Powers of Attorney

Queens Power of Attorney Lawyers

Since 2014, Gill & Kadochnikov P.C. has been an invaluable resource for clients navigating estate planning matters, including instituting and altering powers of attorney. Our firm protects clients’ assets and interests through thoughtful planning and timely interventions. Thousands have put their legal needs in our capable attorneys’ hands. We welcome you to do the same. For assistance with powers of attorney in Queens, reach out today.

Request a complimentary consultation by calling (929) 405-1054 or submitting our online contact form. We work with clients virtually, making it easy to get crucial legal support no matter where you are in New York or the Northeast.

What to Know About Powers of Attorney

A power of attorney is a legal document that gives someone (your “agent” or “attorney-in-fact”) the authority to act on your behalf in specific matters. For example, you can designate a power of attorney to a spouse or family member, allowing them to make decisions about your finances or healthcare should you become incapacitated.

Types of Powers of Attorney

There are several types of powers of attorney, each serving differing purposes:

General power of attorney: This grants your agent the authority to make financial and legal decisions that you would otherwise handle. With a general power of attorney, your agent can sign contracts, file taxes, and more.
Limited power of attorney: As the name suggests, this type lets your agent handle specific tasks or decisions. For example, you may designate a limited power of attorney so your agent can represent you by proxy during a real estate or business transaction.
Durable power of attorney: If you become incapacitated and cannot make decisions about end-of-life care, an agent with a durable power of attorney can act on your behalf.
Springing power of attorney: This type only goes into effect once a specific event occurs or you are in a certain physical or mental condition.

Who Can Be Your Agent?

Choosing an agent is not something to take lightly. They must be able to make crucial decisions about your finances, healthcare, and other important matters. You want to select someone intimately familiar with your preferences and who will have your best interests at heart. Often, our clients designate powers of attorney to spouses, siblings, children, close friends, and legal professionals. It is important to speak with your potential agent and ensure they are willing to take on decision-making responsibilities.

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Creating a Power of Attorney

In order for a power of attorney to be valid, it must meet several legal stipulations.

In New York, these include the following:

The document must be legibly typed or printed in an appropriate font size (12-point or greater)
You (the principal) must sign and date the power of attorney document when you have the mental capacity to do so
The document must be notarized
Your designated agent must also sign and date the document before a notary

At Gill & Kadochnikov P.C., we serve clients in New York and other areas throughout the Northeastern United States. For detailed information about your state’s power of attorney requirements, consult one of our knowledgeable lawyers.

When Does a Power of Attorney End?

Typically, a power of attorney ends when any of the following occurs:

You revoke it: You have the right to revoke or terminate a power of attorney at any time.
You pass away: A power of attorney automatically ends upon death.
The purpose is fulfilled: If a power of attorney is for a specific task or period, it will end after the task is over or the period is complete.

Questions About Powers of Attorney? Contact Us.

We are prepared to offer the direction and insights you need to make decisions about anything to do with powers of attorney. Contact us today to get the peace of mind that comes with knowing your legal affairs are in order.

To speak with a Queens power of attorney lawyer, call (929) 405-1054 or submit our online contact form.

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