Bill Text: IL HB1712 | 2011-2012 | 97th General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the Illinois Power of Attorney Act. Defines "excluded power of attorney" to include powers of attorney given primarily for various business, commercial, and governmental purposes. Provides that designated portions of the Act (concerning standard of care and recordkeeping, agency-court relationship, and other matters) do not apply to an excluded power of attorney. Provides that an excluded power of attorney is not revoked by a subsequent power of attorney; it may only be revoked by the mechanism provided in the excluded power of attorney itself, or by a written instrument that makes specific reference to the excluded power of attorney being revoked. Includes a nonacceleration provision.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Vetoed) 2011-11-17 - Bill Dead - No Positive Action Taken - Amendatory Veto [HB1712 Detail]

Download: Illinois-2011-HB1712-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB1712 Introduced , by Rep. Mark H. Beaubien, Jr. SYNOPSIS AS INTRODUCED:
755 ILCS 45/2-3 from Ch. 110 1/2, par. 802-3
755 ILCS 45/2-4 from Ch. 110 1/2, par. 802-4
755 ILCS 45/2-5 from Ch. 110 1/2, par. 802-5
755 ILCS 45/3-3 from Ch. 110 1/2, par. 803-3
Amends the Illinois Power of Attorney Act. Defines "excluded power of attorney" to include powers of attorney given primarily for various business, commercial, and governmental purposes. Provides that designated portions of the Act (concerning standard of care and recordkeeping, agency-court relationship, and other matters) do not apply to an excluded power of attorney. Provides that an excluded power of attorney is not revoked by a subsequent power of attorney; it may only be revoked by the mechanism provided in the excluded power of attorney itself, or by a written instrument that makes specific reference to the excluded power of attorney being revoked. Includes a nonacceleration provision.
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A BILL FOR
HB1712 LRB097 08942 AJO 49075 b
AN ACT concerning civil law.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Power of Attorney Act is amended by
changing Sections 2-3, 2-4, 2-5, and 3-3 as follows:
(755 ILCS 45/2-3) (from Ch. 110 1/2, par. 802-3)
(Text of Section before amendment by P.A. 96-1195)
Sec. 2-3. Definitions. As used in this Act:
(a) "Agency" means the written power of attorney or other
instrument of agency governing the relationship between the
principal and agent or the relationship, itself, as appropriate
to the context, and includes agencies dealing with personal or
health care as well as property. An agency is subject to this
Act to the extent it may be controlled by the principal,
excluding agencies and powers for the benefit of the agent.
(b) "Agent" means the attorney-in-fact or other person
designated to act for the principal in the agency.
(c) "Disabled person" has the same meaning as in the
"Probate Act of 1975", as now or hereafter amended. To be under
a "disability" or "disabled" means to be a disabled person.
(d) "Person" means an individual, corporation, trust,
partnership or other entity, as appropriate to the agency.
(e) "Principal" means an individual (including, without

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limitation, an individual acting as trustee, representative or
other fiduciary) who signs a power of attorney or other
instrument of agency granting powers to an agent.
(Source: P.A. 85-701.)
(Text of Section after amendment by P.A. 96-1195)
Sec. 2-3. Definitions. As used in this Act:
(a) "Agency" means the written power of attorney or other
instrument of agency governing the relationship between the
principal and agent or the relationship, itself, as appropriate
to the context, and includes agencies dealing with personal or
health care as well as property. An agency is subject to this
Act to the extent it may be controlled by the principal,
excluding agencies and powers for the benefit of the agent.
(b) "Agent" means the attorney-in-fact or other person
designated to act for the principal in the agency.
(c) "Disabled person" has the same meaning as in the
"Probate Act of 1975", as now or hereafter amended. To be under
a "disability" or "disabled" means to be a disabled person.
(c-2) "Excluded Power of Attorney" means any one of the
following:
(1) A power of attorney given primarily for a business
or commercial purpose.
(2) A power of attorney to the extent it is coupled
with an interest in the subject of the power.
(3) A power of attorney given to or for the benefit of

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a creditor in connection with a loan or other credit
transaction or a secured party in connection with a secured
transaction.
(4) A proxy or other delegation to exercise voting
rights or management rights with respect to a corporation,
partnership (general or limited), limited liability
company, condominium, commercial entity, or association.
(5) A power of attorney created on a form prescribed by
a government or governmental subdivision, agency, or
instrumentality for a governmental purpose.
(6) A power of attorney given to facilitate a specific
transfer or disposition of one or more identified stocks,
bonds, or other assets, whether real or personal, tangible
or intangible.
(7) A power of attorney authorizing a third party to
prepare, execute, deliver, submit or file a document or
instrument with a government or governmental subdivision,
agency, or instrumentality, or other third party.
(8) A power of attorney authorizing a financial
institution or employee of a financial institution to take
action in relation to an account in which the financial
institution holds cash, securities, commodities, or other
financial assets on behalf of the principal.
(9) A power of attorney given by an individual who is,
or is seeking to become, a director, officer, stockholder,
employee, partner (general or limited), member, unit

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owner, equity owner, trustee, manager, or agent of a
corporation, a partnership (general or limited), a limited
liability company, a condominium, a legal or commercial
entity, or an association, in that individual's capacity as
such, including a power of attorney contained in a
subscription agreement.
(10) A power of attorney contained in a certificate of
incorporation, bylaws, general or limited partnership
agreement, limited liability company agreement,
declaration of trust, declaration of condominium,
condominium offering plan, or other agreement or
instrument governing the internal affairs of an entity or
association, authorizing a director, officer, shareholder,
employee, partner (general or limited), member, unit
owner, equity owner, trustee, manager or other person to
take lawful actions relating to such entity or association.
(11) A power of attorney given to a licensed real
estate broker to take action in connection with a listing
of real property, mortgage loan, lease, or management
agreement.
(12) A power of attorney given to a condominium
managing agent to take action in connection with the use,
management, and operation of a condominium unit.
(13) A power of attorney authorizing the acceptance of
the service of process on behalf of the principal.
(14) A power of attorney created pursuant to

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authorization provided by a federal or State statute, other
than this Act, that specifically contemplates creation of
the power.
(c-5) "Incapacitated", when used to describe a principal,
means that the principal is under a legal disability as defined
in Section 11a-2 of the Probate Act of 1975. A principal shall
also be considered incapacitated if: (i) a physician licensed
to practice medicine in all of its branches has examined the
principal and has determined that the principal lacks decision
making capacity; (ii) that physician has made a written record
of this determination and has signed the written record within
90 days after the examination; and (iii) the written record has
been delivered to the agent. The agent may rely conclusively on
the written record.
(d) "Person" means an individual, corporation, trust,
partnership or other entity, as appropriate to the agency.
(e) "Principal" means an individual (including, without
limitation, an individual acting as trustee, representative or
other fiduciary) who signs a power of attorney or other
instrument of agency granting powers to an agent.
(Source: P.A. 96-1195, eff. 7-1-11.)
(755 ILCS 45/2-4) (from Ch. 110 1/2, par. 802-4)
Sec. 2-4. Applicability. (a) The principal may specify in
the agency the event or time when the agency will begin and
terminate, the mode of revocation or amendment and the rights,

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powers, duties, limitations, immunities and other terms
applicable to the agent and to all persons dealing with the
agent, and the provisions of the agency will control
notwithstanding this Act, except that every health care agency
must comply with Section 4-5 of this Act.
(b) From and after the effective date of this Act: (1) this
Act governs every agency, whenever and wherever executed, and
all acts of the agent to the extent the provisions of this Act
are not inconsistent with the agency; and (2) this Act applies
to all agencies exercised in Illinois and to all other agencies
if the principal is a resident of Illinois at the time the
agency is signed or at the time of exercise or if the agency
indicates that Illinois law is to apply. Providing forms of
statutory property and health care powers in Articles III and
IV does not limit the applicability of this Act, it being
intended that every agency, including, without limitation, the
statutory property and health care power agencies, shall have
the benefit of and be governed by Article II, by Sections 4-1
through 4-9 and Section 4-11 of Article IV, and by all other
general provisions of this Act, except to the extent the terms
of the agency are inconsistent with this Act.
(c) The following portions of this Act shall not apply to
an excluded power of attorney: Section 2-7(b), Section
2-7(c)(2), Section 2-7(c)(3), Section 2-7(c)(4), Section
2-7(d), Section 2-7(f), Section 2-8(b), Section 2-10(d),
Section 2-10(e), Section 2-10(f), Section 2-10.3(b), Section

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2-10.3(c), and Section 2-10.5.
(Source: P.A. 86-736.)
(755 ILCS 45/2-5) (from Ch. 110 1/2, par. 802-5)
(Text of Section before amendment by P.A. 96-1195)
Sec. 2-5. Duration of agency - amendment and revocation.
Unless the agency states an earlier termination date, the
agency continues until the death of the principal,
notwithstanding any lapse of time, the principal's disability
or incapacity or appointment of a guardian for the principal
after the agency is signed. Every agency may be amended or
revoked by the principal at any time and in any manner
communicated to the agent or to any other person related to the
subject matter of the agency, except that revocation and
amendment of health care agencies are governed by Section 4-6
of this Act except to the extent the terms of the agencies are
inconsistent with that Section.
(Source: P.A. 86-736.)
(Text of Section after amendment by P.A. 96-1195)
Sec. 2-5. Duration of agency - amendment and revocation.
(a) Unless the agency states an earlier termination date,
the agency continues until the death of the principal,
notwithstanding any lapse of time, the principal's disability
or incapacity or appointment of a guardian for the principal
after the agency is signed. Every agency may be amended or

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revoked by the principal, if the principal has the capacity to
do so, at any time and in any manner communicated to the agent
or to any other person related to the subject matter of the
agency, except that revocation and amendment of health care
agencies are governed by Section 4-6 of this Act except to the
extent the terms of the agencies are inconsistent with that
Section. The execution of a power of attorney does not revoke a
power of attorney previously executed by the principal unless
the subsequent power of attorney provides that the previous
power of attorney is revoked or that all other powers of
attorney are revoked.
(b) Notwithstanding the provisions of subsection (a), an
excluded power of attorney may be revoked only by the mechanism
provided in that power of attorney or, if none, by written
instrument signed by the principal and the agent making
specific reference to the excluded power of attorney in
question. An excluded power of attorney is not revoked by a
subsequent power of attorney, including but not limited to a
subsequent power of attorney that states that all other powers
of attorney are revoked.
(Source: P.A. 96-1195, eff. 7-1-11.)
(755 ILCS 45/3-3) (from Ch. 110 1/2, par. 803-3)
(Text of Section before amendment by P.A. 96-1195)
Sec. 3-3. Statutory short form power of attorney for
property. The following form may be known as "statutory

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property power" and may be used to grant an agent powers with
respect to property and financial matters. When a power of
attorney in substantially the following form is used, including
the "notice" paragraph at the beginning in capital letters and
the notarized form of acknowledgment at the end, it shall have
the meaning and effect prescribed in this Act. The validity of
a power of attorney as meeting the requirements of a statutory
property power shall not be affected by the fact that one or
more of the categories of optional powers listed in the form
are struck out or the form includes specific limitations on or
additions to the agent's powers, as permitted by the form.
Nothing in this Article shall invalidate or bar use by the
principal of any other or different form of power of attorney
for property. Nonstatutory property powers must be executed by
the principal and designate the agent and the agent's powers,
but they need not be acknowledged or conform in any other
respect to the statutory property power.
"ILLINOIS STATUTORY SHORT FORM POWER OF ATTORNEY FOR PROPERTY
(NOTICE: THE PURPOSE OF THIS POWER OF ATTORNEY IS TO GIVE
THE PERSON YOU DESIGNATE (YOUR "AGENT") BROAD POWERS TO HANDLE
YOUR PROPERTY, WHICH MAY INCLUDE POWERS TO PLEDGE, SELL OR
OTHERWISE DISPOSE OF ANY REAL OR PERSONAL PROPERTY WITHOUT
ADVANCE NOTICE TO YOU OR APPROVAL BY YOU. THIS FORM DOES NOT
IMPOSE A DUTY ON YOUR AGENT TO EXERCISE GRANTED POWERS; BUT
WHEN POWERS ARE EXERCISED, YOUR AGENT WILL HAVE TO USE DUE CARE
TO ACT FOR YOUR BENEFIT AND IN ACCORDANCE WITH THIS FORM AND

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KEEP A RECORD OF RECEIPTS, DISBURSEMENTS AND SIGNIFICANT
ACTIONS TAKEN AS AGENT. A COURT CAN TAKE AWAY THE POWERS OF
YOUR AGENT IF IT FINDS THE AGENT IS NOT ACTING PROPERLY. YOU
MAY NAME SUCCESSOR AGENTS UNDER THIS FORM BUT NOT CO-AGENTS.
UNLESS YOU EXPRESSLY LIMIT THE DURATION OF THIS POWER IN THE
MANNER PROVIDED BELOW, UNTIL YOU REVOKE THIS POWER OR A COURT
ACTING ON YOUR BEHALF TERMINATES IT, YOUR AGENT MAY EXERCISE
THE POWERS GIVEN HERE THROUGHOUT YOUR LIFETIME, EVEN AFTER YOU
BECOME DISABLED. THE POWERS YOU GIVE YOUR AGENT ARE EXPLAINED
MORE FULLY IN SECTION 3-4 OF THE ILLINOIS "STATUTORY SHORT FORM
POWER OF ATTORNEY FOR PROPERTY LAW" OF WHICH THIS FORM IS A
PART (SEE THE BACK OF THIS FORM). THAT LAW EXPRESSLY PERMITS
THE USE OF ANY DIFFERENT FORM OF POWER OF ATTORNEY YOU MAY
DESIRE. IF THERE IS ANYTHING ABOUT THIS FORM THAT YOU DO NOT
UNDERSTAND, YOU SHOULD ASK A LAWYER TO EXPLAIN IT TO YOU.)
POWER OF ATTORNEY made this .... day of ....... (month)
...... (year)
1. I, ..............., (insert name and address of
principal) hereby appoint:
.............................................................
(insert name and address of agent)
as my attorney-in-fact (my "agent") to act for me and in my
name (in any way I could act in person) with respect to the
following powers, as defined in Section 3-4 of the "Statutory
Short Form Power of Attorney for Property Law" (including all
amendments), but subject to any limitations on or additions to

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the specified powers inserted in paragraph 2 or 3 below:
(YOU MUST STRIKE OUT ANY ONE OR MORE OF THE FOLLOWING
CATEGORIES OF POWERS YOU DO NOT WANT YOUR AGENT TO HAVE.
FAILURE TO STRIKE THE TITLE OF ANY CATEGORY WILL CAUSE THE
POWERS DESCRIBED IN THAT CATEGORY TO BE GRANTED TO THE AGENT.
TO STRIKE OUT A CATEGORY YOU MUST DRAW A LINE THROUGH THE TITLE
OF THAT CATEGORY.)
(a) Real estate transactions.
(b) Financial institution transactions.
(c) Stock and bond transactions.
(d) Tangible personal property transactions.
(e) Safe deposit box transactions.
(f) Insurance and annuity transactions.
(g) Retirement plan transactions.
(h) Social Security, employment and military service
benefits.
(i) Tax matters.
(j) Claims and litigation.
(k) Commodity and option transactions.
(l) Business operations.
(m) Borrowing transactions.
(n) Estate transactions.
(o) All other property powers and transactions.
(LIMITATIONS ON AND ADDITIONS TO THE AGENT'S POWERS MAY BE
INCLUDED IN THIS POWER OF ATTORNEY IF THEY ARE SPECIFICALLY

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DESCRIBED BELOW.)
2. The powers granted above shall not include the following
powers or shall be modified or limited in the following
particulars (here you may include any specific limitations you
deem appropriate, such as a prohibition or conditions on the
sale of particular stock or real estate or special rules on
borrowing by the agent):
.............................................................
.............................................................
.............................................................
.............................................................
.............................................................
3. In addition to the powers granted above, I grant my
agent the following powers (here you may add any other
delegable powers including, without limitation, power to make
gifts, exercise powers of appointment, name or change
beneficiaries or joint tenants or revoke or amend any trust
specifically referred to below):
.............................................................
.............................................................
.............................................................
.............................................................
.............................................................
(YOUR AGENT WILL HAVE AUTHORITY TO EMPLOY OTHER PERSONS AS
NECESSARY TO ENABLE THE AGENT TO PROPERLY EXERCISE THE POWERS
GRANTED IN THIS FORM, BUT YOUR AGENT WILL HAVE TO MAKE ALL

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DISCRETIONARY DECISIONS. IF YOU WANT TO GIVE YOUR AGENT THE
RIGHT TO DELEGATE DISCRETIONARY DECISION-MAKING POWERS TO
OTHERS, YOU SHOULD KEEP THE NEXT SENTENCE, OTHERWISE IT SHOULD
BE STRUCK OUT.)
4. My agent shall have the right by written instrument to
delegate any or all of the foregoing powers involving
discretionary decision-making to any person or persons whom my
agent may select, but such delegation may be amended or revoked
by any agent (including any successor) named by me who is
acting under this power of attorney at the time of reference.
(YOUR AGENT WILL BE ENTITLED TO REIMBURSEMENT FOR ALL
REASONABLE EXPENSES INCURRED IN ACTING UNDER THIS POWER OF
ATTORNEY. STRIKE OUT THE NEXT SENTENCE IF YOU DO NOT WANT YOUR
AGENT TO ALSO BE ENTITLED TO REASONABLE COMPENSATION FOR
SERVICES AS AGENT.)
5. My agent shall be entitled to reasonable compensation
for services rendered as agent under this power of attorney.
(THIS POWER OF ATTORNEY MAY BE AMENDED OR REVOKED BY YOU AT ANY
TIME AND IN ANY MANNER. ABSENT AMENDMENT OR REVOCATION, THE
AUTHORITY GRANTED IN THIS POWER OF ATTORNEY WILL BECOME
EFFECTIVE AT THE TIME THIS POWER IS SIGNED AND WILL CONTINUE
UNTIL YOUR DEATH UNLESS A LIMITATION ON THE BEGINNING DATE OR
DURATION IS MADE BY INITIALING AND COMPLETING EITHER (OR BOTH)
OF THE FOLLOWING:)
6. ( ) This power of attorney shall become effective on
.............................................................

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(insert a future date or event during your lifetime, such as
court determination of your disability, when you want this
power to first take effect)
7. ( ) This power of attorney shall terminate on
.............................................................
(insert a future date or event, such as court determination of
your disability, when you want this power to terminate prior to
your death)
(IF YOU WISH TO NAME SUCCESSOR AGENTS, INSERT THE NAME(S) AND
ADDRESS(ES) OF SUCH SUCCESSOR(S) IN THE FOLLOWING PARAGRAPH.)
8. If any agent named by me shall die, become incompetent,
resign or refuse to accept the office of agent, I name the
following (each to act alone and successively, in the order
named) as successor(s) to such agent:
.............................................................
.............................................................
For purposes of this paragraph 8, a person shall be considered
to be incompetent if and while the person is a minor or an
adjudicated incompetent or disabled person or the person is
unable to give prompt and intelligent consideration to business
matters, as certified by a licensed physician. (IF YOU WISH TO
NAME YOUR AGENT AS GUARDIAN OF YOUR ESTATE, IN THE EVENT A
COURT DECIDES THAT ONE SHOULD BE APPOINTED, YOU MAY, BUT ARE
NOT REQUIRED TO, DO SO BY RETAINING THE FOLLOWING PARAGRAPH.
THE COURT WILL APPOINT YOUR AGENT IF THE COURT FINDS THAT SUCH
APPOINTMENT WILL SERVE YOUR BEST INTERESTS AND WELFARE. STRIKE

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OUT PARAGRAPH 9 IF YOU DO NOT WANT YOUR AGENT TO ACT AS
GUARDIAN.)
9. If a guardian of my estate (my property) is to be
appointed, I nominate the agent acting under this power of
attorney as such guardian, to serve without bond or security.
10. I am fully informed as to all the contents of this form
and understand the full import of this grant of powers to my
agent.
Signed ..................................................
(principal)
(YOU MAY, BUT ARE NOT REQUIRED TO, REQUEST YOUR AGENT AND
SUCCESSOR AGENTS TO PROVIDE SPECIMEN SIGNATURES BELOW. IF YOU
INCLUDE SPECIMEN SIGNATURES IN THIS POWER OF ATTORNEY, YOU MUST
COMPLETE THE CERTIFICATION OPPOSITE THE SIGNATURES OF THE
AGENTS.)
Specimen signatures of I certify that the signatures
agent (and successors) of my agent (and successors)
are correct.
.......................... .............................
(agent) (principal)
.......................... .............................
(successor agent) (principal)
.......................... .............................
(successor agent) (principal)
(THIS POWER OF ATTORNEY WILL NOT BE EFFECTIVE UNLESS IT IS
NOTARIZED AND SIGNED BY AT LEAST ONE ADDITIONAL WITNESS, USING

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THE FORM BELOW.)
State of ............)
) SS.
County of ...........)
The undersigned, a notary public in and for the above
county and state, certifies that .......................,
known to me to be the same person whose name is subscribed as
principal to the foregoing power of attorney, appeared before
me and the additional witness in person and acknowledged
signing and delivering the instrument as the free and voluntary
act of the principal, for the uses and purposes therein set
forth (, and certified to the correctness of the signature(s)
of the agent(s)).
Dated: ................ (SEAL)
..............................
Notary Public
My commission expires .................
The undersigned witness certifies that ................, known
to me to be the same person whose name is subscribed as
principal to the foregoing power of attorney, appeared before
me and the notary public and acknowledged signing and
delivering the instrument as the free and voluntary act of the
principal, for the uses and purposes therein set forth. I
believe him or her to be of sound mind and memory.
Dated: ................ (SEAL)
..............................

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Witness
(THE NAME AND ADDRESS OF THE PERSON PREPARING THIS FORM SHOULD
BE INSERTED IF THE AGENT WILL HAVE POWER TO CONVEY ANY INTEREST
IN REAL ESTATE.)
This document was prepared by:
.............................................................
............................................................."
The requirement of the signature of an additional witness
imposed by this amendatory Act of the 91st General Assembly
applies only to instruments executed on or after the effective
date of this amendatory Act of the 91st General Assembly.
(Source: P.A. 91-790, eff. 6-9-00.)
(Text of Section after amendment by P.A. 96-1195)
Sec. 3-3. Statutory short form power of attorney for
property.
(a) The form prescribed in this Section may be known as
"statutory property power" and may be used to grant an agent
powers with respect to property and financial matters. The
"statutory property power" consists of the following: (1)
Notice to the Individual Signing the Illinois Statutory Short
Form Power of Attorney for Property; (2) Illinois Statutory
Short Form Power of Attorney for Property; and (3) Notice to
Agent. When a power of attorney in substantially the form
prescribed in this Section is used, including all 3 items
above, with item (1), the Notice to Individual Signing the

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Illinois Statutory Short Form Power of Attorney for Property,
on a separate sheet (coversheet) in 14-point type and the
notarized form of acknowledgment at the end, it shall have the
meaning and effect prescribed in this Act.
(b) A power of attorney shall also be deemed to be in
substantially the same format as the statutory form if the
explanatory language throughout the form (the language
following the designation "NOTE:") is distinguished in some way
from the legal paragraphs in the form, such as the use of
boldface or other difference in typeface and font or point
size, even if the "Notice" paragraphs at the beginning are not
on a separate sheet of paper or are not in 14-point type, or if
the principal's initials do not appear in the acknowledgement
at the end of the "Notice" paragraphs.
The validity of a power of attorney as meeting the
requirements of a statutory property power shall not be
affected by the fact that one or more of the categories of
optional powers listed in the form are struck out or the form
includes specific limitations on or additions to the agent's
powers, as permitted by the form. Nothing in this Article shall
invalidate or bar use by the principal of any other or
different form of power of attorney for property. Nonstatutory
property powers (i) must be executed by the principal, (ii)
must designate the agent and the agent's powers, (iii) must be
signed by at least one witness to the principal's signature,
and (iv) must indicate that the principal has acknowledged his

HB1712 - 19 - LRB097 08942 AJO 49075 b
or her signature before a notary public. However, nonstatutory
property powers need not conform in any other respect to the
statutory property power.
(c) The Notice to the Individual Signing the Illinois
Statutory Short Form Power of Attorney for Property shall be
substantially as follows:
"NOTICE TO THE INDIVIDUAL SIGNING THE ILLINOIS
STATUTORY SHORT FORM POWER OF ATTORNEY FOR PROPERTY.
PLEASE READ THIS NOTICE CAREFULLY. The form that you will
be signing is a legal document. It is governed by the Illinois
Power of Attorney Act. If there is anything about this form
that you do not understand, you should ask a lawyer to explain
it to you.
The purpose of this Power of Attorney is to give your
designated "agent" broad powers to handle your financial
affairs, which may include the power to pledge, sell, or
dispose of any of your real or personal property, even without
your consent or any advance notice to you. When using the
Statutory Short Form, you may name successor agents, but you
may not name co-agents.
This form does not impose a duty upon your agent to handle
your financial affairs, so it is important that you select an
agent who will agree to do this for you. It is also important
to select an agent whom you trust, since you are giving that

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agent control over your financial assets and property. Any
agent who does act for you has a duty to act in good faith for
your benefit and to use due care, competence, and diligence. He
or she must also act in accordance with the law and with the
directions in this form. Your agent must keep a record of all
receipts, disbursements, and significant actions taken as your
agent.
Unless you specifically limit the period of time that this
Power of Attorney will be in effect, your agent may exercise
the powers given to him or her throughout your lifetime, both
before and after you become incapacitated. A court, however,
can take away the powers of your agent if it finds that the
agent is not acting properly. You may also revoke this Power of
Attorney if you wish.
This Power of Attorney does not authorize your agent to
appear in court for you as an attorney-at-law or otherwise to
engage in the practice of law unless he or she is a licensed
attorney who is authorized to practice law in Illinois.
The powers you give your agent are explained more fully in
Section 3-4 of the Illinois Power of Attorney Act. This form is
a part of that law. The "NOTE" paragraphs throughout this form
are instructions.
You are not required to sign this Power of Attorney, but it
will not take effect without your signature. You should not
sign this Power of Attorney if you do not understand everything
in it, and what your agent will be able to do if you do sign it.

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Please place your initials on the following line indicating
that you have read this Notice:
.....................
Principal's initials"
(d) The Illinois Statutory Short Form Power of Attorney for
Property shall be substantially as follows:
"ILLINOIS STATUTORY SHORT FORM
POWER OF ATTORNEY FOR PROPERTY
1. I, ..............., (insert name and address of
principal) hereby revoke all prior powers of attorney for
property executed by me, other than excluded powers of attorney
as defined in the Illinois Power of Attorney Act, and appoint:
.............................................................
(insert name and address of agent)
(NOTE: You may not name co-agents using this form.)
as my attorney-in-fact (my "agent") to act for me and in my
name (in any way I could act in person) with respect to the
following powers, as defined in Section 3-4 of the "Statutory
Short Form Power of Attorney for Property Law" (including all
amendments), but subject to any limitations on or additions to
the specified powers inserted in paragraph 2 or 3 below:

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(NOTE: You must strike out any one or more of the following
categories of powers you do not want your agent to have.
Failure to strike the title of any category will cause the
powers described in that category to be granted to the agent.
To strike out a category you must draw a line through the title
of that category.)
(a) Real estate transactions.
(b) Financial institution transactions.
(c) Stock and bond transactions.
(d) Tangible personal property transactions.
(e) Safe deposit box transactions.
(f) Insurance and annuity transactions.
(g) Retirement plan transactions.
(h) Social Security, employment and military service
benefits.
(i) Tax matters.
(j) Claims and litigation.
(k) Commodity and option transactions.
(l) Business operations.
(m) Borrowing transactions.
(n) Estate transactions.
(o) All other property transactions.
(NOTE: Limitations on and additions to the agent's powers may
be included in this power of attorney if they are specifically
described below.)
2. The powers granted above shall not include the following

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powers or shall be modified or limited in the following
particulars:
(NOTE: Here you may include any specific limitations you deem
appropriate, such as a prohibition or conditions on the sale of
particular stock or real estate or special rules on borrowing
by the agent.)
.............................................................
.............................................................
.............................................................
.............................................................
.............................................................
3. In addition to the powers granted above, I grant my
agent the following powers:
(NOTE: Here you may add any other delegable powers including,
without limitation, power to make gifts, exercise powers of
appointment, name or change beneficiaries or joint tenants or
revoke or amend any trust specifically referred to below.)
.............................................................
.............................................................
.............................................................
.............................................................
.............................................................
(NOTE: Your agent will have authority to employ other persons
as necessary to enable the agent to properly exercise the
powers granted in this form, but your agent will have to make
all discretionary decisions. If you want to give your agent the

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right to delegate discretionary decision-making powers to
others, you should keep paragraph 4, otherwise it should be
struck out.)
4. My agent shall have the right by written instrument to
delegate any or all of the foregoing powers involving
discretionary decision-making to any person or persons whom my
agent may select, but such delegation may be amended or revoked
by any agent (including any successor) named by me who is
acting under this power of attorney at the time of reference.
(NOTE: Your agent will be entitled to reimbursement for all
reasonable expenses incurred in acting under this power of
attorney. Strike out paragraph 5 if you do not want your agent
to also be entitled to reasonable compensation for services as
agent.)
5. My agent shall be entitled to reasonable compensation
for services rendered as agent under this power of attorney.
(NOTE: This power of attorney may be amended or revoked by you
at any time and in any manner. Absent amendment or revocation,
the authority granted in this power of attorney will become
effective at the time this power is signed and will continue
until your death, unless a limitation on the beginning date or
duration is made by initialing and completing one or both of
paragraphs 6 and 7:)
6. ( ) This power of attorney shall become effective on
.............................................................
(NOTE: Insert a future date or event during your lifetime, such

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as a court determination of your disability or a written
determination by your physician that you are incapacitated,
when you want this power to first take effect.)
7. ( ) This power of attorney shall terminate on
.............................................................
(NOTE: Insert a future date or event, such as a court
determination that you are not under a legal disability or a
written determination by your physician that you are not
incapacitated, if you want this power to terminate prior to
your death.)
(NOTE: If you wish to name one or more successor agents, insert
the name and address of each successor agent in paragraph 8.)
8. If any agent named by me shall die, become incompetent,
resign or refuse to accept the office of agent, I name the
following (each to act alone and successively, in the order
named) as successor(s) to such agent:
.............................................................
.............................................................
For purposes of this paragraph 8, a person shall be considered
to be incompetent if and while the person is a minor or an
adjudicated incompetent or disabled person or the person is
unable to give prompt and intelligent consideration to business
matters, as certified by a licensed physician.
(NOTE: If you wish to, you may name your agent as guardian of
your estate if a court decides that one should be appointed. To
do this, retain paragraph 9, and the court will appoint your

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agent if the court finds that this appointment will serve your
best interests and welfare. Strike out paragraph 9 if you do
not want your agent to act as guardian.)
9. If a guardian of my estate (my property) is to be
appointed, I nominate the agent acting under this power of
attorney as such guardian, to serve without bond or security.
10. I am fully informed as to all the contents of this form
and understand the full import of this grant of powers to my
agent.
(NOTE: This form does not authorize your agent to appear in
court for you as an attorney-at-law or otherwise to engage in
the practice of law unless he or she is a licensed attorney who
is authorized to practice law in Illinois.)
11. The Notice to Agent is incorporated by reference and
included as part of this form.
Dated: ................
Signed ..........................................
(principal)
(NOTE: This power of attorney will not be effective unless it
is signed by at least one witness and your signature is
notarized, using the form below. The notary may not also sign
as a witness.)
The undersigned witness certifies that ..............., known
to me to be the same person whose name is subscribed as

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principal to the foregoing power of attorney, appeared before
me and the notary public and acknowledged signing and
delivering the instrument as the free and voluntary act of the
principal, for the uses and purposes therein set forth. I
believe him or her to be of sound mind and memory. The
undersigned witness also certifies that the witness is not: (a)
the attending physician or mental health service provider or a
relative of the physician or provider; (b) an owner, operator,
or relative of an owner or operator of a health care facility
in which the principal is a patient or resident; (c) a parent,
sibling, descendant, or any spouse of such parent, sibling, or
descendant of either the principal or any agent or successor
agent under the foregoing power of attorney, whether such
relationship is by blood, marriage, or adoption; or (d) an
agent or successor agent under the foregoing power of attorney.
Dated: ................
..............................
Witness
(NOTE: Illinois requires only one witness, but other
jurisdictions may require more than one witness. If you wish to
have a second witness, have him or her certify and sign here:)
(Second witness) The undersigned witness certifies that
................, known to me to be the same person whose name
is subscribed as principal to the foregoing power of attorney,

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appeared before me and the notary public and acknowledged
signing and delivering the instrument as the free and voluntary
act of the principal, for the uses and purposes therein set
forth. I believe him or her to be of sound mind and memory. The
undersigned witness also certifies that the witness is not: (a)
the attending physician or mental health service provider or a
relative of the physician or provider; (b) an owner, operator,
or relative of an owner or operator of a health care facility
in which the principal is a patient or resident; (c) a parent,
sibling, descendant, or any spouse of such parent, sibling, or
descendant of either the principal or any agent or successor
agent under the foregoing power of attorney, whether such
relationship is by blood, marriage, or adoption; or (d) an
agent or successor agent under the foregoing power of attorney.
Dated: .......................
..............................
Witness
State of ............)
) SS.
County of ...........)
The undersigned, a notary public in and for the above
county and state, certifies that .......................,
known to me to be the same person whose name is subscribed as
principal to the foregoing power of attorney, appeared before
me and the witness(es) ............. (and ..............) in

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person and acknowledged signing and delivering the instrument
as the free and voluntary act of the principal, for the uses
and purposes therein set forth (, and certified to the
correctness of the signature(s) of the agent(s)).
Dated: ................
..............................
Notary Public
My commission expires .................
(NOTE: You may, but are not required to, request your agent and
successor agents to provide specimen signatures below. If you
include specimen signatures in this power of attorney, you must
complete the certification opposite the signatures of the
agents.)
Specimen signatures of I certify that the signatures
agent (and successors) of my agent (and successors)
are genuine.
.......................... .............................
(agent) (principal)
.......................... .............................
(successor agent) (principal)
.......................... .............................
(successor agent) (principal)
(NOTE: The name, address, and phone number of the person

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preparing this form or who assisted the principal in completing
this form should be inserted below.)
Name: .......................
Address: ....................
..............................
..............................
Phone: .................... "
(e) Notice to Agent. The following form may be known as
"Notice to Agent" and shall be supplied to an agent appointed
under a power of attorney for property.
"NOTICE TO AGENT
When you accept the authority granted under this power of
attorney a special legal relationship, known as agency, is
created between you and the principal. Agency imposes upon you
duties that continue until you resign or the power of attorney
is terminated or revoked.
As agent you must:
(1) do what you know the principal reasonably expects
you to do with the principal's property;
(2) act in good faith for the best interest of the
principal, using due care, competence, and diligence;
(3) keep a complete and detailed record of all
receipts, disbursements, and significant actions conducted
for the principal;

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(4) attempt to preserve the principal's estate plan, to
the extent actually known by the agent, if preserving the
plan is consistent with the principal's best interest; and
(5) cooperate with a person who has authority to make
health care decisions for the principal to carry out the
principal's reasonable expectations to the extent actually
in the principal's best interest.
As agent you must not do any of the following:
(1) act so as to create a conflict of interest that is
inconsistent with the other principles in this Notice to
Agent;
(2) do any act beyond the authority granted in this
power of attorney;
(3) commingle the principal's funds with your funds;
(4) borrow funds or other property from the principal,
unless otherwise authorized;
(5) continue acting on behalf of the principal if you
learn of any event that terminates this power of attorney
or your authority under this power of attorney, such as the
death of the principal, your legal separation from the
principal, or the dissolution of your marriage to the
principal.
If you have special skills or expertise, you must use those
special skills and expertise when acting for the principal. You
must disclose your identity as an agent whenever you act for
the principal by writing or printing the name of the principal

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and signing your own name "as Agent" in the following manner:
"(Principal's Name) by (Your Name) as Agent"
The meaning of the powers granted to you is contained in
Section 3-4 of the Illinois Power of Attorney Act, which is
incorporated by reference into the body of the power of
attorney for property document.
If you violate your duties as agent or act outside the
authority granted to you, you may be liable for any damages,
including attorney's fees and costs, caused by your violation.
If there is anything about this document or your duties
that you do not understand, you should seek legal advice from
an attorney."
(f) The requirement of the signature of a witness in
addition to the principal and the notary, imposed by Public Act
91-790, applies only to instruments executed on or after June
9, 2000 (the effective date of that Public Act).
(NOTE: This amendatory Act of the 96th General Assembly deletes
provisions that referred to the one required witness as an
"additional witness", and it also provides for the signature of
an optional "second witness".)
(Source: P.A. 96-1195, eff. 7-1-11.)
Section 95. No acceleration or delay. Where this Act makes
changes in a statute that is represented in this Act by text
that is not yet or no longer in effect (for example, a Section

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represented by multiple versions), the use of that text does
not accelerate or delay the taking effect of (i) the changes
made by this Act or (ii) provisions derived from any other
Public Act.