This is a statutory durable general power of attorney form that is provided in the New York State Consolidated Laws. This form complies with the current law in New York for creating a power of attorney.
This form includes both the statutory short form power of attorney, as well as an optional gifts rider.
The Bronx New York Statutory Durable Power of Attorney (SD POA) — Durable Provisions is a legal document that grants an individual or "agent" the authority to make financial, legal, and other important decisions on behalf of another person, known as the "principal." This type of power of attorney is specifically governed by the laws and regulations of the state of New York, particularly in the Bronx County. The Durable Provisions of the Bronx New York SD POA are a crucial aspect that distinguishes it from other types of powers of attorney. A durable power of attorney remains effective even if the principal becomes incapacitated or mentally incompetent. This provision ensures that the agent can continue acting on the principal's behalf, managing their affairs and making important decisions, despite their inability to do so themselves. Within the realm of Bronx New York Statutory Durable Power of Attorney — Durable Provisions, there are various types available to cater to different circumstances and preferences. These may include: 1. General Durable Power of Attorney: Grants broad powers to the agent to handle all financial and legal matters on behalf of the principal. It can be effective immediately or activated upon the principal's incapacity. 2. Limited Durable Power of Attorney: Confers specific powers to the agent for a limited period or specific purpose, such as handling a real estate transaction or managing a business during the principal's absence. 3. Springing Durable Power of Attorney: Activates only upon the occurrence of a specific event, usually the principal's incapacity or mental incompetence. A designated individual or medical professional must certify the incapacitation before the agent can exercise their powers. 4. Health Care Durable Power of Attorney: Focuses solely on health care-related decisions, granting the agent the authority to make medical choices on the principal's behalf when they are unable to do so. When creating a Bronx New York Statutory Durable Power of Attorney — Durable Provisions, it is essential to follow the specific requirements and guidelines set forth by New York state law. Consulting with an experienced attorney specializing in estate planning and power of attorney matters in the Bronx can ensure that the document accurately reflects the principal's intentions and complies with all legal obligations and safeguards.The Bronx New York Statutory Durable Power of Attorney (SD POA) — Durable Provisions is a legal document that grants an individual or "agent" the authority to make financial, legal, and other important decisions on behalf of another person, known as the "principal." This type of power of attorney is specifically governed by the laws and regulations of the state of New York, particularly in the Bronx County. The Durable Provisions of the Bronx New York SD POA are a crucial aspect that distinguishes it from other types of powers of attorney. A durable power of attorney remains effective even if the principal becomes incapacitated or mentally incompetent. This provision ensures that the agent can continue acting on the principal's behalf, managing their affairs and making important decisions, despite their inability to do so themselves. Within the realm of Bronx New York Statutory Durable Power of Attorney — Durable Provisions, there are various types available to cater to different circumstances and preferences. These may include: 1. General Durable Power of Attorney: Grants broad powers to the agent to handle all financial and legal matters on behalf of the principal. It can be effective immediately or activated upon the principal's incapacity. 2. Limited Durable Power of Attorney: Confers specific powers to the agent for a limited period or specific purpose, such as handling a real estate transaction or managing a business during the principal's absence. 3. Springing Durable Power of Attorney: Activates only upon the occurrence of a specific event, usually the principal's incapacity or mental incompetence. A designated individual or medical professional must certify the incapacitation before the agent can exercise their powers. 4. Health Care Durable Power of Attorney: Focuses solely on health care-related decisions, granting the agent the authority to make medical choices on the principal's behalf when they are unable to do so. When creating a Bronx New York Statutory Durable Power of Attorney — Durable Provisions, it is essential to follow the specific requirements and guidelines set forth by New York state law. Consulting with an experienced attorney specializing in estate planning and power of attorney matters in the Bronx can ensure that the document accurately reflects the principal's intentions and complies with all legal obligations and safeguards.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
