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| (a) To the full extent provided in sections 3-105, 5-102, and 5- | 402, 7-201 and 7-204, the court has jurisdiction over all subject | | matter relating to (1) estates of decedents, including construction | | of wills and determination of heirs and successors of decedents and | | estates of protected persons; (2) protection of minors and | | incapacitated persons; and (3) trusts. |
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| | | Sec. B-5. 18-A MRSA §3-913, sub-§(a), as enacted by PL 1979, c. 540, | | §1, is repealed. |
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| | | Sec. B-6. 18-A MRSA §3-913, sub-§(c), as enacted by PL 1979, c. 540, | | §1, is amended to read: |
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| | | (c) No inference of negligence on the part of the personal | representative shall may be drawn from his the personal | | representative's failure to exercise the authority conferred by | subsections (a) and subsection (b). |
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| | | Sec. B-7. 18-A MRSA §5-417, as enacted by PL 1979, c. 540, §1, is | | amended to read: |
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| | | §5-417. General duty of conservator |
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| | | In the exercise of his the conservator's powers, a conservator | | is to act as a fiduciary and shall observe the standards of care | applicable to trustees as described by section 7-302 Title 18-B, | | sections 802 to 807 and chapter 9. |
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| | | Sec. B-8. 18-A MRSA §5-508, sub-§§(a) and (d), as repealed and replaced by | | PL 1997, c. 683, Pt. C, §6, are amended to read: |
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| | | (a) A durable financial power of attorney is a durable power | | of attorney by which a principal designates another as attorney- | | in-fact to make decisions on the principal's behalf in matters | | concerning the principal's finances, property or both. In the | | exercise of the powers conferred under a durable financial |
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| | | power of attorney, an attorney-in-fact shall act as a fiduciary | | under the standards of care applicable to trustees as described | by section 7-302 Title 18-B, sections 802 to 807 and chapter 9. |
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| | | (d) A durable financial power of attorney must contain the | | following language: |
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| | | "Notice to the Principal: As the "Principal," you are using this | | Durable Power of Attorney to grant power to another person | | (called the "Agent" or "Attorney-in-fact") to make decisions | | about your money, property or both and to use your money, | | property or both on your behalf. If this written Durable Power | | of Attorney does not | | limit the powers that you give your Agent, |
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