Section 4264 Of Article 3. Authority Of Attorneys-in-fact From California Probate Code >> Division 4.5. >> Part 2. >> Chapter 4. >> Article 3.
4264
. An attorney-in-fact under a power of attorney may perform any
of the following acts on behalf of the principal or with the
property of the principal only if the power of attorney expressly
grants that authority to the attorney-in-fact:
(a) Create, modify, revoke, or terminate a trust, in whole or in
part. If a power of attorney under this division empowers the
attorney-in-fact to modify or revoke a trust created by the
principal, the trust may be modified or revoked by the
attorney-in-fact only as provided in the trust instrument.
(b) Fund with the principal's property a trust not created by the
principal or a person authorized to create a trust on behalf of the
principal.
(c) Make or revoke a gift of the principal's property in trust or
otherwise.
(d) Exercise the right to reject, disclaim, release, or consent to
a reduction in, or modification of, a share in, or payment from, an
estate, trust, or other fund on behalf of the principal. This
subdivision does not limit the attorney-in-fact's authority to
disclaim a detrimental transfer to the principal with the approval of
the court.
(e) Create or change survivorship interests in the principal's
property or in property in which the principal may have an interest.
(f) Designate or change the designation of beneficiaries to
receive any property, benefit, or contract right on the principal's
death.
(g) Make a loan to the attorney-in-fact.