PRACTICAL ADVICE WHEN BUYING A NEW HOME - ESPECIALLY AT A DISTANCE
Nov 25, 2010
With the advent of digital computers, video and photography, real estate listings have taken a strange step lately. More than a few houses that are remotely listed so that out-of-state buyers can "see...
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Power Of Attorney In New York - Part 7
Nov 25, 2010
It is important to note that gifts over $500 require an SMGR, but smaller ($500 and under in each calendar year) to various individuals and/or charities, especially those which continue a previous cust...
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Power Of Attorney In New York - Part 8
Nov 23, 2010
A properly executed statutory short form power of attorney must be accepted by a third party and they cannot insist upon using their own form different than the statutory short form provided for in the...
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Power Of Attorney In New York - Part 6
Nov 23, 2010
The authority to establish and/or fund trusts is also removed from the Power of Attorney statute at NY G.O.L.? 5-1502C, It now appears as a specific provision in the statutory Major Gifts form or SMGR...
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Power Of Attorney In New York - Part 5
Nov 23, 2010
The Power of Attorney becomes effective is the date on which the agent's signature is acknowledged (notarized) and if there are more than one agent, then it becomes effective on the date the last Agent...
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Power Of Attorney In New York - Part 4
Nov 23, 2010
For a Power of Attorney to be valid for the purpose of letting the Agent make gifts on behalf of the Principal, a short form power of attorney must specifically contain the gift giving authority proper...
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Power Of Attorney In New York - Part 3
Nov 23, 2010
The Power of Attorney law now provides that the form for a Power of Attorney is "durable" (which menas its not effected by the later incapacity of the Principal), unless it specifically is provided for...
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Power Of Attorney In New York - Part 2
Nov 23, 2010
When it comes time to giving major gifts by an agent who has a Power of Attorney in New York, the new law now requires a second form be used, called a Statutory Major Gift Rider (SMGR), which has addi...
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POWER OF ATTORNEY IN NEW YORK - Part 1
Nov 23, 2010
In September, 2009, the NY Legislature implimented a new Power of Attorney procedure that took it from a relatively easy thing to do to a somewhat complex procedure that now requires two witnesses whos...
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The Difference Between Harrassment And 3rd In New York
Nov 23, 2010
The primary difference between Harrassment, which is a Violation and not a crime, is whether medical care was administered to the victim in the case or not. If medical treatment was necessary for a ph...
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