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 Suffolk New York Statutory Durable Power of Attorney — Durable Provisions is a legal document that grants an individual, referred to as the "principal," the authority to appoint another person, known as the "agent" or "attorney-in-fact," to handle their financial affairs and make important decisions on their behalf. This type of power of attorney is specifically governed by the laws of Suffolk County, New York. The statutory durable power of attorney in Suffolk County includes several durable provisions, which means that the authority granted to the agent will remain in effect even if the principal becomes incapacitated or unable to make decisions for themselves. These durable provisions provide a level of protection and security for the principal, ensuring that their financial matters are taken care of when they are unable to handle them personally. Some durable provisions included in the Suffolk New York Statutory Durable Power of Attorney may cover the agent's authority to manage the principal's assets, pay bills, collect debts, manage real estate transactions, file taxes, manage investments, and make healthcare decisions, among other financial matters. It is essential to carefully consider which powers and authorities are specifically granted to the agent in the power of attorney document. While the Suffolk New York Statutory Durable Power of Attorney includes durable provisions, it is important to note that there may be various types of durable power of attorney documents available in Suffolk County. These may include: 1. General Durable Power of Attorney: This grants the agent broad powers to handle a wide range of financial and legal matters on behalf of the principal. 2. Limited Durable Power of Attorney: This restricts the agent's authority to specific tasks or matters outlined in the power of attorney document. It is typically used for a limited period or for particular situations. 3. Springing Durable Power of Attorney: This type of power of attorney only becomes effective once specific conditions or events occur, usually when the principal becomes incapacitated or unable to make decisions. It is crucial to consult with an experienced attorney who specializes in estate planning and power of attorney matters to ensure that the chosen durable power of attorney document complies with the laws of Suffolk County, New York, and adequately addresses the principal's needs and preferences.The Suffolk New York Statutory Durable Power of Attorney — Durable Provisions is a legal document that grants an individual, referred to as the "principal," the authority to appoint another person, known as the "agent" or "attorney-in-fact," to handle their financial affairs and make important decisions on their behalf. This type of power of attorney is specifically governed by the laws of Suffolk County, New York. The statutory durable power of attorney in Suffolk County includes several durable provisions, which means that the authority granted to the agent will remain in effect even if the principal becomes incapacitated or unable to make decisions for themselves. These durable provisions provide a level of protection and security for the principal, ensuring that their financial matters are taken care of when they are unable to handle them personally. Some durable provisions included in the Suffolk New York Statutory Durable Power of Attorney may cover the agent's authority to manage the principal's assets, pay bills, collect debts, manage real estate transactions, file taxes, manage investments, and make healthcare decisions, among other financial matters. It is essential to carefully consider which powers and authorities are specifically granted to the agent in the power of attorney document. While the Suffolk New York Statutory Durable Power of Attorney includes durable provisions, it is important to note that there may be various types of durable power of attorney documents available in Suffolk County. These may include: 1. General Durable Power of Attorney: This grants the agent broad powers to handle a wide range of financial and legal matters on behalf of the principal. 2. Limited Durable Power of Attorney: This restricts the agent's authority to specific tasks or matters outlined in the power of attorney document. It is typically used for a limited period or for particular situations. 3. Springing Durable Power of Attorney: This type of power of attorney only becomes effective once specific conditions or events occur, usually when the principal becomes incapacitated or unable to make decisions. It is crucial to consult with an experienced attorney who specializes in estate planning and power of attorney matters to ensure that the chosen durable power of attorney document complies with the laws of Suffolk County, New York, and adequately addresses the principal's needs and preferences.
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.
