What can an agent in a power of attorney do? That entirely depends on the…
Yes – unfortunately, the rumors are true. On December 15, 2020, Governor Cuomo signed into law changes to the New York power of attorney (“POA”) law, which will take effect on June 13, 2021. We will cover:
- Your existing powers of attorney remain effective.
- Provides a clear procedure to direct someone to sign the power of attorney on their behalf.
- The separate statutory gift rider will not be required for new powers of attorney.
Don’t miss this important presentation to find out what you can do now to protect your assets before June 13, 2021!
Presenter: Deanna M. Eble, Esq.
Deanna is a Partner at Russo Law Group, P.C. of Garden City, Islandia, Lido Beach and Manhattan, New York. She focuses on Elder Law, Estate Planning, Special Needs Planning and Medicaid Planning, and has practiced in these areas for more than fifteen years. Deanna is a member of the New York State Bar Association, Nassau County Bar Association, Nassau County Women’s Bar Association, Elder Counsel and is admitted to the New York Bar. She earned her law degree at Hofstra University School of Law. Deanna frequently presents seminars on Elder Law and Estate Planning throughout Nassau and Suffolk counties.