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proper to carry out the foregoing powers, hereby releasing all
third persons from responsibility for the acts and omissions of
my attorney.”
The December 22, 1987, power and the March 12, 1992, No. 1
power were prepared on preprinted standard power of attorney
forms published by the same company and used identical language
in most respects. They appointed Ms. Thompson as decedent’s
“true and lawful attorney” to exercise certain powers “for me and
in my name, place and stead and for my use and benefit”. Among
those powers was the power to “lease, let, grant, bargain, sell,
contract to sell, convey, exchange, remise, release and dispose
of” any of decedent’s “real or personal property * * * for any
price or sum and upon such terms and conditions as to my said
attorney may seem proper”. The powers of attorney also contained
a general grant, giving Ms. Thompson “full power and authority
freely to do and perform every act and thing whatsoever requisite
and necessary to be done in and about the premises, as fully to
all intents and purposes, as I might or could do if personally
present”.
Our review of the March 12, 1992, No. 2 power in particular
leads us to conclude that the grant of power authorizing
decedent’s attorney-in-fact to transfer decedent’s real or
personal property was sufficiently broad to encompass the power
to make gifts. See sec. 2512(b) (“Where property is transferred
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