Estate of Rosa B. Neff, Deceased, Chris Hunt, Executor - Page 4

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          decedent.  Mr. Hunt, Mr. Hammontree, and Ms. Williams were each             
          recipients of one of the annuities in issue.  The durable power             
          of attorney contained broad grants of authority which stated,               
          inter alia:                                                                 
                    My attorneys-in-fact shall have all of the powers,                
               discretions, elections, and authorities granted by                     
               statute, common law, and under any rule of court.                      
                              *   *   *   *   *   *   *                               
                    My attorneys-in-fact may sell, convey, lease,                     
               exchange, mortgage, pledge, release, hypothecate, or                   
               otherwise deal with, dispose of, exchange, or encumber                 
               any of my property, either real or personal.                           
                              *   *   *   *   *   *   *                               
                    My attorneys-in-fact may act in all matters with                  
               respect to all powers described herein as freely,                      
               fully, and effectively as I could or might do                          
               personally if present and of sound and disposing mind.                 
          The power of attorney did not, however, contain an explicit grant           
          of gift-giving authority.  Decedent executed the durable power of           
          attorney by her own hand on July 17, 1992, and her signature was            
          notarized.  Prior to initiating the transfer of the 19 annuities,           
          Mr. Murphy consulted the attorney who had drafted the durable               
          power of attorney regarding whether the attorneys in fact had the           
          power to make the transfers under the durable power of attorney.            
          Mr. Murphy was told that the attorneys in fact did have the power           
          to make such transfers.                                                     
               The Rosa Neff Living Trust (the trust), a revocable trust,             
          was created on August 27, 1992, by Mr. Hunt, Mr. Hammontree, and            
          Ms. Williams, acting as decedent's attorneys in fact.  Decedent             




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