New Yorkers Can Look Forward to a Simplified Power of Attorney Form in 2021
Overview
In December 2020, New York Governor Andrew Cuomo signed a bill representing the most significant change to the New York law governing Powers of Attorney (POA) in almost a decade. In an effort to increase the acceptance of POAs, the new law redefines the POA. Other notable changes include expanded options for execution, additional third-party protection, and protection against unreasonable rejection of legitimate POAs.