The Benefits of a Power of Attorney
A Power of Attorney grants another person or persons authority to conduct certain activities on behalf of the principal. The power invested in this document can be strong or weak. It can be very broad in scope or restricted to a specific circumstance. It can last for years or only a day, depending on the specific language expressed in the document.
At the Law Office of Roy A. List, we draft Powers of Attorney on behalf of people in Nassau County and throughout Long Island. With more than thirty years experience in estate law, we understand the possibilities and the limitations of these important documents — and how to draft them in ways that help our clients effectively pursue their goals.
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How We Can Help
A Power of Attorney can be created to accomplish many different types of tasks. A durable Power of Attorney can often serve as a cost-effective and more convenient alternative to a conservatorship. Due to changes in New York law enacted in September 2009, you can even appoint a person who can monitor the transactions made by the agent. This can be particularly useful in managing the financial affairs of an incapacitated person when that person's adult children live some distance away from each other. A power of attorney can appoint an agent to sell a house on behalf of the principal when the principal is not able to return for the closing. These and many other tasks can be accomplished through particular types of powers of attorney.
Protecting Your Rights and Assets
It is very important to draft these documents carefully and to appoint an agent who can be trusted to act as a prudent fiduciary. There are also some strict rules regarding gifting of assets and other matters. Roy A. List can review your situation and create the Power of Attorney that can accomplish your goals.
More information about Powers of Attorney can be found in our Power of Attorney Information Center.
Free Consultation With One of Our Lawyers
Contact us for a free consultation with the Law Office of Roy A. List.
