Appoint a Temporary Guardian and Execute a Temporary, Limited Power of Attorney (POA), of course! Oh, and don’t forget to lock all of the doors.
If you managed to convince someone to watch your little ones, while you secure yourself some much needed adult time, first of all, Congrats! Secondly, you should execute a temporary POA, [...]
Vacation Without the Kids? Wait, Don’t Forget To…
Published on September 24, 2009 by Debrina Washington
New York’s Statutory Major Gifts Rider
Published on September 20, 2009 by Debrina Washington
Introduction
In conjunction with the amendments to the New York Power of Attorney, effective as of September 1st 2009, previously discussed in detail here, the New York State government enacted a mechanism for a principal to grant an agent the power to transfer gifts to a beneficiary. The New Power of Attorney controls the handling of the principal’s general affairs, while the Statutory Major Gifts Rider (SMGR) [...]
Revised New York Power of Attorney– Why Should Single Parents Care?
Published on September 17, 2009 by Debrina Washington
Summary of New Power of Attorney Law
On September 1st, 2009, an amended New York Power of Attorney (POA) law became effective. The new “durable” (form remains in effect, even in the event of incapacity) POA places additional requirements on both the principal and the agent. In fact, the agent is required to sign and date [...]