Power of Attorney Archives

May 25, 2021July 14, 2021

Changes in Power of Attorney Forms for New York State

Blumberg announces an important update to their New York State Power of Attorney Forms. This update complies with amendments to the Power of Attorney Statute that takes effect June 13, 2021. For over 100 years courts have relied on Blumberg Powers of Attorney forms. The distinctive boilerplate and usage in countless transactions have become the trusted choice of attorneys and the financial, real estate, business, and healthcare communities.

January 4, 2021January 6, 2021

New Power of Attorney Forms in New York

On December 15, 2020, Governor Cuomo signed a new law amending the requirements for executing a Power of Attorney form in New York State. The new law is scheduled to take effect in June 2021.

January 2, 2019October 28, 2020

Selecting an Agent under your Financial Power of Attorney

A Secret Agent may be very important to protecting the nation. Your Agent is just as important for your protection. An Agent is the person who makes financial decisions for you under a Financial Power of Attorney or makes medical decisions for you under a Health Care Power of Attorney. The Agent under your Financial Power of Attorney may act for you when you aren’t able to act for yourself, for example when you lack capacity. This is called a “springing power.” Alternatively, you also could allow your Agent to act for you under the Financial Power of Attorney even when you’re able to act for yourself. This is called an “immediate power.” Continue reading “Selecting an Agent under your Financial Power of Attorney”