While some people in New York are diligent about preparing wills, trusts and other documents related to estate planning, one area that sometimes gets overlooked is establishing a power of attorney. Not having a power of attorney in place can have repercussions in...
Power of attorney is key for protecting retirement accounts
New York residents who have considerable assets will do everything they can to protect them. These assets will most likely be used to fund everything from retirement to college funds and other major expenses. One great way for New Yorkers to protect their investments...
How can a power of attorney help business owners?
As a small business owner, you have a hand in all your day-to-day activities. Your may not have the resources to delegate responsibilities to employees. Or you may just like to ensure that things are done properly. Either way, without you, your company would have a...
How a medical power of attorney benefits you
If you are like many New Yorkers, you have strong feelings about the type of medical care you want and do not want in the event you must enter a hospital or nursing home as a result of an accident, injury or catastrophic illness. But what if your condition prevents...
Consider a power of attorney before you become incapacitated
A power of attorney is a document in which you, the principal, name another person, an agent or attorney-in-fact to act in matters on your behalf. Many military personnel create POAs before deploying overseas in case something happens that needs immediate attention or...
How to help loved ones who are victims of power of attorney abuse
Most people in New York and across the country offer assistance to their loved ones as they age. From offering help doing daily chores to finding affordable health care options, there are a countless number of ways in which we can offer our loved ones help during a...
Can you challenge a power of attorney document?
A power of attorney document allows an individual to name another individual as his or her agent. Should the individual executing the power of attorney document become unable to make his or her own decisions, the agent may legally make decisions for that individual....
Understanding different powers of attorney
A power of attorney is a signed legal document that gives a trustee or person the legal authority to act and make decisions on your behalf when you do not have the capacity to make decisions. For example, you may want someone to act on your behalf if you are...
New York’s powers of attorney documents can protect elderly loved ones
New York’s powers of attorney documents can protect elderly loved ones Powers of attorney documents can serve as a way to protect the finances of the elderly, helping to better ensure their efforts to save, invest and plan are not diminished.It is difficult to...
Powers of Attorney
Understanding Powers of Attorney At the law office of Connors and Sullivan Attorneys at Law, PLLC, we provide a broad range of estate planning and elder law services for people throughout New York City, Brooklyn, Queens, Manhattan, Staten Island and the Bronx.One of...