On September 1, 2009, Powers of Attorney in New York State will change dramatically. Both the format and the execution of these documents are significantly different.
Remedies for an unreasonable refusal to accept a properly executed Power of Attorney are limited by the new law to a special proceeding to force the acceptance. Damages are no longer possible.
by Amelia E. Pohl, Esq. and New York Attorney Vincent J. Russo, Esq.
Simple Practical Things You Can do For MAXIMUM CONTROL AND PROTECTION of Your Property During Your Lifetime
And Enable your Loved Ones to Inherit Your Property with MINIMUM COST AND HASSLE
Cost $27.00 plus $5.00 shipping and handling
Order below or call 800-680-1717
Many seniors have Powers of Attorney, but do you have the right one? This is a very important question because no one has the right to make financial decisions for you, unless you have legally appointed a person with the authority to act for you.The best way to give that legal authority is by executing a Comprehensive Durable Power of Attorney.
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The problem: The will my husband and I drew up names our son as executor. Due to family circumstances, we would now like my husband’s brother to act as executor, not our son. Do we need to redo our will, or can we just sign an addendum with this change and have it notarized?
The expert: Frank L. Buquicchio, elder law and estate planning attorney, Vincent J. Russo & Associates.
It is not uncommon for my law firm to get a call from a family member who is at wits end in trying to help a loved one. Mom was very private and we do not know what assets she has? Dad never went to a lawyer and we don't know who has the right to make decisions for him? The hospital discharge planner is telling us that we need to do Medicaid planning to pay for nursing home care. The hospital wants to know who is the agent under a Health Care Proxy but my wife never signed one.
Who Should I Name As My Executor?
It depends on your family members and friends. Do they have the knowledge, the time, are they capable of handling any family disputes? The job of executor can be time-consuming and difficult. That is why you need to think twice before you make that decision in your Will.
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Get Your Estate Plan In Order.mp3

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