Major Changes to New York's Statutory Short Form Power of Attorney

Join elder law attorney Anthony J. Enea, Esq. for an in-depth look at the recent changes to New York's statutory short-form power of attorney. The course will cover important drafting considerations and the new gifting provisions for the statutory short-form power of attorney. This program will benefit both junior and experienced attorneys alike, across many areas of practice, including elder law, asset protection planning, special needs planning, Medicaid applications, guardianships, and wills, trusts, and estates.

Learning Objectives:

1. Explore the purpose of a durable power of attorney, how it works, and the importance of including broad gifting powers in the modifications section

2. Recognize the major changes to New York's statutory short form power of attorney, such as the elimination of the statutory gifts rider, and how to deal with gifting provisions moving forward

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