Drafting an Effective Power of Attorney in New York (2025 Update)

Not all powers of attorney are created equal. Join Michael P. Enea, of Enea, Scanlan & Sirignano, LLP, as he shares his insights on this important document. Mr. Enea will cover the pros and cons of a durable vs. non-durable power of attorney, the benefits of broad gifting power, and the growing need to include digital assets.

Learning Objectives:

1. Recognize the differences between a durable and non-durable power of attorney as well as statutory requirements

2. Explore the modifications necessary for the digital era as well as estate planning and Medicaid eligibility considerations, statutory gift riders, and the importance of broad gifting powers

3. Identify common pitfalls when drafting a power of attorney and how to avoid them, including the proper appointment of agents