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Nov
09

New Power of Attorney Legislation

Post By George in Estate Planning - Documents

On January 27, 2009, Governor Paterson signed legislation significantly modifying New York’s provisions regarding powers-of-attorney; the effective date is September 1, 2009. For most families, powers-of-attorney should be included in your portfolio of important documents. Powers currently in effect will be “grandfathered,” but if this is an area you’d like to review/update, be sure to be mindful of these new provisions.




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