Power of Attorney (Statutory Form) – New York


Service Description

This service package creates the statutory short form Power of Attorney and optional statutory Gifts Rider Authorization for the State of New York.

A Power of Attorney documents that you (the Principal) have given someone or an institution (an agent) the authority to spend your money and sell or dispose of your property during your lifetime without telling you. The optional Gifts Rider allows you to authorize your agent to make gifts in excess of an annual total of $500, which is the limit specified in the Power of Attorney. The Gifts Rider and the Power of Attorney it supplements is considered one legal document.

The Power of Attorney and Gifts Rider, if applicable, can be revoked at any time.