330		-
1331		-	– 29 –
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		-
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		-
1339		-	(___) All of the above
1340		-
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:
1345		-
1346		-	(1) An individual retirement account under Internal Revenue Code Section
1347		-	408, 26 U.S.C. § 408;
1348		-
1349		-	(2) A Roth individual retirement account under Internal Revenue Code
1350		-	Section 408A, 26 U.S.C. § 408A;
1351		-
1352		-	(3) A deemed individual retirement account under Internal Revenue Code
1353		-	Section 408(q), 26 U.S.C. § 408(q);
1354		-
1355		-	(4) An annuity or mutual fund custodial account under Internal Revenue
1356		-	Code Section 403(b), 26 U.S.C. § 403(b);
1357		-
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);
1360		-
1361		-	(6) A plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b);
1362		-	and
1363		-
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:
1367		-
1368		-	(___) Select the form and timing of payments under a retirement plan and
1369		-	withdraw benefits from a plan
1370		-
1371		-	(___) Make a rollover, including a direct trustee–to–trustee rollover, of
1372		-	benefits from one retirement plan to another
1373		-
1374		-	(___) Establish a retirement plan in the principal’s name
1375		-
1376		-	(___) Make contributions to a retirement plan
1377		-	Ch. 697 2023 LAWS OF MARYLAND
1378		-
1379		-	– 30 –
1380		-	(___) Exercise investment powers available under a retirement plan
1381		-
1382		-	(___) Borrow from, sell assets to, or purchase assets from a retirement plan
1383		-
1384		-	(___) All of the above
1385		-
1386		-	M. Taxes – With respect to this subject, I authorize my agent to:
1387		-
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
1396		-
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
1400		-
1401		-	(___) Exercise elections available to the principal under federal, state, local,
1402		-	or foreign tax law
1403		-
1404		-	(___) Act for the principal in all tax matters for all periods before the Internal
1405		-	Revenue Service, or other taxing authority
1406		-
1407		-	(___) All of the above
1408		-
1409		-	N. Gifts [(including gifts to] AND TRANSFERS – WITH RESPECT TO THIS
1410		-	SUBJECT, I AUTHORIZE MY AGENT T O:
1411		-
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		-
1419		-	(___) Make outright to, or for the benefit of, a person, a gift], OR A SPECIAL
1420		-	NEEDS TRUST OR ANY T RUST AUTHORIZED UNDE R § 1917 OF THE FEDERAL SOCIAL
1421		-	SECURITY ACT, of part or all of the principal’s property, including by the exercise of a
1422		-	presently exercisable general power of appointment held by the principal, in an amount for
1423		-	each donee not to exceed the annual dollar limits of the federal gift tax exclusion under
1424		-	Internal Revenue Code Section 2503(b), 26 U.S.C. § 2503(b), without regard to whether the WES MOORE, Governor Ch. 697
1425		-
1426		-	– 31 –
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
1430		-
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
1434		-
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		-
1440		-	(1) The value and nature of the principal’s property;
1441		-
1442		-	(2) The principal’s foreseeable obligations and need for maintenance;
1443		-
1444		-	(3) Minimization of taxes, including income, estate, inheritance,
1445		-	generation–skipping transfer, and gift taxes;
1446		-
1447		-	(4) Eligibility for a benefit, a program, or assistance under a statute or
1448		-	regulation; and
1449		-
1450		-	(5) The principal’s personal history of making or joining in making gifts.)
1451		-
1452		-	(___) All of the above
1453		-
1454		-	GRANT OF SPECIFIC AUTHORITY (OPTIONAL)
1455		-
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:
1458		-
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		-
1467		-	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS
1468		-	POWER OF ATTORNEY WI THOUT RESTRICTION ON THE AMOUNT OF THE GI FT OR
1469		-	TRANSFER
1470		-
1471		-	(___) TAKE ANY OF THE ACTIO NS I HAVE AUTHORIZED IN S ECTION N OF THIS
1472		-	POWER OF ATTORNEY IN FAVOR OF MY AGENT Ch. 697 2023 LAWS OF MARYLAND
1473		-
1474		-	– 32 –
1475		-
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 T HE PRINCIPAL 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
1485		-
1486		-	(___) AMEND, REVOKE, OR TERMINATE AN EXISTING INTER VIVOS TRUST IF
1487		-	THE TRUST EXPRESSLY AUTHORIZES THAT ACTI ON BY THE AGENT
1488		-
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 ELIG IBILITY REQUIREMENTS 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
1494		-
1495		-	(___) Create or change rights of survivorship
1496		-
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
1502		-
1503		-	(___) Authorize another person to exercise the authority granted under this power
1504		-	of attorney
1505		-
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		-
1509		-	(___) Exercise fiduciary powers that the principal has authority to delegate
1510		-
1511		-	(___) Disclaim or refuse an interest in property, including a power of appointment
1512		-
1513		-	(___) In accordance with the Maryland Fiduciary Access to Digital Assets Act,
1514		-	access and take control of (1) the content of any of my electronic communications, (2) any
1515		-	catalogue of electronic communications sent or received by me, and (3) any other digital
1516		-	asset in which I have a right or interest
1517		-
1518		-	(___) Demand the delivery of the principal’s will from the custodian of the will and,
1519		-	on delivery of the principal’s will, take custody of the will subject to the requirements of WES MOORE, Governor Ch. 697
1520		-
1521		-	– 33 –
1522		-	Title 4, Subtitle 2 of the Estates and Trusts Article
1523		-
1524		-	LIMITATION ON AGENT’S AUT HORITY
1525		-
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.
1529		-
1530		-	SPECIAL INSTRUCTION S (OPTIONAL)
1531		-
1532		-	You may give special instructions on the following lines:
1533		-
1534		-	___________________________________________________________________________________
1535		-	___________________________________________________________________________________
1536		-	___________________________________________________________________________________
1537		-	___________________________________________________________________________________
1538		-	___________________________________________________________________________________
1539		-	___________________________________________________________________________________
1540		-	___________________________________________________________________________________
1541		-
1542		-	EFFECTIVE DATE
1543		-
1544		-	This power of attorney is effective immediately unless I have stated otherwise in the Special
1545		-	Instructions.
1546		-
1547		-	TERMINATION DATE (OPTIONAL)
1548		-
1549		-	This power of attorney shall terminate on _______________________________, 20______.
1550		-	(Use a specific calendar date)
1551		-
1552		-	NOMINATION OF GUARDIAN (OPTIONAL)
1553		-
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:
1556		-
1557		-	Name of Nominee for guardian of my property:
1558		-	_____________________________________________________________________________
1559		-	Nominee’s Address: __________________________________________________________
1560		-	Nominee’s Telephone Number: ________________________________________________
1561		-
1562		-	Name of Nominee for guardian of my person:
1563		-	______________________________________________________________________________
1564		-	Nominee’s Address: ___________________________________________________________
1565		-	Nominee’s Telephone Number: _________________________________________________
1566		-
1567		-	SIGNATURE AND ACKNOWLEDGMENT Ch. 697 2023 LAWS OF MARYLAND
1568		-
1569		-	– 34 –
1570		-
1571		-	_____________________________________________ ______________________________
1572		-	Your Signature Date
1573		-
1574		-	______________________________________________________________________________
1575		-	Your Name Printed
1576		-
1577		-	______________________________________________________________________________
1578		-	______________________________________________________________________________
1579		-	Your Address
1580		-
1581		-	______________________________________________________________________________
1582		-	Your Telephone Number
1583		-
1584		-	STATE OF MARYLAND
1585		-	(COUNTY) OF _______________________________________________________________
1586		-
1587		-	This document was acknowledged before me on
1588		-	______________________________________________________________________________,
1589		-	(Date)
1590		-
1591		-	by ___________________________________________________________________________.
1592		-	(Name of Principal)
1593		-
1594		-	__________________________________________________________________ (Seal, if any)
1595		-	Signature of Notary
1596		-	My commission expires: _______________________________________________________
1597		-
1598		-	WITNESS ATTESTATION
1599		-
1600		-	The foregoing power of attorney was, on the date written above, published and declared by
1601		-	______________________________________________________________________________
1602		-	(Name of Principal)
1603		-
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.
1607		-
1608		-	____________________________________________
1609		-	Witness #1 Signature
1610		-	____________________________________________
1611		-	Witness #1 Name Printed
1612		-	____________________________________________
1613		-	____________________________________________
1614		-	Witness #1 Address
1615		-	____________________________________________ WES MOORE, Governor Ch. 697
1616		-
1617		-	– 35 –
1618		-	Witness #1 Telephone Number
1619		-
1620		-	____________________________________________
1621		-	Witness #2 Signature
1622		-	____________________________________________
1623		-	Witness #2 Name Printed
1624		-	____________________________________________
1625		-	____________________________________________
1626		-	Witness #2 Address
1627		-	____________________________________________
1628		-	Witness #2 Telephone Number
1629		-
1630		-	This document prepared by:
1631		-
1632		-	___________________________________________________________________________________
1633		-	_________________________________________________________________________
1634		-
1635		-	IMPORTANT INFORMATION FOR AGENT
1636		-
1637		-	Agent’s Duties
1638		-
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:
1643		-
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		-
1648		-	(2) Act with care, competence, and diligence for the best interest of the principal;
1649		-
1650		-	(3) Do nothing beyond the authority granted in this power of attorney; and
1651		-
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:
1655		-
1656		-	__________________________________ ______________________________________
1657		-	(Principal’s Name) by (Your Signature) as Agent
1658		-
1659		-	Unless the Special Instructions in this power of attorney state otherwise, you must also:
1660		-
1661		-	(1) Act loyally for the principal’s benefit;
1662		-
1663		-	(2) Avoid conflicts that would impair your ability to act in the principal’s best Ch. 697 2023 LAWS OF MARYLAND
1664		-
1665		-	– 36 –
1666		-	interest;
1667		-
1668		-	(3) Keep a record of all receipts, disbursements, and transactions made on behalf
1669		-	of the principal;
1670		-
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
1674		-
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.
1677		-
1678		-	Termination of Agent’s Authority
1679		-
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:
1683		-
1684		-	(1) Death of the principal;
1685		-
1686		-	(2) The principal’s revocation of the power of attorney or your authority;
1687		-
1688		-	(3) The occurrence of a termination event stated in the power of attorney;
1689		-
1690		-	(4) The purpose of the power of attorney is fully accomplished; or
1691		-
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.
1695		-
1696		-	Liability of Agent
1697		-
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.
1702		-
1703		-	If there is anything about this document or your duties that you do not understand, you
1704		-	should seek legal advice.”
1705		-
1706		-	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
1707		-	October 1, 2023.
1708		-
1709		-	Approved by the Governor, May 16, 2023.
	1733	+	Speaker of the House of Delegates.