Pennsylvania Statutes

§ 5602 — Form of power of attorney

Pennsylvania·Title 20 DECEDENTS, ESTATES AND FIDUCIARIES·Ch. 56 POWERS OF ATTORNEY
(a)Specification of powers.--A principal may, by inclusion of the language quoted in any of the following paragraphs or by inclusion of other language showing a similar intent on the part of the principal, empower an agent to do any or all of the following, each of which is defined in section 5603 (relating to implementation of power of attorney):
(1)(Deleted by amendment).
(2)"To create a trust for my benefit."
(3)"To make additions to an existing trust for my benefit."
(4)"To claim an elective share of the estate of my deceased spouse."
(5)(Deleted by amendment).
(6)"To renounce fiduciary positions."
(7)"To withdraw and receive the income or corpus of a trust."
(8)(Deleted by amendment).
(9)(Deleted by amendment).
(10)"To engage in real property transactions."
(11)

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Legislative History

(Dec. 16, 1992, P.L.1163, No.152, eff. imd.; Dec. 1, 1994, P.L.655, No.102, eff. 90 days; Oct. 12, 1999, P.L.422, No.39, eff. 60 days; July 2, 2014, P.L.855, No.95, eff. Jan. 1, 2015; July 8, 2016, P.L.497, No.79, eff. Jan. 1, 2017) 2016 Amendment.Act 79 amended subsec. (a). Section 21(2)(iii) of Act 79 provided that any provision in a power of attorney incorporating by reference a power under subsec. (a)(8), (9) or (23) prior to the repeal of subsec. (a)(8), (9) or (23) shall be governed by the respective paragraph of subsec. (a) as if no repeal occurred. 2014 Amendment.Act 95 amended subsecs. (a)(17) and (c), added subsecs. (a.1) and (d) and deleted subsec. (a)(5). See section 9 of Act 95 in the appendix to this title for special provisions relating to application of law. 1999 Amendment.See section 13(5) and (8) of Act 39 in the appendix to this title for special provisions relating to applicability. Cross References.Section 5602 is referred to in sections 5601, 5601.4 of this title.

Nearby Sections

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